Washington, DC-based Hogan & Hartson has joined the ranks of law firms offering a $75,000 stipend to extend the deferrals of incoming associates, in this case to December 2010. The stipend will be paid this September. Associates who choose the plan will be able to start at the end of 2010, if they pass the bar. Deferred [...]
Continue reading...Wednesday, May 6, 2009
Morrison & Foerster has informed 40% of its incoming associate class that their start date has been pushed to April 2010. The remainder will start in November 2009. Those deferred will get $5,000 per month plus a bar stipend, and reimbursement of health care premia. Also, new associates can opt to join at an even later date [...]
Continue reading...Tuesday, May 5, 2009
Dewey & LeBoeuf, which in March deferred start dates for its 2009 incoming class to January 2010, has now announced a new year-long deferral program called “DL Pursuits.” Associates who sign on for the plan will get one-third of their salary, full medical, $1,000 in student loan repayment, and bar fees. First year associates can take the [...]
Continue reading...Thursday, April 23, 2009
Bingham McCutchen, which ousted 16 attorneys and 23 staff last month, has deferred its incoming associate class to January, 2010. Deferred associates will receieve a standard $10,000 bar stipend and a $10,000 deferral stipend. They will also be offered a $10,000 salary advance. Bingham McCutchen LLP is an international law firm with approximately 1,000 attorneys in 11 [...]
Continue reading...Tuesday, April 14, 2009
Sources on the blawgosphere report that Seattle’s Davis Wright Tremaine has cut associate salaries by 5%. The cut affects all class years. Davis Wright is also pushing back start dates of its incoming associates to January 2010. A bar stipend of $7,500 has been offered. Established in 1908, Davis Wright Tremaine LLP has offices in Washington, Oregon, [...]
Continue reading...Monday, April 13, 2009
WilmerHale is deferring start dates for its 2009 associate class. Some associates will be deferred to January 20th, 2010, and others to March 17th of that year. January associates will get a $10,000 deferral stipend on top of their $5,000 bar stipend. March associates will get a $15,000 bar stipend. Funny, if you do the math, there [...]
Continue reading...Monday, April 13, 2009
According to online sources, Winston & Strawn has pushed back 2009 incoming associate start dates to January 19th, 2010. Deferred associates will receive an additional $15,000, in addition to their $10,000 bar stipend. The firm will provide health care benefits to its incoming associates, starting this September. Winston & Strawn LLP was founded in Chicago in 1853. [...]
Continue reading...Friday, April 3, 2009
New York’s Shearman & Sterling will defer its 2009 associate class. From the memo: In light of current economic conditions and the reduced activity in some of our practices, the firm is facing the challenge that it will be unable to offer all our incoming Class of 2009 associates the quality and breadth of work that we [...]
Continue reading...Monday, March 30, 2009
Atlanta-based Alston & Bird is deferring start dates for incoming associates. Summer programs are being reduced to nine weeks. Entering associates will be deferred to January, 2010. There will be a $10,000 stipend offered. Those interested in a one-year public service or pro bono fellowship will get payments of $500 per month. Alston & Bird will be [...]
Continue reading...Friday, March 27, 2009
Yesterday, Edwards Angell announced the layoffs of 25 lawyers and 35 staff, or 15% of the firm’s workforce. Today the firm announced will delay the start dates for its incoming first year associates to March 1, 2010. Deferred first years will get a $10,000 stipend plus bar expenses. The firm has also canceled its 2009 summer associate program. [...]
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Saturday, May 9, 2009
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