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All partners at Links (and other magic circle firms) are equity partners, including Rahul.
Yes, confirmed (Rahul was an important hire for Linklaters). You normally need a book (across origination and execution) of at least $3m in a firm like Linklaters.
lockstep is when your compensation is tied to your seniority level. the opposite of lockstep is eat what you kill - a model that firms like kirkland follow - eat what you kill me you get paid with respect to the kind of business you bring
Not OP, but can someone explain here what the lockstep model means essentially?