Wilmer Cutler Pickering Hale and Dorr has unveiled a new pay system designed to break away from lockstep, encourage alternative career paths, and shift a larger chunk of lawyers' pay from their base salary to their bonus, reports The Am Law Daily. The goal is to pay top performers more than they would make under the US top 20 firm's current lockstep system, according to William Lee, the firm's co-managing partner, and Carol Clayton, the firm's assistant managing partner.
December 16, 2009 at 06:58 AM
1 minute read
The original version of this story was published on Legalweek
Wilmer Cutler Pickering Hale and Dorr has unveiled a new pay system designed to break away from lockstep, encourage alternative career paths, and shift a larger chunk of lawyers’ pay from their base salary to their bonus, reports The Am Law Daily.
The goal is to pay top performers more than they would make under the US top 20 firm’s current lockstep system, according to William Lee, the firm’s co-managing partner, and Carol Clayton, the firm’s assistant managing partner.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
