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Reed Smith offices Reed Smith offices. Photo: Diego M. Radzinschi/ALM

Reed Smith is the latest firm to announce it will partially restore some compensation to partners and staff, starting next month.

Still, the complete rollback of pay cuts is not expected this year. “It is anticipated that the compensation reductions as of September 1 will be in place through year-end,” according to a Wednesday statement from Sandy Thomas, Reed Smith’s global managing partner.

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Dan Packel

Dan Packel covers change and innovation in the legal services market, and writes a weekly briefing for Law.com, "The Law Firm Disrupted," on these subjects. He is based in Philadelphia. Contact him at [email protected] On Twitter at @packeld

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Christine Simmons

Christine Simmons writes about the New York legal community and the business of law. Email her at [email protected] and find her on Twitter @chlsimmons

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