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Legal News

: Yahoo Law News

Law Firms Cut Junior-Lawyer Bonuses by as Much as 71 Percent (Bloomberg)

By Wire Services

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Dec. 21 (Bloomberg) -- Law firms including Cravath, Swaine & Moore LLP and Skadden, Arps, Slate, Meagher & Flom LLP cut year-end bonuses for first-year lawyers by as much as 71 percent, part of a bid to keep client costs down and ride out a recession that has forced structural changes in the industry.

Full post as published by Yahoo Law News on December 21, 2009 (boomark / email).

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