lockstep

lockstep
 n.— «The root of the problem may lie in the top law firms’ oddly egalitarian tradition of paying the same amount to associates at the same level. Many refer to it internally as “lockstep.” At some firms, that applies to partners, too, though that is becoming increasingly rare.» —“Lawyers Compete, Except in Bonuses” by Andrew Ross Sorkin New York Times Dec. 2, 2007. (source: Double-Tongued Dictionary)

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Further reading

Punny Names From 1916

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