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Rumor: Ballard Spahr Cuts Associate Salaries

A rumor making the rounds in blogs today is that last week, Philadelphia’s Ballard Spahr cut associate salaries.

The average cut is said to be 14%, but the individual cut for each associate was personalized. Cuts are effective June 16th.

The firm will not confirm or deny the rumor. Which usually means it’s true.

Apparently, a firmwide meeting has been scheduled for this week to discuss the pay cuts.

Ballard Spahr Andrews & Ingersoll employs more than 550 lawyers in twelve offices located throughout the mid-Atlantic corridor and the western US.

Erik Even: