Hogan & Hartson has offered buyouts to 240 of its legal secretaries and typists, reports The National Law Journal. The buyout proposal has been offered to secretaries and typists who have been with the firm for at least five years. Those who choose to accept the buyout will receive four weeks of pay, plus an additional week of pay for every year they spent with the firm. The buyout offer is more lucrative for long-serving secretaries on higher salaries than less well-paid recent hires. For example, a secretary with 20 years at the firm would receive nearly half of his or her annual pay.
February 10, 2009 at 10:03 AM
1 minute read
The original version of this story was published on Legalweek
Hogan & Hartson has offered buyouts to 240 of its legal secretaries and typists, reports The National Law Journal.
The buyout proposal has been offered to secretaries and typists who have been with the firm for at least five years. Those who choose to accept the buyout will receive four weeks of pay, plus an additional week of pay for every year they spent with the firm. The buyout offer is more lucrative for long-serving secretaries on higher salaries than less well-paid recent hires.
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