Good morning everyone! Today is Monday, March 1, and here’s a quick look back at Friday’s news… Profits and revenue decline at Debevoise & Plimpton… Ogletree Deakins open a new…
Seyfarth Shaw has released more details about its move to a merit-based associate compensation plan. This plan will be phased in over several months in 2010 and place associates in…
Good morning! Today is Wednesday, January 20, and here’s a look back at Tuesday’s news. Jones Walker picks up a former US Attorney… Gibson Dunn has launched an E-Discovery practice……
Drinker Biddle is moving to a merit based pay system, becoming the latest in a string of major law firms to abandon lockstep compensation. Under the new plan associates in…
The lockstep march away from lockstep compensation continues unabated as 2010 gets into full swing. The latest firm to join the thundering herd is Dickstein Shapiro, which will initiate a…
McDermott Will & Emery is moving to a merit based compensation system beginning in 2011. Like several other merit based plans we’ve detailed on these pages, this is a three…
I think it’s time for some new terminology. Lockstep compensation referred in the past to associates moving up in pay scale in “lockstep” with their contemporaries. All associates from the…
Like many firms before it, Seyfarth Shaw is abandoning lockstep starting in 2011. Details haven’t been released, not even to the associates who must now spend next year trying to…
WilmerHale is abandoning lockstep compensation and adopting a merit based three tiered system that should look familiar to anyone that’s read these pages over the past few months. The new…
Atlanta based Sutherland is joining the rush to abandon lockstep compensation and is moving to a merit based system similar to the one other top firms have adopted or are…
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