Travers overhauls associate lockstep to reward top performers
Travers Smith is introducing merit-based pay for its more senior associates, as well as one-off payments for those with "disruptive" work patterns, following a review of associate remuneration at the firm. The results of the review, which has taken place over the last 10 months, will see the firm retain its traditional lockstep structure for junior associates, while bringing in increased flexibility for associates with more than six years' post-qualification experience.
Travers Smith is introducing merit-based pay for its more senior associates, as well as one-off payments for those with “disruptive” work patterns, following a review of associate remuneration at the firm.
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