Posted in Law Firms

Changing Compensation Strategies Put Partners Under Pressure

Extreme competition is the sign of the times, today, for law firms = grace periods are much shorter than in the past = partners are gaining more importance into bringing client and must also perform even better than in the past = remuneration for the top partners may be detrimental to the lower levels = one single weak year can destabilise a law firm very much = younger partners and associates may leave more quickly than ever.

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Junior Legal Counsel with a remarkable lust for legal and business knowledge

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