A&O Shearman introduces new partner compensation structure
Global law firm A&O Shearman has rolled out a new three-tier partner compensation system to consolitade its partner remuneration model.
The move follows A&O Shearman’s shift to an all-equity partnership structure, eliminating salary partners entirely. This decision stands in contrast to Cleary Gottlieb’s recent strategy, which saw the introduction of salary partners to their ranks.
Under the new framework, the firm’s approximately 800 partners will be placed into one of three modified tiers, designated as entry, core, and super. The top tier is reserved for the firm’s star performers – partners who demonstrate exceptional results.
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