Law Practice
Feb. 28, 2012
Dewey slashing mid-tier partner salaries to pay guarantees to new stars
Dewey & LeBoeuf LLP has significantly reduced compensation for some mid-level business generators, according to several sources inside and outside of the firm.
By Casey Sullivan
Daily Journal Staff Writer
Leaders at Dewey & LeBoeuf LLP had to significantly reduce compensation for some mid-level business generators and have continued, despite growing controversy, to pay guarantees to higher-ranking rainmakers at the firm, according to several sources inside and outside of the firm.
The decisions came after the New York firm has not yet paid some partners compensation dating back to previous years because of guarantees that ...
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