Law Practice Management
Dorsey & Whitney Cuts Pay for All Associates By 10 Percent
Posted Jun 3, 2009, 11:40 am CST
By Martha Neil
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.
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