Page 10 - Vienna Meeting Materals October 4, 2015 b
P. 10
Discussion Materials
4. The directors would establish policies and procedures.
5. The staff would make recommendations to be approved, modified, or disapproved
by the directors.
6. Members would vote on directors by class at the annual meeting.
7. All members would be open to participating and chair committees.
3. Dues, Initiation Fees, and Non-Dues Revenue
Dues and initiation fees are all spent to promote the interest of all members. They are an
investment in each of the members’ futures.
Dues and Initiation Fees
Initially, the primary revenue for the association will be dues and initiation fees.
Initiation fee:
Global Networks: $3,000
Regional Networks: $3,000
Annual Dues:
Global Networks: $8,000
Regional Networks: $4,000
Non-Dues Revenue
The association will have sponsors and preferred vendors supporting the organization. The
base of 40 members with more than 200,000 lawyers makes this possible.
Within 5 years non-dues revenue is expect to exceed the annual dues revenue.
4. Membership Process
Creation of an association is a continuing process of reciprocal evaluation from the
beginning through its full development. Each network will evaluate membership in its own
unique way. The organization committee seeks to provide a fair process to account for this
individual analysis. Each potential member should have sufficient time to make its final
decision to become a founding member.
The process is following:
1. The organization committee presents potential founding members a preliminary
plan as generally set out in these materials.
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4. The directors would establish policies and procedures.
5. The staff would make recommendations to be approved, modified, or disapproved
by the directors.
6. Members would vote on directors by class at the annual meeting.
7. All members would be open to participating and chair committees.
3. Dues, Initiation Fees, and Non-Dues Revenue
Dues and initiation fees are all spent to promote the interest of all members. They are an
investment in each of the members’ futures.
Dues and Initiation Fees
Initially, the primary revenue for the association will be dues and initiation fees.
Initiation fee:
Global Networks: $3,000
Regional Networks: $3,000
Annual Dues:
Global Networks: $8,000
Regional Networks: $4,000
Non-Dues Revenue
The association will have sponsors and preferred vendors supporting the organization. The
base of 40 members with more than 200,000 lawyers makes this possible.
Within 5 years non-dues revenue is expect to exceed the annual dues revenue.
4. Membership Process
Creation of an association is a continuing process of reciprocal evaluation from the
beginning through its full development. Each network will evaluate membership in its own
unique way. The organization committee seeks to provide a fair process to account for this
individual analysis. Each potential member should have sufficient time to make its final
decision to become a founding member.
The process is following:
1. The organization committee presents potential founding members a preliminary
plan as generally set out in these materials.
7|Page
