A new survey of Australian law firm partners shows plummeting incomes and soaring stress levels. Mahlab Recruitment reports that partner salaries are down by over 5% in Sydney, and 4%…
Perkins Coie, which in April cut 12 attorneys and 26 staff, has announced minor salary cuts for associates. The cuts will average a mere 3.8%, and go into effect September…
Florida’s Holland & Knight is cutting salaries for associates and senior counsel. The firm says the cuts average 7% across all those effected; 10% for associates. This salary reductions are…
Atlanta’s Morris Manning, which recently canceled its 2010 Summer Associate Program, is slashing salaries based on how much work a particular practice group is bringing in. The real estate, commercial…
The University of California has announced a furloughs scheme beginning in September, affecting faculty at law schools, amongst others. The system is effectively slashing salaries by 4% to 10%. The…
Manchester, UK’s Halliwells, which in March launched a redundancy consultation targeting 30, is cutting attorneys’ working hours, but not adjusting its billable hours requirements. The firm is putting three quarters…
Addleshaw Goddard, which laid off 19 partners in February and 85 staff in May, has approved new measures to save money on compensation. Some attorneys will work a four-day week…
San Francisco, California’s Howard Rice cut all associate salaries by 10% last month. Incoming associate salaries were cut from $160,000 to $145,000. Fourth-years now make $170,000, and seventh-years make $225,000.…
A survey by the Dublin Solicitors Bar Association reports that 40% of new and low-level solicitors in the city have taken pay cuts averaging 15%; and 40% of incoming new…
Blank Rome is cutting starting salaries for incoming associates. The rundown is as follows: New York City: $145,000, down from $160,000 Philadelphia & Princeton: $130,000, from $145,000 Wilmington & Washington…
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