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Blank Rome Cuts Starting Associate Salaries

Blank Rome is cutting starting salaries for incoming associates.

The rundown is as follows:

New York City: $145,000, down from $160,000
Philadelphia & Princeton: $130,000, from $145,000
Wilmington & Washington DC: $135,000, from $150,000

Associates already with the firm will see their pay cut between 2% and 10%.

The new salaries go into effect in two weeks.

Blank Rome LLP is the 84th largest law firm in the US according to the AmLaw 100. It employs about 500 at its eight offices in the US and Kong Kong.

Erik Even: