Los Angeles firm Allen Matkins has made another cut to associate salaries and has laid off "fewer than 10" associates, according to Mike Palmer, the firm's executive director. The firm had an earlier round of salary cuts and layoffs in March. Palmer said that the pay cuts affected a number of associates at all levels in slow practice areas, primarily real estate and corporate, including some associates whose pay had already been reduced in March.
Allen Matkins Makes Second Cut to Pay, Lays Off Associates
October 27, 2009