All posts tagged "abandoning lockstep"

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  Merit Based Pay at Drinker Biddle

  Drinker Biddle is moving to a merit based pay system, becoming the latest in a string of major law firms to abandon...

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  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 scale in...

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  Kelley Drye Trifecta – Abandon Lockstep, Freeze Salaries, Pay Bonuses

  In a firm wide email sent out yesterday, Kelley Drye managed to fold what would typically be three different stories into one....

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  Seyfarth Shaw Abandons Lockstep

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

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  Sonnenschein Abandons Lockstep and Cuts Staff

  There are two unconnected stories coming out of Sonnenschein today. The first is that the firm has made staff cuts 14 days...

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  WilmerHale Ditches Lockstep

  WilmerHale is abandoning lockstep compensation and adopting a merit based three tiered system that should look familiar to anyone that’s read these...

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  DLA Piper Abandons Lockstep

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

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  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 base salaries...