There are some HUGE law firms in this country but they are having economic issues just like the rest of us. But they've got a problem because most extended job offers last year for first year associates to begin this fall. It's a problem because now they realize they don't have any work for those newbies to do.
So what did one monster firm in NYC do this week? It sent a letter to all those new hires and told them if they want to take a year off before their starting their employment, that's fine with them. But here's the kicker: They'll pay them $80,000 for that year, provide them medical coverage, and throw in a $1,000 a month to help with student loans. And all they have to do is sit home and watch Jerry Springer and eat bon bons.
Oh, my.
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6.12.2009
As We Balance Our Check Books This Weekend
There are some HUGE law firms in this country but they are having economic issues just like the rest of us. But they've got a problem because most extended job offers last year for first year associates to begin this fall. It's a problem because now they realize they don't have any work for those newbies to do.
So what did one monster firm in NYC do this week? It sent a letter to all those new hires and told them if they want to take a year off before their starting their employment, that's fine with them. But here's the kicker: They'll pay them $80,000 for that year, provide them medical coverage, and throw in a $1,000 a month to help with student loans. And all they have to do is sit home and watch Jerry Springer and eat bon bons.
Oh, my.