Sidley Austin has announced its plans for the class of 2010. Some of the associates will be starting in January of 2011, with the remainder being deferred until January 2012. Yes, that’s a year and a half after graduation. All associates from the class of 2010 will receive health insurance from the firm beginning in June of 2010 and associates deferred until 2011 will draw a stipend beginning in January of 2010.
Presumably, setting fire to things in the meantime will not help.
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[...] Sidley Austin has already announced the deferral of the class of 2010… [...]
[...] I don’t know if you’ve read the paper recently, but U.S. unemployment rates have hit 10.2%, the highest in 26 years, with the legal sector losing 5800 jobs in October alone. More banks have been taken over by the government, nine on October 30th alone, bringing the total to 115 (and growing). California has raised the withholding tax on personal incomes, raised sales taxes, and while property values went down in the state, everyone’s property taxes seemed to go up this year. And, law firm layoffs and deferrals continue. [...]
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