Akerman Pink-Slips 5 Associates Amid Salary Cuts

Law360, New York (August 7, 2009, 5:43 PM EDT) -- Florida-based law firm Akerman Senterfitt has laid off five associates, including two first-years, a spokesman confirmed Friday.

The layoffs were first reported by legal blog Above the Law. When contacted by Law360, a firm spokesman said the Above the Law article was accurate but that he could not comment on personnel matters.

Last month Akerman Senterfitt allowed associates to review the firm's financial situation before instituting across-the-board associate pay cuts of 10 percent, although the move reportedly had some critics asking whether the belt-tightening was necessary....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.