Dewey & LeBoeuf is set to defer a portion of its partners' compensation for as long as 10 years, it has emerged, as the US law firm moves to stabilise its business. The firm's newly created five-member executive body is in the process of finalising what is internally referred to as a "financial incentives plan" for partners, that will see a portion of their pay deferred.
April 05, 2012 at 09:33 AM
1 minute read
The original version of this story was published on Legalweek
Dewey & LeBoeuf is set to defer a portion of its partners’ compensation for as long as 10 years, it has emerged, as the US law firm moves to stabilise its business.
The firm’s newly created five-member executive body is in the process of finalising what is internally referred to as a “financial incentives plan” for partners, that will see a portion of their pay deferred.
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