Akerman Senterfitt Cuts All Associate Salaries 10%
Florida's Akerman Senterfitt has announced a 10% cut in all associate salaries for all years, effective today. The firm blames…
associate 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,…
Orrick Abandons Lock-step Compensation for Associates
San Francisco's Orrick, which laid off 300 employees in March, is abandoning lock-step compensation for associates. Under a lock-step scheme,…
Study: Growing Pay Gap for Associates
A study by the National Association for Law Placement, or NALP, shows a widening disparity in law firm associate salaries,…
Ruden McClosky Cuts Compensation
Florida's Ruden McClosky, which laid off two lawyers and 18 staff in May, is cutting associate and non-equity partner compensation…
Snell & Wilmer Decimates Associate Salaries
Phoenix, Arizona's Snell & Wilmer, which in May laid off between 30 and 40 staff members, has now cut associate…
Fish & Richardson Will NOT Cut Associate Pay
Contrary to early online reports, global intellectual property firm Fish & Richardson has not announced pay cuts. In fact, at…
Davis Wright Cuts Associate Salaries
Sources on the blawgosphere report that Seattle's Davis Wright Tremaine has cut associate salaries by 5%. The cut affects all…
Update: Hogan & Hartson Reduces Pay for Certain First-Year Associates
Yesterday Hogan & Hartson laid off 93 US support staff. Today we learn more about changes in compensation for associates…
More Firms Adopting Merit-Based Pay for Associates
Many law firms are using the economic meltdown as an excuse to end seniority-based pay for associates, adopting "merit-based" systems…
Simpson Thacher Assigns Associates Pro Bono Work
New York's Simpson Thacher & Bartlett is sending some of its associates to year-long stints at nonprofit organizations. The firm…