New York’s Skadden is offering all its associates, about 1,300 worldwide, the extraordinary option of taking one-third of their base pay not to work for a year.
The associates are being encouraged to use that time to work in public service law, but this is not a requirement.
The firm last month laid off an undisclosed number of staff attorneys and 50 support staffers. It has also launched a litigation program for its deferred incoming associates.
Skadden, Arps, Slate, Meagher & Flom LLP, founded in 1948, is a prominent law firm based in New York City. With over 2,000 attorneys, it is one of the largest and highest-grossing law firms in the world. Forbes magazine called Skadden “Wall Street’s most powerful law firm.”
Posted by Erik Even
on April 13, 2009. Filed under Home,Law Firm News,Legal News.
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
 |
||
| Search Thousands of Legal Jobs | ||
|
Job Type: |
||
 |
||
|
Browse Jobs by Location: |
||
|
||
| Keyword Search: | ||
|
||
Recent comments