At an all associates meeting today, Covington & Burling announced a freeze on associate salaries for all offices other than New York. Although Covington’s associates are probably not thrilled with the news, things could be worse. If Covington can reign in costs without having to lower salaries or cut jobs, it puts them a step ahead of most firms.

Back in April, Covington & Burling’s Diversity Update included a statement that they had not frozen salaries. It took longer than a month, but now we can finally link back to it.

• Haynes & Boone Cut First Year Salaries
• Skadden Bonuses Match Cravath and Cleary
• Reed Smith Asks Non Equity Partners for a Tithing
• Cleary Gottlieb Follows Cravath on Bonuses
• We’re Doing This for Your Own Good… Really!

In March, the firm implemented a firm-wide salary freeze. There may be individual exceptions, and the firm stressed that the pay freeze is not performance related.

Corrs Chambers Westgarth is an Australian commercial law firm founded in 1841. It has offices in Sydney, Melbourne, Brisbane, and Perth. The firm acts for clients internationally, and has links with law firms throughout Asia, the Americas, Middle East and Europe.

Corrs employs over 950 attorneys.

• Salary Freeze at Covington & Burling
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• DLA Piper Defers its Deferred Associates
• Hall & Wilcox Hiring, May Increase Pay