More Pay Cuts, Layoffs Await Some BigLaw Associates

Law360, New York (October 21, 2009, 5:04 PM EDT) -- Squire Sanders & Dempsey LLP has disclosed that it will lay off more attorneys in the near future and will indefinitely defer about half of its 2009 associate class, while Williams Mullen announced that it will reduce associate salaries.

Squire Sanders said Tuesday in a statement that its performance was consistent with and perhaps relatively better than that of peer firms, but that it was closely reviewing its existing capacity.

Over the next 45 days, there will be further “timekeeper reductions based on both performance and...
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