salary freeze

Skadden Freezes Salaries for Counsel

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

Herbert Smith announced today it has begun a redundancy consultation at its London HQ, targeting 84 positions. The redundancies target…

Ashurst has slashed pay for its incoming class, and is freezing salaries for all non-partner lawyers and support staff. Trainee…

Chadbourne & Parke, which froze salaries in January, is laying off employees today, according to rumors in the blawgosphere. If…

McGuireWoods chairman Richard Cullen left a voicemail to his attorneys yesterday evening, announcing that first year salaries will be cut…

Sheppard Mullin, which instituted salary freezes in January, now admits it has been shedding attorneys since the beginning of 2009.…

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

London's Freshfields Bruckhaus Deringer LLP LLP informed staff yesterday that salaries for associates will be held at 2008 levels. The…

Chicago-based Winston & Strawn saw revenues grow 6.7% to $744 million last year. Profits dipped slightly to $1.27 million, while…

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

Above the Law reported two weekends back the rumor that Biglaw colossus Mayer Brown would freeze salaries for 2009. Now…

Alston & Bird is the latest firm to freeze associate salaries at 2008 levels. The Atlanta firm has informed associates…