McKenna Long & Aldridge has slashed its incoming associate salaries by $20,000, reducing compensation for first-year lawyers in major cities to $140,000. The law firm initiated the cut, which applies to all incoming associates in each of the firm's 10 offices, to better reflect client needs in the current economy, said McKenna Long chairman Jeff Haidet.
April 15, 2009 at 12:00 AM
1 minute read
The law firm initiated the cut, which applies to all incoming associates in each of the firm’s 10 offices, to better reflect client needs in the current economy, said McKenna Long chairman Jeff Haidet in a press release issued on Tuesday.
The law firm has offices in Atlanta, Washington, Los Angeles, San Francisco and New York. Its largest office is in Atlanta, where it has about 150 attorneys.
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