BLP scraps special deals for one-size-fits-all pay culture By The Lawyer 12 June 2011 00:00 17 December 2015 14:51 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 13 June 2011 at 10:50 Undoubtedly BLP is a success story but word is there are a lot of unhappy junior equity partners there right now. Winners and losers I suppose …? Reply Link Anonymous 13 June 2011 at 11:58 This is just semantics. If BLP unearthed a magic circle partner with a £4m following they’d snap him up like a shot and pay what they needed to do it. This is just a way of keeping line partners happy. Reply Link Anonymous 13 June 2011 at 14:16 Frankly a 56% rise in PEP, especially in the current market, did look a bit too good to be true when it first came out. If, as this article suggests, partners are “stepping out of the equity” then that might help explain such phenomenal results. Reply Link Anonymous 13 June 2011 at 14:19 Sounds a bit mealy mouthed to me. BLP is just a good firm with strong management. If your firm isn’t posting 56% rises then tough. Live with it. Reply Link Push-me-pull-you 13 June 2011 at 15:12 “…partners whose genetic makeup doesn’t fit with the firm’s direction of travel.” We have an early winner of the Mixed Metaphor of the Week. Reply Link Dayglo Dave 13 June 2011 at 17:04 Push-me-pull-you : I knew perfectly well what he/she meant. The departing partners didn’t have sufficient lead in their pencils to cut the mustard. Reply Link Hugey 14 June 2011 at 12:41 But is there enough cream in their coffee to mix metaphors? Reply Link Anonymous 14 June 2011 at 14:54 Nice quote from SSQ. Reply Link Anonymous 16 June 2011 at 23:55 Obviously the partners who have left didn’t quite have the requisite amount of “genetic” BLPenis…unlike the various shades of git and to$$er who seem to be running that place at the moment. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.