Pillsbury Cuts 1st-Year Salaries At Offices Outside NY

Law360, New York (January 7, 2010, 5:31 PM EST) -- Pillsbury Winthrop Shaw Pittman LLP became the latest firm to scale back associate salaries Thursday, cutting base compensation for first-year associates in its offices outside New York to $145,000.

Pillsbury said it had reduced 2010 first-year associate base salaries to $145,000 a year, except for associates at its New York office, where first-year salaries will remain at $160,000.

First-year associates outside New York will be eligible to earn a $15,000 bonus if they meet target hours, according to the firm.

Pillsbury has locations in cities including...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.