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About Us
New Partner Joins Lawrence Associates
Richard M. Lucash,
founder of the law firm of Lucash, Gesmer
and Updegrove, where he was a senior partner, and most recently a senior partner
with the law firm of Eckert Seamans in the Business Division, has
joined Lawrence Associates. Mr. Lucash has focused on
organizational, capital formation, founder and management
compensation and other legal and business issues for high
technology companies, and has advised the organizations and
individuals who invest in those companies. He has been actively
involved with the venture capital community. His involvement
with raising capital includes his formation of the LaunchPad
angel investment group. Mr. Lucash’s experience
includes working with companies involved in a wide range of
technologies, including computer software and medical device
companies, Internet-based electronic commerce and interactive
media businesses, and nanotechnology applications.
Lindalee A. Lawrence, Founder
Ms. Lawrence is
the founder and President of Lawrence Associates. She assists healthcare,
academic and not-for-profit clients with executive compensation design, CEO
compensation, salary comparison, wage and salary
administration, salary surveys, job evaluation, organization design, incentive programs and
pay for performance. She assists management, board members and hospital associations in responding
to public disclosure of executive compensation. She has been quoted in the Boston Globe,
Cambridge Chronicle, Home News, Berkshire Eagle, Patriot Ledger
and other media regarding executive compensation. She provides Trustee
education through the Healthcare
Trustee Institute. Ms. Lawrence has over twenty years of experience
working with employers in these areas.
Prior to forming Lawrence Associates in 1989, Ms. Lawrence was Manager of the
Healthcare, Government and Financial Services Industries Human Resource practice for KPMG
Peat Marwick in Boston. She spent four years with William M. Mercer, Incorporated,
responsible for consulting in the areas of group employee benefits, medical cost
containment and plan design, and has worked with collectively bargained employers and
Taft-Hartley plans. Ms. Lawrence was a senior official in healthcare, insurance and health maintenance
organization regulation for the State of Massachusetts prior to entering consulting. She
was the Associate Director of Research and Education for the Massachusetts Division of
Insurance. She also worked in the Quality of Care and Research unit of a health
maintenance organization.
She
holds an M.B.A. from the Wharton School and a B.A. from the University of
Pennsylvania. Ms. Lawrence is a
Certified Compensation Professional (CCP), having passed the WorldAtWork
(formerly American Compensation Association) series of examinations.
Ms.
Lawrence is a member of the WorldAtWork, American Society for Healthcare Human
Resources Administration (ASHHRA), College and University Professional
Association for Human Resources (CUPA-HR), the Massachusetts Healthcare Human
Resources Association and a sponsor for the Massachusetts Hospital Association.
She served on the national ASHHRA Committee on Variable Compensation.
Ms.
Lawrence is the author of the compensation chapter for the
Health Care Administration Manual, winner of the 2007 ASHHRA
Communications Award, published by Aspen Publishers.
She authored “Designing
an Incentive Compensation Program that Works” published in the
January 1998 Healthcare
Financial Management, and winner of ASHHRA’s 1999 Communication Award.
Prior to joining Lawrence
Associates, Mr. Lucash founded the law firm of Lucash, Gesmer
and Updegrove, where he was a senior partner and served on the
Compensation Committee. Most recently, he was a senior partner
with the law firm of Eckert Seamans in the Business Division.
Mr. Lucash has focused on
organizational, capital formation, founder and management
compensation and other legal and business issues for high
technology companies, and has advised the organizations and
individuals who invest in those companies. He has been actively
involved with the venture capital community. His involvement
with raising capital includes his formation of the LaunchPad
angel investment group.
Mr. Lucash’s experience
includes working with companies involved in a wide range of
technologies, including computer software and medical device
companies, Internet-based electronic commerce and interactive
media businesses, and nanotechnology applications.
Mr. Lucash is a Director
of the Launchpad investment group and is a member of the Board
of Advisors of several companies. He has long been an active
member of the MIT Enterprise Forum and the Massachusetts
Technology Leadership Council, for which he chairs the Steering
Committee of the Access to Capital group. He is admitted to
practice in Massachusetts. Mr. Lucash holds an AV®
(highest) rating for attorneys from Martindale-Hubbell. He
holds a J.D., from the Cornell University Law School, and an
undergraduate degree in Physics from the Massachusetts Institute
of Technology.
Speaking and Media Coverage
-
Red
Flags: When to Probe Deeper on Executive Compensation
What are the red flags
that should alert a board or compensation committee to pay
closer attention?
We asked three
compensation consultants: Jim Rohan, Vice President
and
Managing Director, Sullivan, Cotter and Associates, Chicago,
IL; David Bjork, PhD, Managing Director at Clark Consulting,
Minneapolis, MN; and
Lindalee Lawrence, President of Lawrence Associates,
Wellesley, MA.
-
Elyas Bakhtiari, “Step
6: Communicate, phase-in plan to ensure smooth
implementation,” Physician Compensation Report.
-
Nora Caley, "Hiring Yourself: Finding Marketing
Staff", Healthcare Marketing Report, December 2006.
-
Elyas Bakhtiari, “Study
sheds light on benefits of disclosing docs' financial incentives
to patients,” Physician Compensation Report, Vol. 7 No. 5,
May 2006.
David Epstein, “Stanford’s
Lucky Lunch,” Inside Higher Ed News, October 27, 2005.
-
“Managing Compensation in a Community College” with Peter Akeke of Massasoit Community College, May 2005.
-
"Compensating Museum Management and Staff: What
is Fair and Reasonable?", Mid-Atlantic Association of Museums,
October 17, 2004, includes a survey sponsored by MAAM and MANY
(New York) and
Report
published on their websites.
-
“Current Trends in Healthcare Compensation,”
AHHRA of Greater NY,
March 19,
2004.
-
“Emerging Trends in Senior Care Executive Compensation
Practices – How Important It Is to Senior Care Trustees, CEOs
and Management”, Association of Jewish Aging Services, March
1, 2004.
-
"Hall
goals unclear, bonuses high: Convention execs' guidelines
obscure," Boston Herald,
November
17, 2003.
-
New
England Healthcare Assembly, Healthcare Trustee institute:
Lawrence Associates spoke on Executive Compensation at
the 24th Annual Trustee Conference
November
13-14, 2003.
-
“Compensation Trends in Higher Education,”
Southern
New England
College and University Professional Association for HR,
January-February, 2003.
-
“What Finance Staff Should Know About
Compensation” and What HR Staff Should Know About Executive
Compensation”, Private Voluntary Organizations, June 2002.
-
"Job-cutting
CEOs cashing in, study finds," Boston Herald,
August 26, 2003
-
"Report faults ARMC, Commissioner: Execs
overpaid; county misled," Athens Banner-Herald,
August 9,
2002.
-
Hospital boss lands big raise," Cambridge
Chronicle, MA,
August 28,
1997.
-
"Finding
Phelps' pay below standard, BHS eyes raise," The Berkshire
Eagle, MA,
October 1, 1996
-
"Pay healthy for hospital CEOs," The Patriot
Ledger, MA, September, 1996
-
"CEO pay at hospitals a complex riddle," The
Home News, NJ,
April 2,
1995
-
"Boston
hospital chiefs got healthy pay in '92," Boston Globe,
August 19, 1993
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