Winston & Strawn Moves Away From Lockstep

Law360, New York (February 22, 2010, 4:49 PM EST) -- Winston & Strawn LLP has released its 2010 associate compensation model and will reportedly pay first-year associates up to $160,000 and hand its most senior associates up to $280,000.

Legal blog Above the Law obtained an internal memo from the firm on Friday that revealed each associate class’ maximum pay, instead of a standard graduation year-based rate, in yet another firm's shift from the lockstep model of compensation.

The firm told associates that their pay would be “determined on a case-by-case basis based on seniority, performance...
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