Firms' 'Ego'-Driven Salary Structure Can't Last: Experts
Law360, New York (October 02, 2009, 2:30 PM ET) -- While plenty of leading law firms have frozen or slashed associate salaries amid the current recession, just as many have remained dedicated to the status quo — a devotion that may be rooted more in ego than loyalty, some experts say.
Roughly half the AmLaw 20 firms — including White & Case LLP, Sidley Austin LLP, K&L Gates LLP and Mayer Brown LLP — have yet to announce freezes or reductions in associate salary, despite sustaining heavy economic blows.
K&L Gates, for example, laid off at...
Roughly half the AmLaw 20 firms — including White & Case LLP, Sidley Austin LLP, K&L Gates LLP and Mayer Brown LLP — have yet to announce freezes or reductions in associate salary, despite sustaining heavy economic blows.
K&L Gates, for example, laid off at...
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