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Home » Posts tagged with » lock-step compensation

Morgan Lewis Cancels 2010 Summer Associate Program

Morgan Lewis Cancels 2010 Summer Associate Program

Morgan Lewis has announced a series of steps designed to save cash, including the complete cancellation of its 2010 Summer Associate Program. The firm will do no on-campus interviewing this…

Orrick Abandons Lock-step Compensation for Associates

Orrick Abandons Lock-step Compensation for Associates

San Francisco’s Orrick, which laid off 300 employees in March, is abandoning lock-step compensation for associates. Under a lock-step scheme, associate salaries are determined entirely by how long the associate…

DLA Piper Defers its Deferred Associates

DLA Piper Defers its Deferred Associates

DLA Piper is making major changes to its associate program, including further deferrals of associates who were deferred back in April. Eighty-five new lawyers were deferred to January, 2010. Now…

Frost Brown Todd Cuts Incoming Associate Salaries

Frost Brown Todd Cuts Incoming Associate Salaries

Incoming associates at Cincinnati’s Frost Brown Todd will get a lower salary, although specific numbers have not been released. In addition, the new associates will spend their first 1,000 hours…

Fish & Richardson Will NOT Cut Associate Pay

Fish & Richardson Will NOT Cut Associate Pay

Contrary to early online reports, global intellectual property firm Fish & Richardson has not announced pay cuts. In fact, at a firmwide video conference earlier today, president Peter Devlin said…