Seyfarth Shaw Plans to Link Merit Pay and Billing Rates for Associates
Seyfarth Shaw on Wednesday rolled out more details on how its new merit-based compensation system for associates will work. The new merit levels will be the basis for how much the firm charges clients for associates' legal services, the firm said. The system may be unique in spelling out a link between client billing rates and associate pay, says one consultant. While clients may appreciate knowing what level of service they're paying for, he added that clients may also shy away from hiring the lowest performers.
