Fifty-five percent of participants in an online seminar on associate compensation last week believe associate salary cuts are temporary.

But the two Altman Weil consultants presenting the webinar said lower salaries are here to stay. They are part of a “fundamental and profound reset” after two decades of “steady, sometimes spectacular growth” for the legal profession, said Pamela H. Woldow, who advises firms on getting work from in-house legal departments.