Seyfarth Defers Associates, Cuts Pay

Law360, New York (November 20, 2009, 6:54 PM EST) -- Seyfarth Shaw LLP announced Friday that it is pushing back the start date for half its incoming associate class from January to October 2010 and cutting pay for all first-year associates "in light of anticipated client demand and market conditions."

Seyfarth postponed for the second time the start date of 8 of the 16 new associates and said it will cut the pay of all first-years who start in 2010 by between 5 percent and 10 percent, according to an e-mailed statement from J. Stephen Poor,...
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