MoFo Plans Surgical Pay Cuts For 1st-Years

Law360, New York (October 19, 2009, 6:15 PM EDT) -- The news that Morrison & Foerster LLP will be paring back first-years' salaries came with a silver lining for some associates in its New York- and Asia-based offices, whose pay will remain consistent with current pay levels, the firm said Monday.

The firm said in a statement that starting salaries at Morrison & Foerster's New York and Asian branches — located in Beijing, Hong Kong, Shanghai and Tokyo — would remain on par at $160,000, while new associates in its other U.S. offices would see their...
To view the full article, register now.