Lawyer Pay

1166 ABA Journal Lawyer Pay articles.

More law firms are likely to make some furloughs permanent, legal experts say
Katten Muchin Rosenman’s decision to lay off some furloughed staff members may be followed by more announcements of layoffs at other law firms, according to legal industry experts.
Remove underperformers? Increase cash? New law firm survey shows changing views
Law firms responding to survey questions about a hypothetical recession became more willing to take tough measures as the COVID-19 crisis worsened, according to recent survey findings by legal consulting firm Altman Weil.
Afternoon Briefs: Another law firm cuts pay; officer fired in shooting death of Breonna Taylor

Another law firm cuts pay for lawyers and staffers

Holland & Hart is reducing profit distributions to equity partners and cutting pay for salaried lawyers by 15%. Staff members who…

Judge refuses to sanction women suing Jones Day for gender bias
A federal judge in Washington, D.C., has refused to sanction former female associates who filed a $200 million lawsuit against Jones Day for alleged gender bias.
2 more law firms announce pay cuts; are they a stopgap measure before layoffs?

Two more law firms announced pay cuts in the past week, marking a third slow week of bad news. But the worst could be yet to come.

Just 1 BigLaw firm makes the news for pay cuts in past week
Days after announcing a voluntary leave program, Troutman Sanders revealed it is going a step further with pay cuts for lawyers and staff members.
At least 3 BigLaw firms charge more than $1K per hour for top associates
At least three large law firms are charging more than $1,000 per hour for bankruptcy work by senior associates, court filings indicate.
How to get paid quickly with online payment tools in the time of the coronavirus

Coming into the office to pay may not be a safe option for either your clients or law firm staff in 2020. Instead, you’ll have everyone’s best interests in mind when you offer your clients the ability to pay legal bills online from the safety and comfort of their own homes. It’s a win-win for both your firm and its clients.

Which law firms laid off lawyers and cut pay this past week? The announcements slow to a trickle
For weeks, larger law firms have been announcing layoffs, furloughs and pay cuts. The impact is widespread, with the legal services sector losing 64,000 jobs in April.
75% of associates surveyed say job security and pay cuts are top worry; who got hit this week?

As reports build of pay cuts, furloughs and layoffs at law firms, it’s understandable that associates are concerned. Now, a new survey of 1,335 associates quantifies the extent of their worries.

The good and bad news: Firms continue to announce cuts, but it’s at slower pace
More law firms announced pay cuts, layoffs and furloughs this week, but the pace is slowing. Since the ABA Journal reported on such measures last Thursday, at least eight more law firms gave staff members and lawyers bad news.
Some law firms will die without quick cuts, consultant says; which ones acted this past week?
At least a dozen more large and midsized law firms cut pay and furloughed employees in the past week because of the novel coronavirus pandemic. But it’s not nearly enough, according to a former BigLaw lawyer who once worked as a consultant.
It was another bad week for many BigLaw lawyers and staffers; who saw pay cuts and furloughs?
It’s not over, by any means. It has been a week since the ABA Journal reported on the latest large and midsized law firms to cut pay, reduce partner draws, and furlough or lay off staff because of the COVID-19 pandemic. Since then, at least 15 more law firms took temporary steps to reduce costs.
Afternoon Briefs: Missouri sues China over COVID-19; lawyer accused of threatening cameraman

Missouri is first state to sue China over COVID-19

The state of Missouri has filed a lawsuit against China that contends that its government covered up knowledge of COVID-19 and…

Gross revenue jumped 5% for top US law firms last year; which firm surpassed $4B?
Gross revenue for the nation’s 100 highest-grossing law firms jumped 5% last year, with 86 of the firms reporting gains.

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