Sutherland will shift from lockstep associate compensation to a performance-based system in January. The firm's roughly 175 associates will be grouped into three tiers, with advancement and pay increases pegged to their mastery of various skills. "The driving force in the change is to be able to communicate to the client that an associate has a certain level of skills, and that's what you're paying for," said the firm's professional development director. "Now, the person is not a fourth-year just through inertia."
November 23, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Sutherland will shift from lockstep associate compensation to a performance-based system in January.
Sutherland’s roughly 175 associates will be grouped into three tiers — junior, mid-level and senior — with advancement and pay increases pegged to their mastery of various skills. In the lockstep system, associates advance as a class, based on their start dates, and receive the same base salary, plus merit bonuses.
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