DLA Piper is slashing salaries for its U.S. associates in conjunction with an announcement that the law firm is shifting to merit-based compensation. The law firm will reduce first-year associate salaries in major markets from $160,000 to $145,000. First-year salaries of $145,000 in other cities will drop to $130,000. The firm will cut salaries at other class levels on a case-by-case basis, based on performance and class year.
DLA Piper Announces Pay Cuts, New Compensation Model
The National Law Journal
May 15, 2009