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Large Firms

May 20, 2009

DLA's Decision to Cut Associate Pay May Clear Path for Others, Experts Say

Dozens of regional and national law firms, including some with a significant presence in California, have announced similar decisions in recent weeks. And more cuts are expected.

By Amanda Becker
Daily Journal Staff Writer

When it comes to law firm associate salaries, what goes up can come down.

The meteoric rise of associate compensation officially ended on Friday when DLA Piper, a global law firm with more than 3,700 attorneys, announced it would be reducing the salaries of its associates and switching to a merit-based method of compensation. Though the cut goes to the base pay of first-year associates, salaries of more ...

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