Skadden Freezes Salaries for Counsel
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

SkaddenNew York’s Skadden has announced it will not raise salaries for counsel in 2009. Associates will not be affected.

The firm still intends to offer discretionary, merit-based bonuses.

Skadden is offering all its associates, about 1,300 worldwide, the option of taking one-third of their base pay not to work for a year.


The firm in March laid off an undisclosed number of staff attorneys and 50 support staffers. It has also launched a litigation program for its deferred incoming associates.

Skadden, Arps, Slate, Meagher & Flom LLP, founded in 1948, is a prominent law firm based in New York City. With over 2,000 attorneys, it is one of the largest and highest-grossing law firms in the world. Forbes magazine called Skadden “Wall Street’s most powerful law firm.”

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!!


Interesting Legal Sites You May Like




Search Now

Attorney with 8 years of civil litigation experience

USA-CA-Los Angeles

Westside law firm of our client is seeking an attorney with 8 years of civil litigation experience, ...

Apply Now

Senior Attorney with litigation experience

USA-NY-New York City

New York City non profit is seeking a senior litigation counsel to manage litigation strategy as wel...

Apply Now

IP Technical Advisor with 1-3 years of software experience


Alexandria office of our client seeks IP technical advisor with 1-3 years of experience in IP applic...

Apply Now

Attorney with 3-8 years of corporate experience


Montvale office of our client seeks attorney with 3-8 years of experience in corporate and business ...

Apply Now




INSURANCE DEFENSE / TRANSPORTATION LITIGATION Law firm located in North Houston seeking an associ...

Apply now

Hotline & Training Managing Attorney (IMMIGRATION)

USA-NY-New York City

Summary: The Hotline & Training Services Managing Attorney will guide, develop, and supervise the Ho...

Apply now

Pro Bono Supervising Attorney-LDP Pro Bono (IMMIGRATION)

USA-NY-New York City

The Pro Bono Supervising Attorney is one of several attorneys in the Division’s pro bono progr...

Apply now

Legal Assistant / Paralegal


Our  law firm is currently seeking a qualified applicant to fill the position of a Legal Assist...

Apply now

Most Popular


To Top