Simmons overhauls bonus scheme

Simmons & Simmons is overhauling the non-equity partner bonus scheme it introduced at the beginning of the 2008-09 financial year after not one person was paid under the arrangement, reports Luke McLeod-Roberts of The Lawyer, sister title to Employee Benefits.

The firm has put in place a new package for London-based partners that will assess individual performances over five different areas. It is also linked directly to the office’s performance.

Read the full report and comments on this story on The Lawyer’s website: Simmons dumps bonus scheme after just one year