In the last decade, law firms have seen the marketplace demand more for less, and it’s taken its toll. The U.S. has recently witnessed a perplexing phenomenon, where the number of attorneys working, ...

The legal industry is undergoing a significant transformation in partner compensation models, driven by the need for flexibility, alignment with market realities, and evolving employee and client ...

According to a recent survey by the 4As in 2024, Fixed Fee emerged as the most utilized compensation model among those polled. The report, titled Decoding Compensation Models & Implementing the Right ...

It is no secret that over the past decade – accelerated by the pandemic – Am Law 200 firms have been moving away from traditional partner compensation models such as pure lockstep, and shifted their ...