A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
The changes follow the news that the firm is to trim its partner numbers and withdraw from certain areas, as elite law firms seek ways to better reward top performers.
October 17, 2024 at 10:47 AM
3 minute read
Law Firm ProfitabilityA&O Shearman has put in place a three-level modified lockstep partner remuneration system, which follows the firm's adoption of an all-equity partnership structure, according to sources close to the firm.
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