Buchanan Ingersoll & Rooney, Salary Freeze

Nationwide Salary Freeze Watch: Buchanan Ingersoll, and a New Round-up

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After yesterday’s staff layoff news, it may come as no surprise that Buchanan Ingersoll & Rooney is the latest firm to freeze associate salaries for 2009. From a tipster there:

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.

Better a freeze than a lay-off, we say. We’ve updated the list of firms that have chosen not to institute class year raises. The list is now 47-firms strong. Check it out, after the jump.


Here is the list of firms that have frozen salaries at 2008 levels for 2009, or until further notice. Send us updates at tips@abovethelaw.com.

Solid Ice Freeze (2009 salaries will remain at 2008 levels)

Allen & Overy

Sponsored

Akerman Senterfitt

Arent Fox

Ballard Spahr

Blank Rome

Bryan Cave

Sponsored

Buchanan Ingersoll

Carter Ledyard & Milburn

Cooley

Dickstein Shapiro

DLA Piper

Freshfields

Goodwin Procter

Hogan & Hartson

Latham & Watkins

Morgan Lewis

Morrison Foerster (except New York associates, who will receive class year raise in their January 2010 bonus)

Orrick

Perkins Coie

Pillsbury Winthrop (for associates who billed less than 1800 hours)

Seyfarth Shaw

Sheppard Mullin

Squire Sanders

[Update: 12:35 p.m.] Steptoe & Johnson

Sutherland

Townsend

Wilson Sonsini

The Slurpee Freeze (2009 salaries will remain at 2008 levels… for now)

Alston & Bird

Andrews Kurth

Arnold & Porter

Baker & McKenzie (will revisit June 30)

Bingham McCutchen

Chadbourne & Parke

Dorsey & Whitney

Fish & Richardson

Fulbright & Jaworski (will revisit after the first quarter)

Katten Muchin

K&L Gates (will revisit in July)

Haynes and Boone

Mayer Brown

McDermott Will & Emery (will revisit in March)

Patton Boggs

Sidley Austin (will revisit “sometime” in the first quarter)

Sonnenschein

Venable

Winston & Strawn

Womble Carlyle (will revisit mid-year)

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