Photo: Bigstock As Budgets Improve, More Large Firms Restore Attorney and Staff Pay
"Assuming collections hold up, most firms believe that on revenue, they're likely to be very close to what they originally budgeted for the year, pre-Covid," said firm consultant Kent Zimmermann.
October 16, 2020 at 06:10 PM
4 minute read
The pace of law firms rolling back austerity measures is accelerating, as several firms in the last few days—including Fox Rothschild, Pillsbury Winthrop Shaw Pittman, Blank Rome and Dorsey & Whitney—said they had restored pay cuts.
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