Allen & Overy (A&O) has become the latest leading City firm to review its partner remuneration structure, while Clifford Chance (CC) has confirmed that it has no plans to alter its existing lockstep model. A&O currently operates a modified lockstep with a 15-year equity ladder from bottom to top, with the firm understood to be considering changes to the length of the ladder.
September 07, 2011 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Third ‘big four’ City firm reviews lockstep but CC rules out changes
Allen & Overy (A&O) has become the latest leading City firm to review its partner remuneration structure, while Clifford Chance (CC) has confirmed that it has no plans to alter its existing lockstep model.
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