Bar Stipend - When Do We Get It & How Much?
Posted: Thu Dec 08, 2011 9:12 pm
My offer letter doesn't say. Does yours?
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If it's that ATL poast with listings by firm, IIRC, it's pretty old and outdated for some firms.BeenDidThat wrote:There's a link floating around here somewhere with a list of firms and their pre-employment perks.
Big Shrimpin wrote:If it's that ATL poast with listings by firm, IIRC, it's pretty old and outdated for some firms.BeenDidThat wrote:There's a link floating around here somewhere with a list of firms and their pre-employment perks.
To get the bar study stipend, BarBri reimbursement, and relocation fees, I had to sign an additional agreement that I would work for the firm for a certain amount of time. Otherwise, I would have to pay back those expenses plus interest.Anonymous User wrote:My firm hasn't yet mentioned anything about a bar stipend, and I don't see anything on the website. Plus, any data on the interwebs is pre-2009, so I'm not sure how accurate it is. Is a stipend standard, or could it just be an advance? Is there a current list anywhere?
How long is your commitment, if you don't mind my asking?Anonymous User wrote:To get the bar study stipend, BarBri reimbursement, and relocation fees, I had to sign an additional agreement that I would work for the firm for a certain amount of time. Otherwise, I would have to pay back those expenses plus interest.Anonymous User wrote:My firm hasn't yet mentioned anything about a bar stipend, and I don't see anything on the website. Plus, any data on the interwebs is pre-2009, so I'm not sure how accurate it is. Is a stipend standard, or could it just be an advance? Is there a current list anywhere?
18 months - I see this as a job guaranteed for 18 months, because, if the firm fires me, I don't have to pay back anything. This gives the firm some little incentive not to fire me.Anonymous User wrote:How long is your commitment, if you don't mind my asking?Anonymous User wrote:To get the bar study stipend, BarBri reimbursement, and relocation fees, I had to sign an additional agreement that I would work for the firm for a certain amount of time. Otherwise, I would have to pay back those expenses plus interest.Anonymous User wrote:My firm hasn't yet mentioned anything about a bar stipend, and I don't see anything on the website. Plus, any data on the interwebs is pre-2009, so I'm not sure how accurate it is. Is a stipend standard, or could it just be an advance? Is there a current list anywhere?
Because it's not highly publicized.xcountryjunkie wrote:I understand the ATL link is out of date, but it still makes me wonder why there's no "market" rate for this. Firms care so much about matching "market" for bonuses, but here they don't care about low-balling anyone. The difference between the most generous and the most stingy firm is huge ($18,461 + bar exam course + fees)!
Strange how the firms that offer substantial stipends don't use it as a selling point, especially as many of them exceed first-year bonuses.BeenDidThat wrote:Because it's not highly publicized.xcountryjunkie wrote:I understand the ATL link is out of date, but it still makes me wonder why there's no "market" rate for this. Firms care so much about matching "market" for bonuses, but here they don't care about low-balling anyone. The difference between the most generous and the most stingy firm is huge ($18,461 + bar exam course + fees)!
Realize this is old, but nice.Agent wrote:Big Shrimpin wrote:If it's that ATL poast with listings by firm, IIRC, it's pretty old and outdated for some firms.BeenDidThat wrote:There's a link floating around here somewhere with a list of firms and their pre-employment perks.
ATL: Associate Life Survey: Everything (Else) You Always Wanted To Know About Starting Bonuses But Were Afraid To Ask
Yea, they don't give stipends in such TTT markets.Anonymous User wrote:Anyone know anything about stipends in secondary markets? (Pittsburgh, Cincinnati, Cleveland, St. Louis, etc.)
Can't tell if joking.shmoo597 wrote:Yea, they don't give stipends in such TTT markets.Anonymous User wrote:Anyone know anything about stipends in secondary markets? (Pittsburgh, Cincinnati, Cleveland, St. Louis, etc.)
Anonymous User wrote:Realize this is old, but nice.
The rumor isn't quite as unsubstantiated as the chart says exactly that.Renzo wrote:Anonymous User wrote:Realize this is old, but nice.
I am only really familiar with the plans of three firms re. bar stipends and stub-year bonuses, but this thing is substantially wrong about two of them, so I'm not sure how useful it is.
Also, I can't vouch for the veracity of this at all, but if you enjoy unsubstantiated rumor: a classmate who is headed to GDC says they give a stipend in CA and a loan in NY, because the firm feels that's what the "market" is doing in both of those places.
This is true. I'm working in Chicago next summer at one of the big 5 (Kirkland, Sidley, Winston, Jenner, Mayer) and we get a 10k Bar stipend, while everyone I know working at NY firms (Cleary, Debevoise, STB) are getting a 10k Bar Stipend that is a SALARY ADVANCE.Renzo wrote:Anonymous User wrote:Realize this is old, but nice.
I am only really familiar with the plans of three firms re. bar stipends and stub-year bonuses, but this thing is substantially wrong about two of them, so I'm not sure how useful it is.
Also, I can't vouch for the veracity of this at all, but if you enjoy unsubstantiated rumor: a classmate who is headed to GDC says they give a stipend in CA and a loan in NY, because the firm feels that's what the "market" is doing in both of those places.
NY to $150,000!!!!Anonymous User wrote:This is true. I'm working in Chicago next summer at one of the big 5 (Kirkland, Sidley, Winston, Jenner, Mayer) and we get a 10k Bar stipend, while everyone I know working at NY firms (Cleary, Debevoise, STB) are getting a 10k Bar Stipend that is a SALARY ADVANCE.Renzo wrote:Anonymous User wrote:Realize this is old, but nice.
I am only really familiar with the plans of three firms re. bar stipends and stub-year bonuses, but this thing is substantially wrong about two of them, so I'm not sure how useful it is.
Also, I can't vouch for the veracity of this at all, but if you enjoy unsubstantiated rumor: a classmate who is headed to GDC says they give a stipend in CA and a loan in NY, because the firm feels that's what the "market" is doing in both of those places.
NY really gets screwed on this.