Dorsey & Whitney Cuts Pay for All Associates By 10 Percent

Dorsey & Whitney hasn't laid off any attorneys. But the law firm did impose a 10 percent across-the-board pay cut on all associates.

And bonuses were also reduced by an undisclosed amount, reports the Star Tribune.

News of the salary cut follows word yesterday that Dorsey & Whitney, which is the largest law firm based in Minneapolis, has axed 55 staff jobs.

An Above the Law post today provides further details, based on information from unidentified tipsters.