freeze salaries

Reed Smith Cuts Associate Salaries by 10%

Reed Smith is decimating associate salaries, cutting pay 10% across the organization. From the memo: ...Reed Smith has adopted many…

Despite seeing its best financial results ever, UK law firm DWF has frozen pay and canceled bonuses. The firm was…

McDermott Will & Emery associates have been paid their 2008 bonuses, with fourth years getting up to $60,000. However, the…

London's Allen & Overy will only retain 70% of its trainees for September 2009 and March 2010. The Magic Circle…

Burges Salmon has announced a redundancy consultation that could see 18 lawyers lose their jobs. The firm has also launched…

The Am Law 100's Stroock & Stroock & Lavan, a firm with about 75% of its 750 lawyers in New…

Last week we reported that Allen & Overy, the UK’s fourth-biggest law firm by revenue, would cut as many as…

Morrison & Foerster has frozen associate salaries, and revised its associate discretionary bonuses to as low as $6,000 for 2008.…

Allen & Overy, the UK's fourth-biggest law firm by revenue, will cut as many as 150 lawyers, sever ties with…

Above the Law reports that K&L Gates held a meeting Friday to discuss, amongst other things, salary freezes. Earlier today,…

New York City's Brooklyn Law School has announced it will freeze faculty salaries, in order to keep 2009 tuition increases…

DLA Piper associates were greeted with this email on Friday: 2008 has indisputably been one of the most challenging economic…