Soaring Salaries Force Tough Decisions by Big Law Leaders (1)

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at the management headache associated with tweaking compensation policies. Sign up to receive this column in your Inbox on Thursday mornings.

Big Law leaders face one of their toughest tests in making a case for changing compensation policies in response to a flurry of high-profile partner moves and rivals’ pay packages that can soar as high as $20 million.

Leaders selling their partners on big changes are embracing a management challenge that can roil partnerships or, if done successfully, unleash a firm’s financial power ...