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WHAT WE’RE WATCHING
RESTORING BUT NOT RELAXING – If COVID-19 itself wasn’t evidence enough that nobody really knows what’s coming around the corner, how about the fact that we’re more than five months in with no end in sight? Still, about a dozen large law firms—at least seven of which made announcements last week—have rolled back certain austerity measures put in place at the start of the pandemic, citing better-than-expected performance. It’s clear, however, that no one feels confident that the threat is totally over. In this week’s Law.com Trendspotter column, we look at which firms recently announced partial pay cut restorations, what those measures look like and why no one’s taking this good news as a sign that they can let their guard down.
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