Baker McKenzie Trims Lower Attorney, Staff Salaries by 15% in US

The moves in response to the coronavirus do not affect anyone earning less than $100,000, and no one will see their compensation reduced below that threshold.

April 13, 2020 at 06:09 PM

3 minute read

Dan Packel

The original version of this story was published on The American Lawyer

As part of its North American efforts to respond to the economic consequences of the COVID-19 crisis, Baker McKenzie is reducing salaries 15% for non-equity partners, other attorneys and staff earning less then $100,000 a year.

Equity partners are not subject to the 15% edict but will see greater reductions in compensation than others, the firm said Monday. No one will see their compensation reduced below $100,000.