In April, Chadbourne & Parke cut associate salaries and promised that some or all of the money would be returned based on each associates contribution to the firm. Now it…
Atlanta based Sutherland is joining the rush to abandon lockstep compensation and is moving to a merit based system similar to the one other top firms have adopted or are…
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…
Drinker Biddle managed to avoid deferring its incoming associates this year by cutting salaries, as we reported back in May. Apparently that wasn’t enough, as sources are reporting more than…
Do you wake up every morning hoping that today will be the day that your firm will improve attorney development, and strengthen its ability to recruit, retain and develop the…
Allen Matkins is having a rough year. Back at the end of March the firm let some attorneys go. First year associate salaries were cut, along with the salaries of…
Morrison & Foerster is lowering the starting pay of its associates to $145,000 in California, while associates in New York and Asia will continue to receive the same pay. The…
In February we told you about staff layoffs at Nixon Peabody, and in April we reported on salary cuts. Those salary cuts were billed as a way to save associate…
Half of the incoming class of associates at Chadbourne & Parke have been deferred indefinitely. The firm will pay the deferred associates an additional stipend of $60,000. This deferral comes…
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