Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo is rolling back its pay cuts for attorneys and staff as more law firms eliminate Covid-19-related austerity measures.
The firm’s policy committee will restore all base pay cuts to associates, technical advisers, patent agents, and professional staff starting with its Oct. 23 payroll, a firm spokesperson said.
In April the firm said it would holdback 40% of equity partner profits and monthly payouts to equity partners by 10%, with nonequity partners receiving a 5% reduction in payouts.
Associates received 10% salary cuts, while staff and paraprofessional salaries making more than $75,000 received a ...
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