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.

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