India's top law firms are shifting from an individualistic 'eat-what-you-kill' compensation model towards institutional structures. This change aims to create firms that endure beyond current partners, moving from a collection of independent practices to integrated institutions. The traditional model, where partners are paid based on personal revenue generation, fosters individual client relationships and independence, but can limit collaboration and institutional growth. Firms are exploring models like modified lockstep to encourage broader institutional development and talent retention.