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The Legal Book

Guiding you through today's legal questions
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Dec 16, 2009

WilmerHale Freezes Salaries, Breaks Lockstep

WilmerHale is unveiling a new compensation system designed to break away from lockstep, encourage alternative career paths and shift a larger chunk of lawyers’ pay from their base salary to their bonus, according to firm higher-ups. The crux of the change involves dividing nonpartners into several tiers and linking each of those tiers to a set base salary

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