
The coronavirus has spooked most law firms and the pending merger between Troutman Sanders and Pepper Hamilton has seen a four month delay until 1 July but it has also seen voluntary departures from the firm.
A report from AbovetheLaw carries a report from the firm that it is implementing voluntary temporary leave of absence as a program for its professional staff across all the firm’s offices.
“The voluntary leaves are expected to be three months, however Troutman Sanders plans to call people back earlier if circumstances allow,” the firm statement said.
Merger partner Pepper Hamilton has already cut associate salaries by 20 per cent.
- Mishcon de Fail – Law Firm Ordered to Pay Ex-Director After Tribunal TakedownPerformance Plan Backfires When Law Firm Mishcon de Reya Hit with £24K Payout… Read more: Mishcon de Fail – Law Firm Ordered to Pay Ex-Director After Tribunal Takedown
- The Growing Tide of Non-Law Firms Buying Law FirmsFinancial Services Group Buys Legal Firm In Further Growth of ABS Moves Ben… Read more: The Growing Tide of Non-Law Firms Buying Law Firms
- How Law Firms Can Use Generative AI to Enhance Social Media MarketingSocial Media Marketing For Lawyers Using Generative AI Kevin Vermeulen, social media marketing… Read more: How Law Firms Can Use Generative AI to Enhance Social Media Marketing
- The PE-Backed Law Firm GoldrushHow Private Equity is Letting Smaller Firms Leave BigLaw Behind” While the UK’s… Read more: The PE-Backed Law Firm Goldrush
- Why Legal Professionals Should Embrace Online CLEOnline CLE for Lawyers Image source: Pixabay Legal professionals today face a fast-paced… Read more: Why Legal Professionals Should Embrace Online CLE