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Reply to "Anyone in biglaw get a pay cut?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm at a mid-sized law firm in Northern CA. We've been having firm-wide meetings (separated into section leaders, COVID Team, partners, staff) via Webex almost once a week. Things are changing multiple times a day, and we keep changing policy to adjust. Nobody has been laid off, and there have been no pay-cuts. Right now, only our coffee attendants and some of the copy room has been furloughed. [/quote] So the partners and associates are still making full comp, but the lowest paid people at the firm have been furloughed? Lovely. And by lovely I mean disgusting. At my AmLaw 50 firm, the equity partners have been the first, and thus far only, people to take pay cut. [/quote] Heard that Morgan Lewis did the same thing: cut equity partner pay and kept all associates and support staff at the same level. That’s what firms should be doing. Any firm that cuts support staff and leaves the equity partners the same is basically demonstrating that their corporate culture is broken and that they have major “Dewey and LeBoeuf” risk.[/quote]
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