Blawgs are reporting that Portland, Oregon’s Schwabe, Williamson & Wyatt will cut associate salaries and hold layoffs of support staff.
The firm is expected to announce associate pay cuts of between 5% and 10%. First years already only make $110,000.
The number of staff to be cut is as yet unknown.
Schwabe, Williamson & Wyatt is a law firm with over 160 attorneys in seven cities. The firm currently has offices in Portland, Bend and Salem, Oregon; Seattle, Vancouver and Stevenson, Washington; and Washington, DC. It is the seventh largest law firm in the Pacific Northwest, and the second largest in Oregon.
Posted by Erik Even
on June 16, 2009. Filed under Home,Law Firm News,Layoffs,Legal News.
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