The much awaited merger between Reed Smith LLP, a global law firm with over 1,600 lawyers, and Thompson & Knight LLP, a US-based firm with around 350 lawyers, was called…
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…
Reed Smith is decimating associate salaries, cutting pay 10% across the organization. From the memo: …Reed Smith has adopted many changes to our business in response to global economic conditions……
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