DLA Piper Cutting US Partner Pay 11.5%

DLA Piper has informed its US partners that it will reduce their pay by 11.5% in 2009.

“Strong performers” will see higher pay rates.

The firm has already cut 80 associates and 100 staffers from its US offices, 30 attorneys and 110 staff in its UK offices, and 54 lawyers and staffers in Asia.

DLA Piper is one of the largest law firms in the world, and it is the only firm with more than 3,700 lawyers in North America and Europe.