So many firms are cutting associate salaries in philly 😖 besides what’s being reported on above the law, anyone have any insight?

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I think some firms are using this as a way to trim the fat. Salaries have increased to a point where associates, especially first and second year, aren’t really profitable. So some firms are using this as an excuse to reduce salaries to where they are profitable. It’s definitely better than a lay off. Doesn’t make it easier to swallow. Those of us who were around in the late 2000s (around 2008-9) saw it as well.

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I mean, it’s better than the recession when everyone was fired.

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Pond Lehocky is going crazy.


They filed a WARN notice but rumor has it they’ve gone from over 200 employees to under 100. So it’s far more than the 30% reported.

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It really seems to only be big law though?

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