Law Firms Reassess Partner Compensation Amid Changing Dynamics
In recent times, law firms are increasingly making adjustments to partner compensation due to factors such as decreased productivity and…
pay cuts
Another Big Law Firm Reverses Pay Cuts, This Time Retroactively
Hogan Lovells announced in a statement on Friday, it will reverse COVID-19 salary cuts for associates and hold deferred salary…
Big Law Firms Reverse COVID-19 Pay Cuts
Easing of COVID-19 cut reductions has recently become a trend among law firms that took on austerity measures back in…
Chadbourne & Parke Does Right by its Associates
If you're a Chadbourne & Parke associate, we urge you to resist the temptation to gloat a little when talking…
More Bonus News – And it’s a Little Different
Two more firms have announced their bonus schedules and they're a bit different from the Cravath scale. Sullivan & Cromwell…
Haynes & Boone Cut First Year Salaries
First year associates at Haynes & Boone will be starting after Thanksgiving, but at a reduced rate. The firm emailed…
Reed Smith Asks Non Equity Partners for a Tithing
Render unto Caesar what is Caesar's, or so the expression goes. Now Reed Smith is asking much the same of…
William Fry Lays Off 17, Cuts Pay
Dublin law firm William Fry has made 17 staff redundant, and implemented pay cuts of up to 10%. The firm,…