Law360, New York (July 02, 2009) -- Blank Rome LLP announced Thursday that it would be cutting new associate salaries by $15,000 in five offices and more senior associate salaries by 2 percent to 10 percent, blaming unfavorable market conditions.
The starting salary for new associates will be reduced from $160,000 to $145,000 in New York; from $145,000 to $130,000 in Philadelphia and Princeton, N.J.; and from $150,000 to $135,000...
