Mishcon de Reya has finalised a new bonus scheme in an initiative that will in theory see all staff eligible for uncapped merit-based awards. The innovative scheme, which was drawn up with Deloitte, will see all staff excluding full equity partners in line for a bonus. The underlying bonus pool will be drawn from profits with 50% of profits above the firm's annual budgetary targets going into the pool.
March 14, 2007 at 11:24 PM
1 minute read
The original version of this story was published on Legalweek
Mishcon de Reya has finalised a new bonus scheme in an initiative that will in theory see all staff eligible for uncapped merit-based awards.
The innovative scheme, which was drawn up with Deloitte, will see all staff excluding full equity partners in line for a bonus. The underlying bonus pool will be drawn from profits with 50% of profits above the firm’s annual budgetary targets going into the pool.
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