Luce, Forward, Hamilton & Scripps has ditched lockstep pay for associates in favor a 14-level compensation system based on practice area and hours worked. Under the system, first-year associates can earn from $145,000 for 1,950 hours to $165,000 for 2,100 hours, the Recorder reports. The flexibility means that a third-year…
Jan 14, 2008 11:35 AM CST