Legal Week
October 30, 2002 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Shoosmiths is moving sharply away from its lockstep partnership as part of a review designed to bring in substantial performance-related pay at the regional firm.
Under the old system the firm earmarked around 5% of overall profits to a bonus pool. A basic salary was allotted, and the remaining profit was divided according to lockstep points.
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