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Home / News Stories / The first rollback: McGuireWoods to cut pay for new lawyers (access required)

The first rollback: McGuireWoods to cut pay for new lawyers (access required)

Law firms across Virginia, and indeed across the country, have announced a freeze on pay for associates. Some firm leaders wondered aloud if salaries should not be reduced. But the firms have watched each other, waiting for someone to make a move. In a “next step” after freezing salary levels for its newest attorneys, McGuireWoods LLP ...