Which Biglaw Firm Makes Partners Write Essays To Prove Why They Should Be Paid?

Partners, you better make sure you do your homework at this firm.

If you compensate your partners in an ‘eat what you kill’ manner, you’re going to create a very different firm than if you compensate in an lockstep manner, where everyone has a culture of collaboration, working together. The world now is trending much more toward ‘eat what you kill’ and that is a huge problem.

In our system, we send a memo out every fall to all our partners asking them to write a 10-page memo outlining their contribution to the firm. Our compensation is pretty lockstep, everyone knows what everyone else makes.

Brad Karp, chairman of Paul Weiss, describing the way compensation at large law firms has changed over the years, during a breakout session at Harvard Law’s Center on the Legal Profession conference on Professionalism in the 21st Century.

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