Winston-Salem, NC’s Womble Carlyle Sandridge & Rice has decided to freeze salary increases for all attorneys through the first half of 2009.
As we approach the midpoint of the year, we will review the situation and decide whether to provide any increases for the balance of the year. The only exceptions are those attorneys who become salaried members or of counsel on January 1, 2009.
… We intend to make every effort to avoid job cuts, and the 2009 budget does not contemplate such cuts.
Womble Carlyle, established in 1876, is one of the largest business law firms in the mid-Atlantic and Southeast regions of the United States.
Another large firm, Chicago’s McDermott Will & Emery, just announced that its salaries will be frozen until March.
Posted by Erik Even
on December 12, 2008. Filed under Law Firm News,Legal News.
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