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Holland & Knight Cuts Compensation
Headline Legal News |
2009/07/29 11:05
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The JD Journal reports that Florida’s Holland & Knight is cutting salaries for associates and senior counsel. The firm says the cuts average 7% across all those effected; 10% for associates.
This salary reductions are effective immediately.
Holland & Knight is reviewing its associate compensation scheme, and intends to implement changes next year.
Holland & Knight cut 70 lawyers and 173 support staff positions in February.
Holland & Knight is a law firm with more than 1,150 lawyers in 23 US offices. Foreign offices include Beijing, China, and Mexico City, Mexico, with representative offices in Caracas, Venezuela, and TelAviv, Israel. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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