Linklaters is considering adding a third gate to its lockstep that would enable it to better reward younger top performers at the United Kingdom-based law firm and keep its compensation system competitive with its American counterparts.
Linklaters’ consideration comes at a time when elite U.K.-founded firms look at ways to keep their remuneration models attractive to high grossing partners at risk of departing for lucrative roles at U.S. law firms. Notably, Paul Weiss Rifkind Wharton & Garrison has been hiring aggressively from Linklaters in London.
