Want to get this daily news briefing by email? Here’s the sign-up.
WHAT WE’RE WATCHING
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.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
