Reed Smith offices. Photo: Diego M. Radzinschi/ALM
The complete rollback of pay cuts is not expected this year. "It is anticipated that the compensation reductions as of September 1 will be in place through year-end," according to a Wednesday statement from the firm's leader.
August 19, 2020 at 07:35 PM
1 minute read
The original version of this story was published on The American Lawyer
Reed Smith is the latest firm to announce it will partially restore some compensation to partners and staff, starting next month.
Still, the complete rollback of pay cuts is not expected this year. “It is anticipated that the compensation reductions as of September 1 will be in place through year-end,” according to a Wednesday statement from Sandy Thomas, Reed Smith’s global managing partner.
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