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Merit-Based Compensation for Associates

Law firm compensation looks a lot like a game of Simon Says. Simon (or Cravath ) Says pay all first years x. Simon Says pay all first years y. Pay first years based on their performance. Tsk, tsk . . . I didn't say "Simon Says." Most of...

Published Fri, May 13 2011 11:49 AM by Mary Kate Sheridan

Filed under: associate promotion, merit-based compensation, lock step program
The SMART Way for Associates to Grow a Career

Associate development requires planning, developing overall goals and specific strategies that are preparation for the partnership. The issue is not more billable hours by associates, it's what kind of billable work and what it contributes to the...

Published Mon, Jan 3 2011 8:33 PM by Ed Poll

Filed under: associate promotion, associate career path, associates