Schiff Hardin on Thursday announced it is cutting salaries for both attorneys and staff, including reductions of up to 50% in compensation that will affect about 6% of the Chicago-based firm’s attorneys.
Most of Schiff Hardin’s lawyers and staffers who make more than $100,000 will see their salaries temporarily cut by 15%. The firm is also laying off a small number of staff—in 2019, Schiff employed 227 staffers across seven offices, according to ALM data.
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