Good morning! Here are the top stories:
Florida’s Ruden McClosky is cutting associate and non-equity partner compensation by 8%…
Philadelphia’s Schnader has cut associate salaries by $10,000; and partners have agreed to a 5% reduction in compensation…
A study by NALP shows a widening disparity in law firm associate salaries…
Weil Gotshal is shuttering its Austin, Texas office in December, affecting 16 lawyers and 11 staff…
And Virtual Law Partners has brought on four new partners for its commercial lending and intellectual property practices…