Law firms have generally moved away from lock-step compensation systems in recent years due to the ultra-competitive job market. Despite the pressure, some midsized firms are holding onto the system ...

Clifford Chance (CC) has broken its core lockstep in London and New York to use the 'super-point' tier reserved to reward star performers, with the news emerging as the firm considers placing some of ...

Soft landing the U.S. economy is like an economic nirvana: inflation is low and the job market is strong. But soft landings don’t happen often. WSJ’s Nick Timiraos explains why and how the Federal ...