Stub Year Bonus Post-Clerkship With Class Year Credit

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.
Anonymous User
Posts: 309239
Joined: Tue Aug 11, 2009 9:32 am

Stub Year Bonus Post-Clerkship With Class Year Credit

Postby Anonymous User » Sat Dec 07, 2013 5:10 pm

I'm trying to do some financial planning, and had a question I was hoping someone could answer from experience. I understand there may be variation among firms. I'm just trying to get a sense of the various likelihoods if that's the case.

If you clerk for a year, and then go to a firm that gives class credit, what end-of-year bonus should you plan for in the year that you join the firm? (assuming in the fall, post-clerkship) Is it correct to assume that you'll be paid a prorated "true" first-year associate bonus? (i.e., this year, approximately $2,500) Or is it possible that you would get paid "with" your class year and therefore get a full "true" first-year associate bonus, i.e., $10,000?


Posts: 1333
Joined: Mon Dec 28, 2009 12:58 pm

Re: Stub Year Bonus Post-Clerkship With Class Year Credit

Postby BenJ » Sun Dec 08, 2013 11:10 am

I'm sure this is something that varies firm-to-firm. However, if you're going to a lockstep firm, I think you'd probably get the full bonus with your class (even if its lockstep with a minimum hour requirement that you couldn't possibly meet in your stub year). If you're at a firm with merit bonuses, who knows.

User avatar

Posts: 1110
Joined: Sun Feb 08, 2009 5:52 pm

Re: Stub Year Bonus Post-Clerkship With Class Year Credit

Postby Dignan » Mon Dec 09, 2013 11:05 am

I'm familiar with the practices of a couple of firms. Both firms treat clerks as if they are new associates with no experience for the purposes of the stub year bonus, even though those same clerks are paid as second-year associates during their first full year.

Return to “Legal Employment�

Who is online

The online users are hidden on this forum.