We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

WolfBlock Trims Associate Wages

Law360 (February 12, 2009, 12:00 AM EST) -- About two months after thinning its ranks, Philadelphia-based law firm WolfBlock LLP has reduced its associates' pay by 10 percent.

Herman Fala, the managing partner of the firm's Philadelphia office, said Thursday that WolfBlock is reducing “base compensation prospectively.”

“However, we have significantly increased the bonus pool for associates to make their overall compensation more performance-based,” Fala said. No further details were available from the law firm Thursday.

In December, legal tabloid Above the Law reported that WolfBlock trimmed 15 associates and staff members. The reductions...
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.