as the battle for top legal talent becomes increasingly competitive.
While reported average compensation of white, Asian Pacific, and Hispanic partners all rose in the past decade, that of Black partners actually fell from $565,000 in 2010 to $539,000 in 2018 — a 4.5% decrease. By comparison, average compensation for white partners in 2018 was $864,000. "What hamstrings them now is that they're not quite sure how to fix it," Lowe said. "Continuing to make sure that everyone's given a seat at the table is really important."
Average compensation for male partners in 2018 clocked in at $959,000, whereas that for female partners was just $627,000. Equity partners, who own a share of the firm, reported 67% higher average pay than non-equity partners, and their compensation is growing nearly four times faster than that of their non-equity counterparts.Davis Polk just abandoned its strict lockstep pay model. 4 recruiters lay out why competitors will have to follow to retain rainmaking lawyers.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Inside the real reasons behind Mike Corbat's early retirement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said the same about MLK,slavery,segregation,share cropping ,under paid blacks ,systemic racism but praise white nationalists terrorists who walks the streets with guns.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Inside the life of an Uber driver in NYC during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
What's driving the rise in buy now, pay later financing in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🚀Some details about Chandrayaan-3 🌕- 1) It is a planned third Lunar Exploration mission by ISRO. 2)Where India plans for another moon mission after chandrayaan-2 failure. 3) Chandrayaan-3 will be the mission repeat after chandrayaan-2. moon ISRO Chandrayaan3 Mondayvibez Earn $3,000 working from home without sending money to anyone through forex trading Type INFO or INBOX ME
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
LIVE: Experts join 'Closing the racial wealth gap' panel - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Tech companies will now cut pay for workers fleeing Silicon Valley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. We should be getting pay rises not cuts, as they don't need to provide offices. Lower cost of living, Nashville vs San Francisco. Makes sense in a market economy (for now) 😎 ...companies who don't do this will attract the best talent.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »