Merit Based Compensation
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Associate Salaries, Biglaw, Money
Biglaw Firm Finally Reveals Compensation For Midlevel And Senior Associates -- And They Are Pissed
Associates are pissed about the newly announced compensation scale. -
Associate Salaries, Biglaw, Bonuses, Money
Biglaw Firm Announces New Base Salary Scale
This leader in merit- or performance-based compensation is moving back in the direction of a lockstep system, it seems. - Sponsored
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
Findings from the "Future of Professionals Report," based on a survey of 1,200 professionals from North and South America and the UK. -
Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: Mixed Feelings -- Plus Changes To Base Salaries -- At McDermott Will & Emery
So what adjustments did the firm make to its base salary scale?
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Biglaw, Bonuses, Money
Associate Bonus Watch: WilmerHale's Wily Ways?
Is "merit-based" compensation just a poorly disguised way for a law firm to lower total compensation costs? -
Biglaw, Bonuses, Money
Associate Bonus Watch: Happy Campers At WilmerHale?
How were 2013 bonuses at WilmerHale? -
Biglaw, Billable Hours, Bonuses, Money, Silicon Valley
Associate Bonus Watch: Discontent At Wilson Sonsini?
How are bonuses looking at Wilson Sonsini? Some associates aren't happy.... -
Biglaw, Bonuses, Money
Associate Bonus Watch: Orrick, Herrington & Sutcliffe
How were bonuses at Orrick in 2013? -
Akin Gump, Associate Salaries, Biglaw, Killing Lockstep, Money
It's Mid-January. Do You Know Where Your Raise Is?
Associates at two top law firms freak out over fears of not getting their annual pay raises. - Sponsored
Profit Powerhouse: Elevating Law Firm Financial Performance
In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Associate Bonus Watch 2012, Biglaw, Billable Hours, Bonuses, Money
Associate Bonus Watch: Orrick Charts A Steady Course
How are 2012 bonuses looking at Orrick, one of the leading firms in the area of merit-based compensation? -
Biglaw, Litigators, Money, Partner Issues, Partner Profits, Women's Issues
Buying In: Partner Paydays (Part 3)
Some thoughts from the Anonymous Partner on various partner pay disparities -- between closed-comp and open-comp shops, between litigators and transactional lawyers, and between women and men. -
Biglaw, Money, Partner Issues, Partner Profits
Buying In: Partner Paydays (Part 2)
Additional thoughts from the Anonymous Partner on partner compensation at large law firms. -
Biglaw, Money, Partner Issues, Partner Profits
Buying In: Partner Paydays (Part 1)
Wherein our Anonymous Partner further explicates the growing partner compensation spread at nearly all Biglaw shops. -
Biglaw, Money, Partner Issues, Partner Profits
New Data on Law Firm Partner Compensation
How much are law firm partners earning these days? And are they happy about it? A new survey has some answers.
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
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Are Small Firms Going Big On Legal Tech?
Please help us benchmark your firm against your peers through this (always) brief and anonymous survey and enter for a chance to win a $250…
Sponsored
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
Findings from the "Future of Professionals Report," based on a survey of 1,200 professionals from North and South America and the UK.
Sponsored
Sponsored
Document Automation For Law Firms: The Definitive Guide
Legal document automation is no longer only for the exclusive few.
Sponsored
Profit Powerhouse: Elevating Law Firm Financial Performance
In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
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Associate Salaries, Biglaw, General Counsel, In-House Counsel, Money, Partner Issues, Partner Profits
Inside Straight: Kvetching About Comp
Do lawyers at your corporation complain about their compensation compared to the compensation of their peers within the company? Or are law firm partnerships uniquely vicious in that regard? If so, why? -
Associate Bonus Watch 2011, Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Associate Bonus Watch: Paul Hastings
In terms of firm finances, Paul Hastings had a perfectly decent 2011. Revenue and profits were fairly stable; on the bright side, revenue per lawyer surpassed the $1 million mark for the first time. So how are those revenue-generating worker bees being compensated? Bonuses are out at Paul Hastings. How are PH associates reacting? -
Associate Bonus Watch 2011, Associate Salaries, Biglaw, Bonuses, Killing Lockstep, Money, Partner Issues
Associate Bonus Watch: Baker Botts Bounty
Baker Botts bonuses are out. How are they looking? -
Associate Bonus Watch 2011, Biglaw, Bonuses, Money
Associate Bonus Watch: Orrick's Merit-Based Matrix Continues to Be the Most Transparent
The firm of Orrick, Herrington & Sutcliffe has been a leader in instituting a merit-based compensation system. Two aspects of their system make Orrick’s commitment to merit-based seem genuine: 1. Partners put in significant time so that merit evaluations are more than just hours cut-offs. 2. Orrick is transparent about how many people get paid. […] -
Associate Bonus Watch 2011, Associate Salaries, Biglaw, Bonuses, Money, Silicon Valley
Associate Bonus Watch: Wilson Sonsini Announces Bonuses and Base Salary Scale
Yesterday, everyone was talking tech, thanks to Facebook's upcoming IPO. In light of how Silicon Valley is dominating the news cycle, it seems fitting to discuss the recent bonus and salary news from Wilson Sonsini -- one of SV's top firms, and counsel over the years to many startup companies turned tech giants. So what kind of bonuses did WSGR just announce? Let's find out.... -
Associate Salaries, Biglaw, Career Center, Job Survey, Killing Lockstep, Money, Shameless Plugs, This Is an Ad
Career Center Survey Results: Comparing Compensation Systems
Back in 2009, when killing lockstep was all the rage, a number of large law firms announced that they would be moving to some form of a merit-based compensation system. Now that we’re a few years into those systems, how many firms have stuck with the plan? And which systems do associates prefer? Of the […] -
Biglaw, Conferences / Symposia, Fenwick & West, Howrey LLP, Killing Lockstep, NALP, National Association for Law Placement (NALP)
NALP 2011: Performance-Based Compensation Systems
The official title of the NALP conference panel that I attended on merit-based compensation contained a playful shout-out to Sarah Palin: “How Is That Performance-Based Compensation System Working for Ya?” The panel was originally supposed to have featured a representative of the now-defunct Howrey law firm. So the snarky answer to the question presented might […]