Two more Am Law 200 firms have announced that they will partially restore pay cuts to attorneys and staff made earlier this year: Holland & Knight and Stoel Rives. They join about a dozen other Am Law 200 firms that have now restored—at least partially—their compensation for partners, lawyers and staff.

In May, Holland & Knight instituted firmwide austerity measures as a response to the novel coronavirus and its subsequent hammering of the economy. But a firm spokesperson confirmed Monday that the firm had partially reversed many of the cuts and is evaluating further restoration.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]