associate salaries

Holland & Knight is the Next to Abandon Lockstep

I think it's time for some new terminology. Lockstep compensation referred in the past to associates moving up in pay…

Stroock is handing out bonuses this year, and like so many before them, they're paying on the Cravath schedule. That…

Like many firms before it, Seyfarth Shaw is abandoning lockstep starting in 2011. Details haven't been released, not even to…

There are two unconnected stories coming out of Sonnenschein today. The first is that the firm has made staff cuts…

WilmerHale is abandoning lockstep compensation and adopting a merit based three tiered system that should look familiar to anyone that's…

McDermott Will & Emery associates were supposed to start work in January, but many are now being deferred again. Details…

DLA Piperhas joined the lockstep march away from lockstep compensation. In a memo today, the firm outlined its new associate…

Orrick presented its new compensation plan to its associates today, and there was much rejoicing. Unlike many firms that cut…

In April, Chadbourne & Parke cut associate salaries and promised that some or all of the money would be returned…

Atlanta based Sutherland is joining the rush to abandon lockstep compensation and is moving to a merit based system similar…

First year associates at Haynes & Boone will be starting after Thanksgiving, but at a reduced rate. The firm emailed…

Seyfarth Shaw has told half of its deferred associates that they will not be starting in January as planned. Instead,…