Holland & Knight Cuts Compensation
Florida's Holland & Knight is cutting salaries for associates and senior counsel. The firm says the cuts average 7% across…
cutting associate pay
Kaye Scholer Slashes Associate Pay
Kaye Scholer is cutting pay for associates who bill under 1,600 hours this year. First- and second-years who aren't on…
Pillsbury Cuts Associate Pay [Update]
Pillsbury, which offered associates $60,000 to leave the firm, is imposing associate salary reductions based on hours. Salaries are being…
Herbert Smith Targets 33 Lawyers, 51 Staff; Freezes Pay
Herbert Smith announced today it has begun a redundancy consultation at its London HQ, targeting 84 positions. The redundancies target…
Wolf Block Slashes Associate Salaries
Wolf Block is cutting associate pay by 10%, which will go into effect at once. Other firms have frozen salaries…