In the white-shoe days, it was unheard of to move somebody down the compensation ladder, said Matthew Bersani, a founding partner of the Cliff Group.
Are firms still making difficult performance management decisions? Yes, they are. In some firms, you'll still see 20% or so go down. But some of that will be driven by retirements,
With the uptick of law firm performance in recent years, there's been some of what we'd call a peanut buttering of compensation, involving spreading the money,
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