Partners at San Francisco's largest law firm and one of the oldest in California, are skipping their regular monthly paychecks in March as part of a new cost-cutting campaign, partners said Thursday.
Members of Pillsbury, Madison & Sutro said "very significant" capital expenditures, including an over-budget computer system and office expansions into Los Angeles and San Jose, prompted the nearly 170 partners to forgo their checks, they said. Other personnel at the firm are receiving their pay.
