Boston’s Mintz Levin, which just laid off an undisclosed number of attorneys and staff, has cut associate salaries. The salary reductions are based on hours billed over the last 12…
Perkins Coie, which in April cut 12 attorneys and 26 staff, has announced minor salary cuts for associates. The cuts will average a mere 3.8%, and go into effect September…
Atlanta’s Troutman Sanders has announced to its associates a 10% cut in total associate payroll budgeted for August to December of this year. The salary cuts for each associate will…
Florida’s Akerman Senterfitt has announced a 10% cut in all associate salaries for all years, effective today. The firm blames “market conditions.” Akerman is also abandoning its current bonuses scheme,…
Weil Gotshal, which in May laid off 79 staff and in June announced the closure of its Austin, Texas office, is cutting the salaries of new associates at its London…
Blank Rome is cutting starting salaries for incoming associates. The rundown is as follows: New York City: $145,000, down from $160,000 Philadelphia & Princeton: $130,000, from $145,000 Wilmington & Washington…
Today Atlanta’s Alston & Bird informed its associates that the firm is reducing all associate salaries by $5,000. At this time, the firm expects to reverse the salary cut at…
Schnader, which held layoffs in April, has cut associate salaries by $10,000; and partners have agreed to a 5% reduction in compensation. Staff who make more than $60,000 a year…
Buchanan Ingersoll & Rooney, which in April deferred start dates for first-year associates to February 2010, will cut all associate salaries between 5% and 10%. It is unclear if the…
Bryan Cave has announced it is cutting associate salaries 10% across the board. No one’s salary will be reduced below the newly-established entry-level rates: $145,000 in Chicago, Irvine, New York,…
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