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A number of other local and national law firmss have cut attorneys andreduced salaries. The Law360.co m news site reported Tuesday that Snell made thesalaryh cut, and the firm confirmed the reductions to the Phoenix Business “Snell & Wilmer management held meetings with associatexs in each of our officeds on Tuesday, June 16, to announce salary reductionsw and to answer associates’ said David McCann, communications managerr for Snell. “Effective with July 15, 2009, paychecks, associates salaries will be reduced 10 percent across the It was also announced that the firm will bepayingg performance-based bonuses later this year.
” Phoenid and national law firms are gettingt hit by the real estatr downturn and a pull back in businesas spending and mergers and acquisitions. Snelpl has more than 425 attorneys.
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