More large law firms lately are adjusting pay to reward rainmakers and other partners with large books of business. But not all firms are moving in this direction.

Covington & Burling remains one of the few firms in the Am Law 100 that does not have billing or origination credits. Instead of the firm emphasizing such credits—which reward lawyers for revenue from clients or matters they have brought to the firm—Covington compensates partners “based on their overall contributions to the firm,” according to firm chair Doug Gibson.

Douglas Gibson. Courtesy photo.