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TTA freezes salaries, partners reduce drawings

Posted on May 8, 2020 By Legal 60

Talwar Thakore & Associates (TTA) has frozen its fee-earner salaries at current levels without increments, while partners have said they would be reducing their drawings.

According to a statement from the firm we had requested: “The partners have taken a number of prudent protective measures given the current market situation.

“While partners have agreed to cut their drawings, for the rest of the firm salaries have not been increased, while the annual bonus has been paid in full.”

The firm had last month announced counsel and associate promotions and two partnership promotions

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Law in 60 is a first of it’s kind effort to provide legal news, updates and happenings from in and around India but without the long drawn stories. The legal industry is known for expansive analysis, opinions and lengthy writings running into pages – be it an article, judgement, commentary or a simple news report: Law in 60 aims to change that by providing reports and updates from various areas of law and relevant happenings but in 60 words or less, so you only spend 60 seconds or less.

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