Chances that clerkship bonuses increase

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anodyne

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Chances that clerkship bonuses increase

Postby anodyne » Tue Sep 13, 2016 9:44 pm

So... this year's salary bump is great and all, but it does increase the opportunity cost of clerking by 20k for a first year. Obviously, other incentives still strongly point towards taking a clerkship, so I doubt this increased opportunity cost is going to really change behavior in anyway. But still...if firms were trying to make the raise truly across the board, it seems like a bonus increase would be in order. Any word on anything of the sort (other than Quinn)?

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jbagelboy

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Re: Chances that clerkship bonuses increase

Postby jbagelboy » Wed Sep 14, 2016 12:56 pm

Susman increased their clerkship bonus to $80,000. Since everyone at the firm has to do a federal clerkship, every entering associate receives an $80k bonus. Fun.

I can only think of a handful of firms that would be motivated to increase their clerkship bonuses in light of Susman, and maybe a few more considering Quinn + Susman. Certainly not enough to budge the $50,000 standard across the board.

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Re: Chances that clerkship bonuses increase

Postby Anonymous User » Wed Sep 14, 2016 9:16 pm

jbagelboy wrote:Susman increased their clerkship bonus to $80,000. Since everyone at the firm has to do a federal clerkship, every entering associate receives an $80k bonus. Fun.

I can only think of a handful of firms that would be motivated to increase their clerkship bonuses in light of Susman, and maybe a few more considering Quinn + Susman. Certainly not enough to budge the $50,000 standard across the board.


Wow that was some pretty uncanny timing after my post. Let's hope this builds some momentum.

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ArtistOfManliness

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Re: Chances that clerkship bonuses increase

Postby ArtistOfManliness » Tue Sep 20, 2016 12:13 am

I doubt it.



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