Holland & Hart is the latest law firm to cut attorney and staff salaries as the legal sector seeks to save cash amid the coronavirus economic fallout.
The Denver-based firm announced a series of compensation cuts earlier this month to “allow the firm to weather” uncertainty around the virus and position it “for success as the economy ultimately improves,” the firm said in a statement on Tuesday.
Holland & Hart may scale back these measures at any time during the year based on its financial performance, it said.
Equity partners will have their profit distributions cut so that they will ...
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