Reed Smith has opted not to increase associate pay in any of its global offices, despite a host of U.S. firms confirming salary hikes in response to moves by Milbank Tweed Hadley & McCloy and Cravath, Swaine & Moore.

Reed Smith partner and global head of legal personnel, Casey Ryan, confirmed in a statement that, while the firm will continue to monitor the market, it “has no current plans to increase associate starting salaries in any location.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]