Becker & Poliakoff’s Attorneys Take The Cut

Like most other firms, Becker & Poliakoff are having issues with profit in result of economic, as well as real estate, downturn. Unlike most other firms, Becker is turning to its attorneys for help. The attorneys are taking a 12 percent pay cut, which took effect May 15. The firm’s managing shareholder, Alan Becker, informed everyone of his decision, explaining that they had weighed all of the options and this seemed to be the most helpful and the most fair. But, not all agree. Some point out, that it is very unusual for the attorneys to bear the brunt for profit issues. The cut will be reversed when clients begin paying again.

Source: www.nylawyer.com