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Loeb & Loeb, Clark Hill and other Am Law 200 firms have looked to cut costs by canceling summer associate programs, instituting furloughs, or cutting pay.
April 02, 2020 at 06:36 PM
1 minute read
The original version of this story was published on American Lawyer
More firms are taking action to cut costs—including reduced partner draws, pay cuts, furloughs and canceled summer associate programs—as they adjust to a global economic slowdown related to the COVID-19 pandemic.
The firms include Loeb & Loeb; Clark Hill; Curtis, Mallet-Prevost, Colt & Mosle; Norton Rose Fulbright; and FordHarrison.
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