Bloomberg Law
Sept. 3, 2020, 3:30 PMUpdated: Sept. 3, 2020, 6:11 PM

Kelley Drye Latest Firm to Roll Back Some Virus-Related Cuts (1)

Stephanie Russell-Kraft
Stephanie Russell-Kraft
Special Correspondent

Kelley, Drye & Warren is the latest law firm to roll back some of the pay cuts it introduced in the spring to counteract the economic impact of the coronavirus pandemic.

In an announcement to the firm on Thursday, chair James Carr said that the firm’s 10% pay cut for associates, special counsel, and staff earning more than $100,000 would be reduced to 5%. Partner reductions will remain in place for the time being.

“The firm implemented a number of cost cutting measures this spring to minimize the economic impact of the coronavirus crisis and to protect the financial health ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.