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Asia-Pacific Innovative Lawyers 2017: Business of Law - Managing & Developing Talent

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AwardStandout
Originality7
Rationale9
Impact8
Total innovation score24
CommentMoved more than 80 per cent of the partnership from performance-based compensation to a modified lockstep version by allowing partners to opt in voluntarily. Partners can choose to pool the remuneration they receive to be redistributed according to the new system, which compensates partners based on both seniority and performance. It has transformed the partnership’s culture, and paved the way for closer management of practices and teams.