Womble Carlyle Cuts Salaries, Staff

Law360, New York (April 15, 2009, 12:00 AM EDT) -- Joining a growing list of law firms that have decided to curb paychecks in the current economic climate, Womble Carlyle Sandridge & Rice PLLC is cutting the salaries of attorneys and paralegals by 10 percent, effective immediately, in addition to laying off staff members.

After a confidential internal memo on the cuts was leaked to the blog Above the Law, a Womble Carlyle spokesman acknowledged that the firm was instituting a 10 percent reduction in salary for timekeepers.

The internal memo posted on Above the Law...
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