Partner William Brewer recently wrote an op-ed about legal industry compensation practices published by Law360. Titled “BigLaw’s Associate Salary Model is a Relic of a Bygone Era,” the commentary states that the traditional model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve.
“The BigLaw formula is broken – a relic of the out-of-touch apprenticeship model of a bygone era,” writes Brewer. “The reality is there should be a direct correlation between base compensation earned and the value an attorney provides to a firm and its clients.”
The article provides insights into the meritocracy system adopted by Brewer, Attorneys & Counselors – a model that rewards employees based on the value of their contributions. The article also discusses the firm’s multi-disciplinary practice, which employs professionals with backgrounds in business, investigations, computer science, and public relations.