Boies Schiller Flexner Misses Associate Salary Raise Deadline as Rumors Swirl About Cash Flow Issues
Sources say the firm had originally promised the raises in June, which was pushed until Oct. 15, then end of the month. On Friday, the last business day of October, associates had not received their raises.
October 30, 2020 at 07:39 PM
4 minute read
The original version of this story was published on The American Lawyer
Boies Schiller Flexner over the summer promised to raise associate salaries so they would be on par with the Cravath, Swaine & Moore market rate, sources have told The American Lawyer, but the effective date of the increase has come and gone, and the firm has not paid out the promised salaries. Now, rumors are swirling around cash flow issues at the firm, sources say.
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