Morrison & Foerster to Cut Associates’ Salaries to $145,000
Headline News
Morrison & Foerster LLP, the San Francisco-based law firm, will cut starting salaries to $145,000 for associates based in U.S. cities except New York, where they will remain $160,000, the firm said.
“The market for first-year salaries among national firms is undetermined at this time,” the firm said today in an e-mailed statement. “Given that, we will continue to assess starting salaries, in light of market trends, and may elect to adjust as required based on larger market developments.”
Large U.S. law firms including Nixon Peabody LLP, Baker & McKenzie LLP and Chadbourne & Parke LLP have cut attorney salaries this year. Also this year law firms including Cravath, Swaine & Moore LLP, Latham & Watkins LLP and Orrick, Herrington & Sutcliffe LLP have delayed start dates for incoming associates and asked lawyers to take time off in exchange for a reduced salary.
Law firms in New York City and across the U.S. raised associate salaries from $145,000 to $160,000 in early 2008.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.