Cash-preserving measures are continuing at Nixon Peabody, which confirmed today it was among a growing number of firms that are delaying the start date of incoming first-year associate classes as well as cutting associate compensation. It also confirmed for the first time specifics on layoffs and furloughs reported at the firm last month.
Nixon Peabody confirmed it furloughed 5% of its associates and 25% of its staff while laying off another 5% of associates.
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