Corrs has delayed the start dates for its 2009 recruits, paying stipends of US$1,740 each.
In March, the firm implemented a firm-wide salary freeze. There may be individual exceptions, and the firm stressed that the pay freeze is not performance related.
Corrs Chambers Westgarth is an Australian commercial law firm founded in 1841. It has offices in Sydney, Melbourne, Brisbane, and Perth. The firm acts for clients internationally, and has links with law firms throughout Asia, the Americas, Middle East and Europe.
Corrs employs over 950 attorneys.