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Dan Packel is an editor on the Business of Law desk at ALM. He writes a weekly briefing for Law.com, "The Law Firm Disrupted," on change and innovation in the legal marketplace. He is based in Philadelphia. Contact him at [email protected]. On Twitter at @packeld
April 21, 2020 | The American Lawyer
The cuts come in spite of a banner 2019 for the firm, in which gross revenue increased by 11% to $1.33 billion.
By Dan Packel
1 minute read
April 21, 2020 | Litigation Daily
Practice heads are serving as "mini-managing partners" and "front-line lieutenants" as law firms fight to maintain business continuity and ensure cohesion during the COVID-19 pandemic.
By Dan Packel
1 minute read
April 21, 2020 | The American Lawyer
Practice heads are serving as "mini-managing partners" and "front-line lieutenants" as law firms fight to maintain business continuity and ensure cohesion during the COVID-19 pandemic.
By Dan Packel
1 minute read
April 17, 2020 | The American Lawyer
The reductions, for U.S. partners, attorneys, and staff, will hit the firm's mostly highly compensated partners hardest, with cuts "much higher" than 20%.
By Dan Packel
1 minute read
April 16, 2020 | Law.com
The office won't be off limits forever. But it won't be the same.
By Dan Packel
1 minute read
April 16, 2020 | The American Lawyer
The international firm is reducing the length of its U.S. summer associate program from 10 weeks to four and spreading partner distributions and bonuses initially scheduled for May over the coming months instead.
By Dan Packel
1 minute read
April 16, 2020 | The American Lawyer
Partner distributions at the firm have already been deferred, and base pay for counsel has also been cut by 10%
By Dan Packel
1 minute read
April 16, 2020 | International Edition
Partner distributions at the firm have already been deferred, and base pay for counsel has also been cut by 10%
By Dan Packel
1 minute read
April 13, 2020 | The American Lawyer
The moves in response to the coronavirus will not affect those earning less than $100,000, and no one will see their compensation reduced below that threshold.
By Dan Packel
1 minute read
April 13, 2020 | Daily Business Review
The moves in response to the coronavirus do not affect anyone earning less than $100,000, and no one will see their compensation reduced below that threshold.
By Dan Packel
1 minute read
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