Baker McKenzie offices in Washington, D.C. Photo: Diego M. Radzinschi/ALM
The global legal giant quietly implemented a closed compensation system for its equity partners across its offices in North America last August.
March 12, 2019 at 05:30 AM
1 minute read
The original version of this story was published on Americanlawyer/americanlawyer
Baker McKenzie quietly moved to a black box compensation system for its equity partnership in North America at the end of last summer, Legal Week sister title The American Lawyer has learned.
The leadership of the 4,719-lawyer firm made the change to its equity partner compensation model following the end of its 2018 fiscal year, which ran from July 1, 2017, to June 30 of last year, said multiple sources with knowledge of the firm’s decision.
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