(Reuters) - Intellectual property firm Finnegan, Henderson, Farabow, Garrett & Dunner said it has reinstated pay and will reimburse lawyers and staff for reductions that were in place earlier this year amid uncertainty due to the COVID-19 pandemic.

Washington, D.C-based Finnegan had implemented tiered pay cuts for lawyers and staff making $75,000 or more, effective June 1.

"We are pleased to announce that after reinstating full pay in October, the firm will also reimburse the entirety of the payroll reductions," managing partner Anand Sharma and chairman Mark Sweet said in a statement Tuesday.

"The firm continues to be financially sound and incoming work remains steady," they said.

While Finnegan touts steady work, patent prosecution and patent litigation practices saw a decrease in demand in the second quarter of 2020, when the pandemic forced shutdowns nationwide, relative to the second quarter of 2019, according to a Thomson Reuters Legal Executive Institute report.

Patent litigation demand was down 10.6%, one of the biggest drops in demand among other practice groups such as tax, litigation, bankruptcy, and labor and employment, only trailing behind real estate practices. Patent prosecution demand dropped 2.5%, the smallest decrease in demand, the report said.

Finnegan had enacted 20% cuts for those earning $150,000 or more, 15% for those earning between $100,000 and $150,000 and 10% salary cuts for those earning between $75,000 and $100,000, the firm said in May.

Other well-known intellectual property firms Knobbe Martens Olson & Bear, Fish & Richardson and Banner Witcoff hadn't publicly cut pay or reduced staff. Representatives from Fish & Richardson and Banner Witcoff didn't immediately respond to requests for comment. Knobbe declined to comment.

Finnegan has more than 330 professionals focused on IP, according to its website.

Many law firms across the country implemented salary cuts, furloughs or layoffs in the late spring and summer, anticipating economic fallout due to the pandemic. Some firms have since begun to fully or partially walk back pay reductions for lawyers and staff, including Fox Rothschild, Norton Rose Fulbright, Dentons and Holland & Knight.

Several firms, such as Hogan Lovells and Orrick have also said they will restore pay for some lawyers retroactively.