Law Practice
Apr. 6, 2020
Firm leader tries to avoid layoffs but hunkers down with 20% pay cut
Downey Brand LLP, Sacramento’s largest law firm, has slashed salaries of attorneys and staff by 20% until the end of July and equity partners may end up taking larger hits, managing partner Scott L. Shapiro said Friday.
Downey Brand LLP, Sacramento’s largest law firm, slashed salaries of attorneys and staff by 20% until the end of July and equity partners might end up taking larger hits, managing partner Scott L. Shapiro said Friday.
The announcement came as law firms across the nation grapple with the loss of business surrounding the economic hit caused by the COVID-19 virus.
While the firm is cutting compensation...
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