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Firms warned against ditching associate lockstep

Anonymous | 16-Nov-2009 5:41 pm - do you live in the 1970's? The professional is already two tiered and smaller firms are dwindling, whereas the proactive firms are alligning / have alligned themselves as global businesses rather than big law offices. Meritocracy means that people that do well are rewarded and those that don't are not. If the ones who do not progress decide to leave then I doubt too many are concerned as long as the pool of hungey talent is standing by to learn and progress. Typically those firms with a meritocracy will invest heavily in training. Meritocracy doesn't suit firms with poor management...and those with a pure lockstepped partnership where time in the seat seems to be rewarded more than ability....and profitability.

17-Nov-2009

8:49 am