Biglaw Firm Announces Nationwide Buyout Program

Above the Law is reporting that Morgan Lewis & Bockius will be offering voluntary buyout packages for all of its legal secretaries, across the country.

Senior editor Staci Zaretsky writes:

“Sources say that the firm’s separation package is extremely generous, and that those who take the deal will receive 2 weeks’ salary for each year of service, up to 52 weeks’ pay. Compared to the six-month cap we’ve seen at many Biglaw firms, longtime legal secretaries at Morgan Lewis could be walking away with a huge payday should they choose to leave.”

Read the Above the Law article.