Which firms don't have clawback or vesting clauses for their clerkship bonuses?

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Absconder

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Which firms don't have clawback or vesting clauses for their clerkship bonuses?

Postby Absconder » Mon Nov 02, 2015 11:55 am

Federal judicial clerk here, looking at my post-clerkship options. Which firms don't have clawback/vesting clauses in their offers that make you give back your clerkship bonus if you don't stick around for a year? For instance, I hear at Sullivan & Cromwell you can peace out essentially the day after you get your first paycheck, with the only consequence being they'll never hire you again.

davidagnew

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Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?

Postby davidagnew » Sat Apr 23, 2016 9:03 pm

So what'd you find out / do?

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sundance95

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Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?

Postby sundance95 » Mon Apr 25, 2016 3:30 pm

this question + your screenname = unintentional irony?

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Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?

Postby Anonymous User » Thu Apr 28, 2016 12:52 am

Also interested in OP's question. Specifically, if I expect 6 to 8 months of firm time between finishing my district court clerkship and starting my appellate, would I have to worry about the firm clawing back the $50k?

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Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?

Postby Anonymous User » Mon May 23, 2016 3:13 pm

Bumping this thread. If your clerkship bonus is subject to a clawback clause, is this usually acknowledged in writing when you join the firm post-clerkship?

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Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?

Postby Anonymous User » Thu May 26, 2016 2:28 pm

I had offers from two firms. One included the clawback policy in the paperwork that accompanied the offer my 3L fall. The other didn't include those details until they sent me paperwork on start date etc. during the spring of my clerkship. I already knew the information, of course, because I just asked HR what the policy was. You should too.



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