Large Firms
Dec. 31, 2008
Orrick Won't Get Raises in 2009, Chair Says
In the current economic climate it’s getting colder and colder for law firm associates — freezing in fact. On Monday, Orrick, Herrington & Sutcliffe Chairman Ralph Baxter announced in a firmwide memo that associates will not receive salary raises in 2009.
Daily Journal Staff Writer In the current economic climate it's getting colder and colder for law firm associates - freezing in fact. On Monday, Orrick, Herrington & Sutcliffe Chairman Ralph Baxter announced in a firmwide memo that associates will not receive salary raises in 2009. Citing global economic volatility, Baxter said the salary freeze would apply to the firm's associates in the U.S. and Europe, as well as ...
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