Rumor: Baker McKenzie Cuts Associate Salaries

Tipsters are informing blawgers that Baker & McKenzie has cut salaries between 10% and 25% for some associates.

We reported two weeks ago that the firm laid off 124 people. They also deferred start dates for trainees.

If you have any details about salary cuts (or anything else) at Baker & McKenzie, please send us a confidential tip. Remember to mention what law firm you’re talking about!

Baker & McKenzie was founded in Chicago in 1949 by Russell Baker and John McKenzie. One of the first law firms to be truly global, it employs more than 3,900 lawyers in more than 70 offices in 38 different countries.

• Ropes & Gray Cuts Up to 40 Associates [Update]
• Greenberg Traurig Decimates New Associate Salaries
• Rumor: Winstead Revoking Offers to New Associates? [Update]
• Tipster: Fish & Richardson Lays Off Corporate Lawyers [Update]
• Tipster: Layoffs at USC Law School

Posted by Erik Even on April 20, 2009. Filed under Home,Law Firm News,Layoffs. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry