Shearman & Sterling is to ditch associate lockstep for all of its lawyers in the UK, Asia and the Middle East in favour of a merit-based pay system. The new system, which will be effective from 1 May, will see all associates assessed twice a year against a number of criteria including client relationships, legal and technical capabilities and interpersonal skills.
March 18, 2010 at 12:06 PM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling is to ditch associate lockstep for all of its lawyers in the UK, Asia and the Middle East in favour of a merit-based pay system.
The new system, which will be effective from 1 May, will see all associates assessed twice a year against a number of criteria including client relationships, legal and technical capabilities and interpersonal skills.
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