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Perkins Coie Photo: Diego M. Radzinschi/ALM

Perkins Coie adopted new austerity measures related to the COVID-19 pandemic Wednesday, cutting salaries for associates and professional staff in addition to delaying payouts for partners.

The firm said in an email that it will enact a 15% salary reduction for non-partner lawyers, a 10% reduction in salary for staff members making between $125,000 and $200,000 per year and a 15% reduction for professionals making over $200,000. Those making less than $125,000 annually will not be affected.

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Patrick Smith

Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, cannabis law and marketing innovation. Reach him at [email protected] or on Twitter at @nycpatrickd

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