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...
A study by the National Association for Law Placement, or NALP, shows a widening disparity in law firm associate salaries, with most...
Schnader, which held layoffs in April, has cut associate salaries by $10,000; and partners have agreed to a 5% reduction in compensation....
Good morning! Here are the top stories: Baltimore’s Venable is cutting salaries across the board, affecting all lawyers and staff, including partners…...
This week Morgan Lewis lost energy partner Jim Glasgow to Pillsbury, but gained Baker Botts‘ global Oil & Gas Practice head David...
DLA Piper is making major changes to its associate program, including further deferrals of associates who were deferred back in April. Eighty-five...
Howrey, which laid off 25 staff in April, is adopting an “apprenticeship” program for its incoming associates, similar to that proposed by...
Chicago’s Baker & McKenzie has hired a seven-lawyer energy law group from the crosstown office of Thompson & Knight. The team includes...
Morgan Lewis has brought on five partners and six associates from Bingham McCutchen’s banking & leveraged finance group, including a former co-chair...
Two weeks ago, we reported that New York State’s Appellate Division had ruled, giving lawmakers 90 days to adjust judicial compensation to...
Melbourne, Australia’s Hall & Wilcox apparently has not heard that major law firms are shedding lawyers and freezing or cutting pay. The...
Pillsbury, which offered associates $60,000 to leave the firm, is imposing associate salary reductions based on hours. Salaries are being cut between...