Legal News

Orrick Freezes 2009 Associates and Consultant Pay
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Frisco’s Orrick, Herrington & Sutcliffe LLC will freeze associate and consultant salaries in 2009. Associates were notified by the following e-mail, sent to Legal Times by Orrick’s Adi Weisman:

…associates in the U.S. and Europe, and associates, senior consultants and consultants in Asia, will receive the same salary in 2009 as you received in 2008… of counsel salaries will be determined on an individual basis and generally will remain the same as 2008. We will ensure that our 2009 bonus program gives us additional flexibility to reward outstanding performance and remain competitive in the marketplace.

The firm blames the economic meltdown for the decision. As for bonuses:


We will pay full 2008 bonuses according to the terms of the program we announced earlier this year. These bonuses will be paid by the February 15 payroll in the U.S. and on or around that date in Europe and Asia, consistent with regional practices.

Orrick reported gross revenue of $772 million in this year’s Am Law 100, and profits per partner of $1.66 million.

The firm has over 1,100 lawyers worldwide in 21 offices, with more than 200 attorneys in each of its two largest offices in San Francisco and New York. The firm’s day-to-day administrative operations are centralized at a Global Operations Center in Wheeling, West Virginia.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

Latham & Watkins announced pay freezes two weeks ago.

Via The BLT.





Search Now

Junior Land Use Attorney with experience

USA-CA-Westlake Village

Los Angeles office is seeking a junior land use associate with 1-6 years of experience. Candidate mu...

Apply Now


Litigation Attorney


AV-rated, Chicago Loop defense firm of trial lawyers seeks associate attorneys to join our busy liti...

Apply now

Litigation Attorney (5+ years)

USA-FL-Fort Lauderdale

The Fort Lauderdale office of Kaufman Dolowich & Voluck seeks an experienced litigation associate wi...

Apply now

Director of Originations, Litigation Finance Investments


Location is flexible nationwide -- NOT only Dallas. Job Summary Rapidly growing litigatio...

Apply now

Market Research Consulting Analyst for Litigation Projects


Applied Marketing Science, Inc. (AMS) is a market research and consulting firm located in Waltham, M...

Apply now

Most Popular


To Top