Addleshaw Goddard plans to widen the gap between the top and bottom of the equity through partner bonuses and more flexible use of its existing lockstep structure to hit its recently announced target of getting star performers up to £1m a year by 2019.
Managing partner John Joyce confirmed that the goal, set as part of a new five year strategy, will be met by widening the equity spread to better reward top performers, rather than by focusing on significantly raising average profit per equity partner (PEP).
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
