Freshfields could continue to lose its younger talent unless further changes are made, says one rival at a US firm.
The firm had been considering a performance-based acceleration mechanism, allowing junior partners to jump more quickly up the pay ladder.
July 30, 2020 at 05:40 AM
1 minute read
Senior Reporter
Freshfields Bruckhaus Deringer has decided against modifying its lockstep to a model that would have seen high-performing junior partners rise the ranks more quickly.
The firm had adjusted its partner compensation model in 2018 in an effort to retain star talent. But it had returned to the issue the following year in the wake of more partner departures.
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