Ed. note: Welcome to our daily feature, Trivia Question of the Day!
Allen & Overy and Shearman & Sterling recently announced their plans to merge. What will the combined firm’s compensation system for partners look like?
Hint: While Shearman partners reportedly earn on an “eat-what-you-kill” model, A&O operates on a modified lockstep system that the firm adopted just a few years ago.
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.