
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.
This leader in merit- or performance-based compensation is moving back in the direction of a lockstep system, it seems.
So what adjustments did the firm make to its base salary scale?
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Associates at two top law firms freak out over fears of not getting their annual pay raises.
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 […]
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 […]