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The law firm that started the salary wars is in retreat. Menlo Park, Calif.'s Gunderson Dettmer Stough Villeneuve Franklin & Hachigian canceled its guaranteed bonuses for associates, effectively cutting salaries by as much as $20,000. As if that's not a glaring enough sign of the economic downturn, the firm's associates have largely swallowed the cut and said they are pleased to still have jobs.
June 13, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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