Reed Smith has unveiled a new pay scale that sees first-year associate salaries cut by 20%, reports The Legal Intelligencer. The moves comes two weeks after the firm announced it was revamping its associate model by doing away with year-based classes and moving to a competency-based compensation system.
November 11, 2009 at 06:13 AM
1 minute read
The original version of this story was published on Legalweek
Reed Smith has unveiled a new pay scale that sees first-year associate salaries cut by 20%, reports The Legal Intelligencer.
The moves comes two weeks after the firm announced it was revamping its associate model by doing away with year-based classes and moving to a competency-based compensation system.
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