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TIGHTENING - As have other law firms, Kilpatrick Townsend & Stockton is instituting pay reductions for lawyers and staff amid the pandemic. Meredith Hobbs reports that the Atlanta-based firm has temporarily cut partner draws by an average of 10% and will reduce pay by 5% for other lawyers and staff as of April 16. Assistants who are hourly employees will have their work time reduced by 20% and the firm is furloughing some employees who can’t work remotely. For a roundup of Big Law cutbacks, go here.
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