Florida’s Holland & Knight is cutting salaries for associates and senior counsel. The firm says the cuts average 7% across all those effected; 10% for associates.
This salary reductions are effective immediately.
Holland & Knight is reviewing its associate compensation scheme, and intends to implement changes next year.
Holland & Knight cut 70 lawyers and 173 support staff positions in February.
Holland & Knight is a law firm with more than 1,150 lawyers in 23 US offices. Foreign offices include Beijing, China, and Mexico City, Mexico, with representative offices in Caracas, Venezuela, and Tel Aviv, Israel.
Posted by Erik Even
on July 29, 2009. Filed under Home,Law Firm News,Legal News.
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