Fisher Phillips has fully restored pay for its salaried lawyers and staff, the firm’s chairman, Roger Quillen, told the Daily Report on Monday, after the firm made 20% pay cuts on April 30 ahead of anticipated economic fallout from the pandemic.

The national labor and employment firm, headquartered in Atlanta, has also dialed back a holdback from monthly profit distributions to its equity partners. In April, Fisher Phillips began retaining 50% of equity partners’ monthly distributions. Those holdbacks have been reduced to about 20% at this point, Quillen said.

This content has been archived.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 Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]