The coronavirus pandemic sent a wave of pay cuts, layoffs and furloughs through the legal industry this spring. While some firms are anticipating further financial hardship, others have recently walked back some austerity measures, reflecting the pandemic’s uneven effects on the legal industry.
Lowenstein Sandler, Cozen O’Connor, Bryan Cave Leighton Paisner and Munck Wilson Mandela have reversed at least some of their compensation cuts, with some citing stronger-than-expected demand and financial performance.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]