A tipster tells Above the Law that, four days after laying off staff positions, Buchanan Ingersoll is freezing associate salaries.
Buchanan Ingersoll announced a salary freeze for 2009 for all associates except “unusual” cases, e.g., laterals who were brought in at what is now perceived to be slightly undermarket salaries last year may get bumped a little. Several other raises on a case-by-case basis, but they will be few.
If you have any details about this salary freeze, please let us know!
Buchanan, Ingersoll & Rooney PC is a law firm and lobbying group based in Pittsburgh, Pennsylvania. The firm has over 500 lawyers in sixteen offices nationwide, and was ranked 82nd on the National Law Journal’s 2008 list of the 250 largest law firms in the United States.
Via ATL.