‘Tis the season … for Big Law partner compensation reviews. And law firm leaders and analysts say firms are trying harder than ever to recalibrate traditional revenue metrics beyond billable hours to emphasize collaboration and more subjective criteria. Even office attendance is being considered.

The compensation review process, which typically occurs at year-end, hasn’t changed too much, even with growing economic uncertainty, those same sources say. It varies from firm to firm, but broadly involves comp or executive committees with access to financial numbers who also take input from partners or practice leaders, and ultimately vote on how profits should be disbursed.

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