Squire Patton Boggs is eliminating and reducing several of salary cuts it instituted earlier this year as more law firms walk back their coronavirus-related austerity measures.
The firm said on Tuesday that starting in October, associates will have their compensation fully restored.
Global support staff and other non-partners whose salary prior to the reductions was less than $75,000 will also be fully restored, while those with salaries above that will see their compensation reduction halved.
The firm also said it will consider additional discretionary bonuses for those who performed at “extraordinary levels during the period of compensation reduction.”
Partners will ...