Winston & Strawn has recently sent a memo to its attorneys entailing two pieces of news. One is that it would appear that raises will be given sometime in the near future. The other is the fact that the amounts of the raises are still a mystery (in the minds of the associates). Winston & Strawn has just killed off the firm’s lockstep salary system. The memo explains that each associate will be capable of earning up to the maximum amount in the compensation level given to them.

Source:  www.abovethelaw.com