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It’s ‘absurd and flat-out wrong’ to suggest late pay raises were from cash-flow issues, Boies Schiller says

November 3, 2020

Boies Schiller Flexner is flatly denying a suggestion that cash-flow problems could be the reason why some associate pay raises were delayed.

The law firm said in a statement that only about 10 associates were affected, and the delay was caused by longer-than-expected processing of a new market-rate pay structure through the law firm’s financial system.

“The suggestion of delay caused by cash-flow issues is both absurd and flat-out wrong,” statement said. “Unlike so many other firms, our firm is one of very few that has not made salary or work force reductions due to the ongoing COVID pandemic.”

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