Pillsbury said Tuesday it has temporarily reduced pay for some associates and counsel based on productivity levels, the latest sign that big firms are questioning traditional compensation models. The cuts were first reported on the blog Above the Law, which pegged them between 10 percent and 20 percent; a firm spokeswoman said the figure was "not entirely correct." Pillsbury's changes are limited to 2009, but some other firms have fully embraced the idea of moving from a lockstep pay scale to one based more on merit.
In Latest Crack in Lockstep Model, Pillsbury Reduces Pay Based on Productivity
June 10, 2009