Credit: Andrey Popov/Adobe StockTo Ease Partner Pay Tensions, Some Law Firms Are Seeking 'Middle Ground' in Transparency
Firms are taking a variety of approaches to relieve the internal tension that comes from releasing partner pay data.
December 02, 2024 at 11:00 AM
5 minute read
What You Need to Know
- Openness is a key part of many firms' pay systems. But more leaders are considering releasing numbers in bands over precise figures.
- Some firms have considered obscuring a partner's pay numbers for at least the first handful of years they're in the partnership.
As law firms adjust compensation schemes for rainmakers and top laterals, firm leaders are mulling middle-ground approaches to partner pay transparency.
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