Crowell & Moring Among DC Firms Tweaking Salaries
Crowell & Moring has confirmed that it is, on an individual basis, adjusting lawyers’ salaries to match their current ability to bill.
Ellen Dwyer, Crowell & Moring’s managing partner, told The BLT: The Blog of Legal Times that this move has affected fewer than 20 lawyers so far.
“If someone is annualizing 1,800 hours, I’m not going to be that concerned. But if they’re annualizing at 1,600 hours, I would be a little concerned,” Dwyer told the BLT. She also said that the firm requires 1,900 billable hours of all of its lawyers.
Fellow Washington, D.C., firms Hogan & Hartson and Wiley Rein have also made similar moves this month. Hogan & Hartson’s and Wiley Rein’s plans move associates not on track to bill 1,950 hours to a lower base salary—which means $145,000 at Hogan & Hartson and $125,000 at Wiley Rein, Above the Law reported in separate stories.
