Partner Compensation Cuts Could Become The Norm

By Julie Zeveloff (March 16, 2009, 12:00 AM EDT) -- In an effort to "weed out" low-performing partners, Dewey & LeBoeuf LLP has reportedly cut compensation for around one-fifth of its partners by as much as 80 percent in the past 15 months. Legal experts told Law360 that in this unprecedented economic climate, the practice could become more common....

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