Tag Archive | "associate deferrals"

Chadbourne Tells Deferred Associates to Look Elsewhere

Thursday, March 18, 2010

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Chadbourne Tells Deferred Associates to Look Elsewhere

Chadbourne & Parke revealed yesterday that 11 of its 2009 first-year associates, which had been deferred to a 2010 start date, will not be offered jobs with the firm. In a statement provided to Above the Law, the firm said it is unable to expand its first-year class even with the brightening economic outlook. “Despite improving economic [...]

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McDermott Will & Emery Issue More Deferrals

Tuesday, December 8, 2009

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McDermott Will & Emery Issue More Deferrals

McDermott Will & Emery associates were supposed to start work in January, but many are now being deferred again. Details are still sketchy, and it appears that no firm dates have been given yet. Associates will be brought in when their respective practice groups need them. In the meantime, they will draw [...]

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Voluntary Deferral Extension at Mayer Brown

Monday, December 7, 2009

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Voluntary Deferral Extension at Mayer Brown

The incoming class of associates at Mayer Brown is scheduled to begin work in January after being deferred back in April. Later that same month the firm offered voluntary extension to October of 2010 with a $5000 per month stipend plus benefits, along with assistance securing public service experience in the meantime. Now [...]

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Chadbourne & Parke Restoring Salaries

Monday, November 30, 2009

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Chadbourne & Parke Restoring Salaries

In April, Chadbourne & Parke cut associate salaries and promised that some or all of the money would be returned based on each associates contribution to the firm. Now it appears that all of the money cut from salaries will be restored in a lump sum payment in early 2010. On the one [...]

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Hard Times at Seyfarth Shaw

Friday, November 20, 2009

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Hard Times at Seyfarth Shaw

Seyfarth Shaw has told half of its deferred associates that they will not be starting in January as planned. Instead, they are being redeferred to October 2010, and will receive a stipend of $2000 dollars per month starting in January. If that wasn’t enough bad news, Seyfarth is also cutting the salaries of [...]

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Winston & Strawn Pushes Back Start Dates for Deferred Associates

Tuesday, November 3, 2009

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Winston & Strawn Pushes Back Start Dates for Deferred Associates

Winston & Strawn’s class of 2009 associates were deferred back in April, and were scheduled to begin mid January of 2010. Now the firm has pushed those start dates back again. The class is being divided into three groups starting at different times. The lucky ones will begin in February, and the [...]

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New Round of Deferrals at Sidley Austin

Monday, November 2, 2009

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New Round of Deferrals at Sidley Austin

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 [...]

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Chadbourne Defers Half its Incoming Associates

Monday, September 28, 2009

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Chadbourne Defers Half its Incoming Associates

Half of the incoming class of associates at Chadbourne & Parke have been deferred indefinitely. The firm will pay the deferred associates an additional stipend of $60,000. This deferral comes on top of salary cuts in April and layoffs in March. New York’s Chadbourne & Parke LLP, founded in 1902 by Thomas L. Chadbourne, employs 400 [...]

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