Morgan Lewis has announced a series of steps designed to save cash, including the complete cancellation of its 2010 Summer Associate Program.
The firm will do no on-campus interviewing this Fall; and current summer associates are seeing their start dates pushed back to 2011.
The firm also intends to end lock-step compensation in 2010, switching to a merit-based system.
Morgan, Lewis & Bockius LLP is a law firm that was founded as Morgan & Lewis in Philadelphia in 1873. It has 1,400 lawyers in 22 offices worldwide.
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[...] Spahr has followed the example made by Morgan Lewis last week, and canceled its 2010 Summer [...]
[...] are going out to summer associates in other offices. This comes on the heels of the decision to cancel the summer program altogether for 2010. [...]
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