Choose-Your-Billable-Hours Model May Be Future of Associate Pay

Big Law associates often feel they have little control over their pay or their time. But Steptoe & Johnson's new compensation model will allow associates to choose a 1800-, 2000-, or 2200-billable-hour track with a corresponding pay scale. On this episode of On the Merits, Kate Reder Sheikh, partner at Major, Lindsey & Africa, shares how a tiered compensation plan could benefit both associates and law firms—and what the risks are. She also gives the latest industry updates on return-to-office issues and lateral moves for 2025. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.