Sheppard, Mullin, Richter & Hampton is partially reversing attorney and staff pay cuts the firm made in response to the Covid-19 pandemic.
The firm is cutting in half the 5% to 10% reductions in staff compensation enacted in May, meaning those employees will now see their pay trimmed by 2.5% to 5%. Sheppard Mullin is also reducing associate, staff attorney, and special counsel pay cuts to 6% from 12%.
Some firms have walked back initial cuts made in the early weeks of spring as the coronavirus pandemic. The health care crisis and economic downturn that followed pushed nearly half of ...