WilmerHale Ditches Lockstep
WilmerHale is abandoning lockstep compensation and adopting a merit based three tiered system that should look familiar to anyone that's…
lockstep compensation
DLA Piper Abandons Lockstep
DLA Piperhas joined the lockstep march away from lockstep compensation. In a memo today, the firm outlined its new associate…
Friday Roundup
Hello everyone! Thanks to a minor electrical problem this isn't so much a morning roundup as an early afternoon one.…
Orrick Moves Away From Lockstep
Orrick presented its new compensation plan to its associates today, and there was much rejoicing. Unlike many firms that cut…
Sutherland Ditches Lockstep
Atlanta based Sutherland is joining the rush to abandon lockstep compensation and is moving to a merit based system similar…
All Associates Meeting at Sidley Austin
Sidley Austin had an all associates meeting in Washington DC today. Details, or rumors at least, are beginning to trickle…
Reed Smith Cuts Salaries
Just a few weeks after announcing it was moving away from lockstep compensation and doing away with associate classes, Reed…
Reed Smith Joins the Move Away from Lockstep
Citing client concerns with billing practices, Reed Smith announced a new compensation plan today. The new plan, which the company…
Squire Sanders Moving from Lockstep
Squire Sanders has joined the march away from lockstep compensation, and will implement a merit based pay system starting next…
Fingers Crossed at Fulbright
How do you pass a performance review when you have no idea what the standards are? This is the question…