Sources on the blawgosphere report that Seattle’s Davis Wright Tremaine has cut associate salaries by 5%. The cut affects all class years. Davis Wright is also pushing back start dates…
Greenberg Traurig is cutting the salaries of its summer and first year associates by 10%. First year associate start dates may be delayed. Associates will start between September and January,…
Chicago’s Chapman and Cutler is taking steps to reduce costs, including laying off an undisclosed number of “underperforming” lawyers, and possibly cutting salaries. The firm has canceled its traditional May…
Yesterday Hogan & Hartson laid off 93 US support staff. Today we learn more about changes in compensation for associates who joined the firm in Fall 2008. Hogan offers two…
DLA Piper has informed its US partners that it will reduce their pay by 11.5% in 2009. “Strong performers” will see higher pay rates. The firm has already cut 80…
Dewey & LeBoeuf announced that 66 partners of its 350 partners have seen pay cuts in the last 15 months. Some partners have seen their compensation reduced by as much…
Norton Rose may implement flexible hours scheme to help avoid job cuts. For one year, Norton Rose employees (including partners) would choose between a four-day week, a paid sabbatical of…
McGuireWoods chairman Richard Cullen left a voicemail to his attorneys yesterday evening, announcing that first year salaries will be cut 10%, from $160,000 to $144,000. Salaries for all other associates…
Chicago’s Much Shelist Denenberg Ament & Rubenstein, a business-law firm with about 80 attorneys, will impose a 10% pay cut for partners and associates until May 31, the end of…
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…
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