lockstep compensation

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…

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

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

Hello everyone! Thanks to a minor electrical problem this isn't so much a morning roundup as an early afternoon one.…

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

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

Sidley Austin had an all associates meeting in Washington DC today. Details, or rumors at least, are beginning to trickle…

Just a few weeks after announcing it was moving away from lockstep compensation and doing away with associate classes, Reed…

Citing client concerns with billing practices, Reed Smith announced a new compensation plan today. The new plan, which the company…

Squire Sanders has joined the march away from lockstep compensation, and will implement a merit based pay system starting next…

How do you pass a performance review when you have no idea what the standards are? This is the question…