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Legal Commentary

: In Search of Perfect Client Service

Another Firm Scraps Merit-Based Advancement

By Patrick J. Lamb

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Does anyone else get a feeling of deja vu all over again?  Law.com is reporting (sub. req.) that Morgan Lewis is scrapping the idea of merit based advancement for associates, and will return to paying "market" levels of compensation to associates.  I mean, wasn't this what clients were complaining about in early 2008?

Seriously, there is only one way a client hears this kind of news: "the firm wants me to continue to pay more and more for each year an associate has been working since graduation, regardless of the skill, competency or value they bring to the matter."  And they they wonder why firms resist so mightily the idea of linking compensation to performance the way it is in, oh, say, the rest of the world.

Full post as published by In Search of Perfect Client Service on November 08, 2010 (boomark / email).

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