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Squire Sanders Cuts 32, Slashes Associate Pay

Law360, New York (May 01, 2009) -- Squire Sanders & Dempsey LLP on Friday cut 32 attorneys from its global practice and cut first-year associates' pay by 10 percent, following a growing trend of major firms setting more frugal limits in staffing and salary in order to withstand financial pressures.

Squire Sanders confirmed a report by the Cleveland Plain Dealer that new hires were some of the hardest hit, with many of the 32 pink slips going to associates with...

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