Associates at two big Texas-based firms are learning firsthand what a pay freeze means. At Fulbright & Jaworski, a firm spokesman confirmed last week that associate compensation will stay as is through at least the first quarter of this year. And 508-lawyer Haynes and Boone has decided, based on current market condition, to not give associates lockstep raises at this time, according to managing partner Terry Conner. Several other big Texas firms haven't made a final decision yet on associate pay.
Associate Salaries Temporarily Frozen at Two Big Firms
January 20, 2009