Nationwide Pay Raise Watch: Looking to Sidley as Your Savior?

If you’re an associate at a top Chicago law firm, hoping that Sidley Austin LLP will kick off a round of pay raises in the Windy City, we have some advice for you:

Don’t hold your breath.

(On the other hand, sometimes law firms boost associate pay to distract from bad publicity. Might Sidley take that approach here?)
Sidley agrees to $39.4 million penalty to IRS [Chicago Tribune]
Sidley Austin Settles Government Tax Shelter Investigations [Business Wire (press release)]

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