Firm Watch
Dec. 18, 2001
Venture Law: PRACTICE BECOMES FIRST TO DECREASE ASSOCIATES' PAY
Menlo Park's Venture Law Group has taken another bold step, this time decreasing all associate base salaries by $20,000 to $30,000 a year. The pay cut is effective Jan. 1.
First-year associates at Venture will make $100,000, a $25,000 decrease. To soften the blow, the firm is offering its junior associates almost double the amo...
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