Morrison & Foerster has frozen associate salaries, and revised its associate discretionary bonuses to as low as $6,000 for 2008. All 2008 bonuses will be paid on February 27th, but…
London’s Freshfields Bruckhaus Deringer informed staff yesterday that salaries for associates will be held at 2008 levels. The pay freeze means associates will not progress through to the next pay…
Above the Law reported two weekends back the rumor that Biglaw colossus Mayer Brown would freeze salaries for 2009. Now it’s official. As most of you know, we have instituted…
Washington DC law firm and lobbying group Arent Fox will freeze associate base compensation at the current 2008 rates for 2009. The firm will also place a 150-hour cap on…
Alston & Bird is the latest firm to freeze associate salaries at 2008 levels. The Atlanta firm has informed associates that raises planned for 2009 have been cancelled. Throughout 2008,…
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