Clifford Chance (CC) is to abandon its current bonus system of using billable hours targets as the key benchmark for associate bonuses. CC previously determined associate bonus payouts based on performance, but only if individuals had first reached a target number of hours billed.
April 12, 2010 at 05:37 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) is to abandon its current bonus system of using billable hours targets as the key benchmark for associate bonuses.
CC previously determined associate bonus payouts based on performance, but only if individuals had first reached a target number of hours billed.
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