Blawgs are reporting that Foley & Lardner has cut pay 10% for all associates in all offices. The firm is refusing to confirm or deny the rumor. If you know anything about pay cuts at Foley & Lardner, please — send us a confidential tip! Foley & Lardner has been hiring new lawyers this year — three [...]
Continue reading...Friday, July 10, 2009
San Francisco, California’s Howard Rice cut all associate salaries by 10% last month. Incoming associate salaries were cut from $160,000 to $145,000. Fourth-years now make $170,000, and seventh-years make $225,000. The firm says it is just bringing its salaries into line with competitors like Morrison & Foerster, DLA Piper and O’Melveny & Myers. Howard Rice froze its billing [...]
Continue reading...Friday, June 12, 2009
Pillsbury, which offered associates $60,000 to leave the firm, is imposing associate salary reductions based on hours. Salaries are being cut between 10% 5% and 20%, depending on how many hours the associate has worked this year (January through May). Those who worked the highest number of hours may not see a salary cut. Pillsbury Winthrop Shaw Pittman [...]
Continue reading...
Monday, July 20, 2009
0 Comments