Home

Much Shelist to Cut Partner, Associate Pay
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

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 the firm’s fiscal year.

“We always believe in taking care of our people,” Chairman David Brown said. “Besides, all of these attorneys have important relationships with our clients. To have a disruption with attorneys is not fair to clients.”

Brown said the firm let go one associate but it was not for economic reasons. Four staff members were laid off to help reduce expenses, he said.

  
What
Where


Lawyers who are not as busy are being encouraged to meet with clients for a few hours a week without charging them. Brown describes the free service in military terms, saying “we are embedding ourselves at various clients.”

Brown estimates that up to 40% of the firm’s business has slowed down. The firm’s leadership decided to move quickly to balance expenses against lower revenue projections.

Founded in 1970, Much Shelist is a full-service, Chicago-based business law firm focused on the middle market.

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!!






 

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Senior Antitrust Associate Attorney

USA-CA-San Diego

San Diego office of our client seeks Senior Antitrust Associate Attorney with 7 years of experience....

Apply Now

Senior Antitrust Attorney

USA-WA-Seattle

Seattle office of a BCG Attorney Search Top Ranked Law Firm seeks Senior Antitrust Attorney with 9 y...

Apply Now

Patent Attorney

USA-DC-Washington

Washington, D.C. office of a BCG Attorney Search Top Ranked Law Firm seeks Patent Attorney with 1 ye...

Apply Now

RELEVANT JOBS

Appellate Director, Enforcement

USA-MD-Rockville

Rockville (Omega)   NYC (Brookfield Place) ...

Apply now

Litigation Director

USA-MD-Rockville

The Litigation Director manages a team of dedicated litigation attorneys and other staff, and, as ne...

Apply now

Senior Litigation Counel

USA-MD-Rockville

Job Description Essential Job Functions: Represent FINRA in a first or second chair capacit...

Apply now

Paralegal, Immigration Law (NIV)

USA-CA-Agoura Hills

Immigration Law Paralegal (NIV) (5+ years’ experience) We are looking for dedicated, detai...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top