freezes salaries

Weil Gotshal Slashes Salaries for London Associates

Weil Gotshal, which in May laid off 79 staff and in June announced the closure of its Austin, Texas office,…

Corrs has delayed the start dates for its 2009 recruits, paying stipends of US$1,740 each. In March, the firm implemented…

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

Baker & McKenzie's London office has launched a redundancy consultation targeting up to 30 lawyers and 55 staffers. The review…

Connecticut's Pepe & Hazard is laying off five attorneys and seven staff members. The 61-attorney firm says the move "is…

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

Legal document archive firm LexisNexis has announced it is freezing salaries at 2008 levels. In order to address what is…

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

Bryan Cave LLP is laying off 58 attorneys and 76 staff today. It is the second national law firm to…

New York's Chadbourne & Parke has announced a salary freeze for 2009. As you know, the world economic outlook for…