Law360, New York (June 10, 2009, 12:00 AM ET) -- Pillsbury Winthrop Shaw Pittman LLP has become the latest firm to reduce associate salaries, instituting a plan where reductions of up to 20 percent will be put in place based on an attorney's productivity.
Not all associates will see their salaries reduced, and the most-productive attorneys will be exempted from the cuts, firm spokeswoman Sandi Sonnenfeld said Wednesday.
The less productive an associate is, the more pay will be reduced, up to 20 percent.
For the purposes of the cuts, the firm is defining productivity broadly,...
Pillsbury Introduces Productivity-Based Salary Cuts
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