The Influence of Compensation Systems on Business Models – And Vice Versa - McDermott Will & Emery

The Influence of Compensation Systems on Business Models – And Vice Versa

Overview


Jacques Buhart, speaking as head of the Firm’s Paris and Brussels offices, expressed the belief that a pure lockstep compensation model “is no longer suitable for law firms because the markets are all different, which means the billing rate and compensation of the lawyers serving them are not comparable.”