How much variability is there in partner compensation from year to year within the same firm?

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Most firms try to make it so that there isn't totally violent variability year to year. There are exceptions, of course; the more eat-what-you-kill the firm tends to be, the less stability (but the more upside) you're going to have.

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Yeah, I think the Dewy & Lebouf debacle should be a caution in becoming too focused on “merit-based” pay

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