Navigate
X

Holland & Knight Cuts Compensation

Florida’s Holland & Knight is cutting salaries for associates and senior counsel. The firm says the cuts average 7% across all those effected; 10% for associates.

This salary reductions are effective immediately.

Holland & Knight is reviewing its associate compensation scheme, and intends to implement changes next year.

Holland & Knight cut 70 lawyers and 173 support staff positions in February.

Holland & Knight is a law firm with more than 1,150 lawyers in 23 US offices. Foreign offices include Beijing, China, and Mexico City, Mexico, with representative offices in Caracas, Venezuela, and Tel Aviv, Israel.

Tags: associate compensationcuts associates compensationcutting associate payHolland & Knightnew compensation systemsalary reductions
Erik Even:
Related Post
  1. Supreme Court to Decide on Emergency Abortion Protocol: The Idaho Case

    Context and Legal Battle The U.S. Supreme Court is poised to tackle the contentious issue…

  2. FTC’s Non-Compete Ban Proposal

    The Federal Trade Commission (FTC) is set to vote on adopting a comprehensive ban on…

  3. Tougher Remedies for Child Labor Violations

    The US Labor Department is ramping up efforts to combat child labor violations by targeting…