Orrick, Herrington & Sutcliffe announced Monday it would freeze salaries for its nearly 670 associates, according to Law.com. The law firm cited the current challenging business environment.

The published report said that in a memo sent out yesterday, the firm announced that associates in the United States, Europe and Asia will receive the same salary in 2009 as they did this year. Orrick Chairman Ralph Baxter said that the decision is part of an effort by Orrick to adapt to the significantly changed business environment that the market will be operating in 2009.

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