[vqc]

Are you sure this is true?

It seems -to-edit many more than one or two of this hundred https://www.vault.com/best-companies-to-work-for/law/top-100... are still paying lockstep.

Cravath still lists lockstep raises for years 1-7. Skadden years 1-8. Latham 1-9. Davis Polk 1-6. Etc. Are the firms reporting one thing but actually doing something else?

[gamblor956]

With respect to the BigLaw firms cited, yes, since Cravath is the only one that is actually doing lockstep.

They rest don't do lockstep anymore. On paper they start with lockstep, but actual raises are based on performance, location, legal group, etc. I have enough friends at Skadden and Latham in different offices to confirm that.

[vqc]

I've never heard of anyone who hit their billable minimums (e.g. 1900, 2k, etc) not get bumped to the next year. Although I guess there's a bit of a dance that happens years 5/7-9 for people who think they have a shot at partner.