Cravath Changes Course on Deferred Associates

Cravath, Swaine & Moore informed incoming associates that some of them can begin their employment with the firm this fall, one year sooner than originally planned. Hiring partner Rowan Wilson said in an email, “those who have not yet committed to something else for 2010-11, if they are interested in starting at Cravath in2010, we will be able to take some of them.”

Last June the firm announced delayed start dates for 120 incoming associates and in exchange each one received a monthly stipend of $65,000. How many associates the firm will take on this fall has not been decided. If too many associates decide to begin in the fall a lottery will be held by the firm to select associates.

Cravath, Swaine & Moore is a general practice firm with 500 attorneys in two offices. Founded in 1819, the firm is headquartered in New York City.