Drinker Biddle will allow its 36 incoming associates to start on time in September; but their salaries will be reduced, and they will enter a training program rather than jumping right in. From a memo so long, we wondered if he catches the whale at the end: Many of our lawyers have asked us whether we intend [...]
Continue reading...Saturday, March 14, 2009
Ashurst has slashed pay for its incoming class, and is freezing salaries for all non-partner lawyers and support staff. Trainee solicitors who qualified with Ashurst this month will receive salaries of £60,000 ($83,800), as opposed to the £65,000 ($90,800) last year’s intake received. All other lawyers and support staff will see their pay bands held at [...]
Continue reading...Monday, February 23, 2009
Cleveland’s Thompson Hine will impose an across-the-board $17,500 base salary reduction on associates and other non-partner lawyers. Those lawyers will be able to earn back some or all of that sum as a bonus, if they bill at least 1,750 hours this year. The firm also announced layoffs last week, eliminating the jobs of 12 associates, five [...]
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Monday, May 11, 2009
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