Crowell & Moring is scrapping pay cuts for associate attorneys and staff made in response to the Covid-19 pandemic, joining a growing number of firms to at least partially scale back austerity measures.
“Based upon our performance, which has been better than anticipated, we have decided to resume pre-pandemic compensation levels for our associates, counsel and staff effective September 1,” firm chair Philip Inglima told Bloomberg Law via email.
Despite the move, Crowell & Moring is keeping reductions of 25% for draws for equity partners and 20% for income partners in place. The firm announced those cuts, and a 15% ...
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