Orrick, Herrington & Sutcliffe dumped lockstep associate promotion on Wednesday and began assigning associates to one of three tiers within its partner track: associate, managing associate or senior associate. Orrick will also create a nonpartner-track option for associates, and boost the number of staff attorneys doing more routine work like document review. Orrick Chairman Ralph Baxter Jr. said the moves are meant to create a system in which clients aren't paying for unnecessary costs.
Font Size: 
Orrick Breaks Lockstep in Response to Clients' Cost Concerns
The Recorder
July 2, 2009
This content may be available on recorder. If the article you are looking for is older than six months, it will be available on LexisNexis.com.
