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Big firms start slashing associate salaries
Washington law firms are cutting costs anywhere they can, and associate pay is no longer an exception. Seven Washington offices have slashed salaries; others are cutting pay for associates who don't hit their billable hours.Number of Lawyers Who Won't Be Part of Hogan Lovells Passes 100
The pace of departures is picking up as the May 1 merger of Hogan & Hartson and Lovells approaches. Tuesday's announcement that Lovells will shutter its 17-lawyer Chicago office marked the latest in a series of announcements about lawyers leaving ahead of the launch of Hogan Lovells. To date, at least 102 lawyers, including 35 partners, have left or are leaving the two firms that are set to combine in the largest transatlantic merger since the January 2005 creation of DLA Piper.Trending Stories
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