Foley Hoag Embraces Pay Cuts, New Bonus System
A spokeswoman for Foley Hoag on Thursday confirmed the new compensation system, which also includes changes to the firm's bonus program.
In a memo obtained by Above the Law, Foley Hoag told attorneys that their base salaries could be cut by as much as 10 percent, effective Nov. 1.
Aggregate base salaries were reduced...
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