Changing Compensation Strategies Put Partners Under Pressure
By The American Lawyer, February 27, 2017
Law firm partners have never been able to make as much money as they can now. The highest profits per partner on our Am Law 100 rankings in 2015 came in at $6.6 million at Wachtell, Lipton, Rosen & Katz, while the rainmakers and leaders at a select few firms can make at least twice that. But being paid more at the top can mean less for those below, stretching the definition of “partner.”