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Home » Posts tagged with » salary reductions (Page 2)

Schnader Slashes Associate Pay; Partners Agree to Pay Cut

Schnader Slashes Associate Pay; Partners Agree to Pay Cut

Schnader, which held layoffs in April, has cut associate salaries by $10,000; and partners have agreed to a 5% reduction in compensation. Staff who make more than $60,000 a year…

Ruden McClosky Cuts Compensation

Ruden McClosky Cuts Compensation

Florida’s Ruden McClosky, which laid off two lawyers and 18 staff in May, is cutting associate and non-equity partner compensation by 8%. Equity partners are not likely to receive the…

Venable Cuts Compensation for All Lawyers & Staff

Venable Cuts Compensation for All Lawyers & Staff

Baltimore’s Venable is cutting salaries across the board, affecting all lawyers and staff, including partners. Base compensation for our first year associates is being cut from $160,000, formerly the Biglaw…

Buchanan Ingersoll Slashes Associate Salaries

Buchanan Ingersoll Slashes Associate Salaries

Buchanan Ingersoll & Rooney, which in April deferred start dates for first-year associates to February 2010, will cut all associate salaries between 5% and 10%. It is unclear if the…

Snell & Wilmer Decimates Associate Salaries

Snell & Wilmer Decimates Associate Salaries

Phoenix, Arizona’s Snell & Wilmer, which in May laid off between 30 and 40 staff members, has now cut associate salaries by 10% across the board. The pay cuts are…

Schwabe, Williamson & Wyatt to Hold Layoffs, Cut Salaries

Schwabe, Williamson & Wyatt to Hold Layoffs, Cut Salaries

Blawgs are reporting that Portland, Oregon’s Schwabe, Williamson & Wyatt will cut associate salaries and hold layoffs of support staff. The firm is expected to announce associate pay cuts of…

San Francisco City Lawyers Extend 2% Pay Cut

San Francisco City Lawyers Extend 2% Pay Cut

Lawyers for the City of San Francisco have voted to continue a 2% pay cut for another year. The Municipal Attorney’s Association, the union representing the lawyers, approved the continued…

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…

Pillsbury Cuts Associate Pay [Update]

Pillsbury Cuts Associate Pay [Update]

Pillsbury, which offered associates $60,000 to leave the firm, is imposing associate salary reductions based on hours. Salaries are being cut between 10% 5% and 20%, depending on how many…

Bryan Cave Cuts Salaries

Bryan Cave Cuts Salaries

Bryan Cave has announced it is cutting associate salaries 10% across the board. No one’s salary will be reduced below the newly-established entry-level rates: $145,000 in Chicago, Irvine, New York,…

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