[Exclusive] Khaitan & Co Equity Partners decide to take 20% pay cut on monthly compensation; no salary cuts for lawyers below Partner-level

The Equity Partners and Executive Directors of Khaitan & Co have agreed to take a 20% pay cut on their monthly compensation, in light of the COVID-19 pandemic fallout.

However, the firm has decided not to implement any salary cuts below the Equity Partner/Executive Director level.