-Insert cookie cutter story here- Debevoise & Plimpton announced bonuses today. Second verse, same as the first… I’m rapidly running out of new and creative ways to say this, so…
Seyfarth Shaw has told half of its deferred associates that they will not be starting in January as planned. Instead, they are being redeferred to October 2010, and will receive…
Just a few weeks after announcing it was moving away from lockstep compensation and doing away with associate classes, Reed Smith is cutting associate salaries by 20% for all incoming…
Incoming associates at Kaye Scholer will all start in January, right on (deferred) schedule. The only thing is, half of them will be paid $100,000 less per year than their…
On Monday we reported that Alston Bird was deferring its deferrals again, indefinitely. Arent Fox has taken a different approach. Rather than indefinitely extend deferrals, the firm has chosen to…
Blawgs are reporting that Fulbright & Jaworski has laid off six associates and four staff at its Los Angeles office. Five of the associates targeted were first-years. If you have…
Howrey, which laid off 25 staff in April, is adopting an “apprenticeship” program for its incoming associates, similar to that proposed by Drinker Biddle in May. Under Howrey’s Tier 1…
Gardere Wynne Sewell, which laid off an undisclosed number of attorneys and staff in March, has cut salaries for incoming new associates from $160,000 to $145,000. Second years will have…
Crowell & Moring has told as many as 20 lawyers across the firm that their salaries will be reduced in light of reduced hours. First year associates were not affected.…
Yesterday Hogan & Hartson laid off 93 US support staff. Today we learn more about changes in compensation for associates who joined the firm in Fall 2008. Hogan offers two…
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