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…
Kaye Scholer is cutting pay for associates who bill under 1,600 hours this year. First- and second-years who aren’t on track to meet 1,600 hours this year will have their…
![Pillsbury Cuts Associate Pay [Update]](http://www.jdjournal.com/wp-content/themes/advanced-newspaper/timthumb.php?src=wp-content%2Fuploads%2F2009%2F01%2Fpillsbury_160x120.jpg&q=90&w=80&h=66&zc=1 "Pillsbury Cuts Associate Pay [Update]")
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…
Herbert Smith announced today it has begun a redundancy consultation at its London HQ, targeting 84 positions. The redundancies target 24 fee earners and professional support lawyers in the corporate…
Wolf Block is cutting associate pay by 10%, which will go into effect at once. Other firms have frozen salaries for 2009, but Wolf Block appears to be the first…
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