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International Edition

Slaughter and May Suspends Partner Pay

The move by the elite firm follows similar decisions across the UK's top tier.
2 minute read

New Jersey Law Journal

Bracing for Turbulence, Lowenstein Sandler Holds Back Some Partner Pay

Despite the move, the firm's executive board said it was "pleased" with the current level of client activity during the coronavirus pandemic.
3 minute read

The American Lawyer

Orrick Cuts Salaries, Delays First-Year Associate Start Dates to 2021

Like many other firms that have recently announced cost-cutting measures, Orrick chair Mitch Zuklie said in a statement that the economic impact on Orrick is unclear and that the cuts were implemented now in order to save jobs in the future.
4 minute read

The American Lawyer

Bryan Cave Cuts Pay for Partners and Employees, Taking 'Prudent Measures'

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." 
3 minute read

The American Lawyer

How to Manage The Firm When Business Starts to Pick Back Up

Editor's note: This is the third in a series of articles from LawVision's strategy group looking at what each core function of a law firm needs…
6 minute read

International Edition

Taylor Wessing Furloughs Staff and Suspends Distributions in UK

The firm is the latest to bring in strict new financial measures in the face of the coronavirus pandemic.
3 minute read

International Edition

DWF-Acquired Spanish Firm Cuts 15 People, Terminates Trainee Programme

At least one partner is among those to leave, according to people familiar with the situation.
2 minute read

National Law Journal

A Spike in Revenue, Followed by Pay Cuts: Arent Fox Reflects the Industry's Turn

The firm's strong performance in 2019 had leaders eying new markets, including a presence in Chicago. Now it is cutting pay across the board.
4 minute read

International Edition

Norton Rose Fulbright Cuts Australian Lawyer Pay as PwC Reduces Hours and Local Partner Drawdowns

NRF's actions are similar to those the firm took last week at its offices in Europe, Asia and the Middle East.
4 minute read

International Edition

HSF Latest to Reduce Partner Profits, Suspend Salary Reviews

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.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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