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Oct

12

Gadens Cut-Backs; Law Institute Memberships Banished

Posted by The Spy | Posted in Firm Gossip, Gadens Lawyers | Posted on 10.00am

It has been a while since we have had anything to report on national mid-tier law firm Gadens, so we warmly welcomed the following info from an anonymous Gadens spy over the weekend:

Firm Spy,

You wrote last week about what different firms are doing to cut discretionary spend, so I thought your readership might be interested to learn what Gadens did earlier this year. The firm made enquiries of the various state law societies to ascertain whether law institute memberships were optional. Upon being notified that there is no obligation on the firm to join the relevant law societies, Gadens abruptly told us that they would no longer be paying for our memberships and, if we wanted to remain members, we would need to do so at personal expense… Given that my guaranteed pay is so low compared with similar firms, I thought this cut-back was one step too far…

Is your firm cutting costs? Let the Firm Spy know first by emailing us at news@firmspy.com.

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