Baker Botts Associates Moving From Lockstep to Merit-Based System
Baker Botts associates are learning this week about potential changes to their pay and bonus packages that become effective Jan. 1, 2011, says Maria Boyce, partner-in-charge of the firm's Houston office. The firm is moving associates from lockstep promotions and pay to a merit-based system, she says. She also notes, "No associate is going to have their base pay cut in 2010 as a result of the introduction of this change."
