Paying Law Associates What They're Worth - Now there's an idea

One of the things about law jobs these days is the need for firms that have any sort of appreciation of what their lawyers are actually doing to innovate and develop new pay scales and packages. In London, where there is intense competition among firms for legal talent, the boutique firm iLaw actually splits fees between itself and its associates. Is it working? So far. It's empowering associates in the same way partners are empowererd through their equity sharing deals. We'll keep an eye on iLaw.