Orrick Herrington & Sutcliffe has followed Latham & Watkins with the announcement that it is to freeze associate pay for 2009. The move means that, for example, a first-year associate at Orrick will not move through the firm's pay bands and will continue to earn the same amount as during 2008.However, the firm will stick to the bonus structure that it announced in June last year and hand out bonuses ranging from $25,000 (£17,200) to $50,000 (£34,300) with additional discretionary bonuses.
January 05, 2009 at 09:33 AM
1 minute read
The original version of this story was published on Legalweek
Orrick Herrington & Sutcliffe has followed Latham & Watkins with the announcement that it is to freeze associate pay for 2009.
The move means that, for example, a first-year associate at Orrick will not move through the firm’s pay bands and will continue to earn the same amount as during 2008.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
