By Meredith Hobbs | April 8, 2020
While announcing the firm is deferring portions of partner distributions and cutting employee pay by 15%, the firm said it was taking measures "to protect jobs."
By Rose Walker | April 8, 2020
The firm is also considering delaying or cutting partner drawings.
By Rose Walker | April 7, 2020
The firm has also changed how its bonuses will be distributed this year, as it joins others in dealing with the effects of the COVID-19 pandemic.
By Simon Lock | April 7, 2020
The firm is the latest to take action in light of the economic pressures inflicted by the coronavirus.
By Rose Walker | April 6, 2020
The firm is the second of the Big Four to announce measures to stem the economic impact of the coronavirus and the latest in a series of similar announcements among professional services firms.
By Christopher Niesche | April 3, 2020
They also have enacted other measures, including putting non-business-critical projects on hold, placing a freeze on new hires and deferring promotions.
By Christopher Niesche | April 2, 2020
The firm stated that cash flow is a concern because clients will be looking at their own finances and may delay bill payments.
By Varsha Patel, Hannah Roberts and Meganne Tillay | April 2, 2020
Slaughters gender pay gap has also increased while Hogan Lovells has reported its sexuality pay gap for the first time.
By Varsha Patel | April 1, 2020
The firm's leadership is expected to make a decision on cutting pay in April.
By Jack Newsham | Christine Simmons | March 31, 2020
Partners "have been told not to expect any distributions during the peak months of the crisis," according to an internal memo, as the firm looks to avoid layoffs.
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