After a strong 2019 fiscal year and first quarter, Smith Gambrell & Russell said it will not make furloughs or layoffs, but the firm has temporarily reduced partner and staff pay “as prudent management” amid the economic turmoil from the coronavirus pandemic.

The Am Law 200 firm is deferring partner draws by 20% and cutting pay for all employees, including associates, by 10%, said Smith Gambrell’s chairman, Stephen Forte, in an exclusive email to the Daily Report on Friday. He said the firm’s decision was informed by “our approach of self-sacrifice by all as a means of compassionately preserving the jobs for all in the firm.”