Morris Manning Takes Ax To Associate Salaries
Legal blog Above the Law reported the cuts Monday.
Associates in the firm's flagging real estate, commercial lending and general corporate groups had already seen their pay slashed by 20 percent in early 2009, according to Above the Law.
But because the firm decided to implement across-the-board reductions, associates in the slowed groups will now face an only 10 percent cut, the blog reported.
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