Nixon Peabody has cut first-year associate salaries in its major offices from $160,000 to $145,000 and also announced plans to cut associate salaries across the board, a spokeswoman confirmed Wednesday. According to a statement released by the firm's managing partner, in addition to cuts in major offices, first-year associates in offices outside "major financial centers" will see a salary reduction. And the base pay of current associates will be adjusted, "based on individual performance and contribution to our firm."
Nixon Peabody cuts first-year salaries to $145,000
The American Lawyer
April 30, 2009
This content is now available at LexisNexis®.
The ALM® and LexisNexis® Content Alliance
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM’s legal news publications. LexisNexis® customers will be able to access and use ALM’s content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM’s other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM’s content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
If you are not currently a LexisNexis subscriber, contact 1-800-227-4908 to find out more or click here to have a customer representative contact you directly.