• The Practice of Law
  • Employment Law
  • Labour Law

Definitions of lockstep

  • describes a compensation system (especially in a law firm) where the pay of lawyers and partners is based purely on seniority rather than performance or how much business they personally bring to the firm

    Many law firms changed their pure lockstep structures during the economic crisis.

This is a limited preview — please sign in or subscribe to learn everything we know about the term “lockstep”.

Phrase Bank for lockstep