Norton Rose equity partners will see their share of the firm’s profits re-based as part of an overhaul of the lockstep and the introduction of a more merit-based remuneration structure. The shift, which was voted through by partners over the summer following a review by the partnership council, will see the firm extend its lockstep at the top and put greater weight on individual performance from the start of the new financial year in May 2012.
September 28, 2011 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Greater weight placed on performance after partner pay review
Norton Rose equity partners will see their share of the firm’s profits re-based as part of an overhaul of the lockstep and the introduction of a more merit-based remuneration structure.
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