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Buchanan Ingersoll & Rooney, which in April deferred start dates for first-year associates to February 2010, will cut all associate salaries between 5% and 10%.
It is unclear if the salary cuts, which affect all class years, will be based on a billable hours requirement.
The firm says some associates will get higher or lower cuts based on “individual circumstances,” but did not elaborate on what this means.
Buchanan, Ingersoll & Rooney PC is a large US 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.
