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Paul Hastings Bar Stipend or Advance

Posted: Thu Aug 16, 2012 7:03 pm
by Anonymous User
Can any 4Ls going to work at PH tell me if they got a stipend or advance for bar study, and how much it was. Trying to do budgeting. Thanks!

Re: Paul Hastings Bar Stipend or Advance

Posted: Thu Aug 16, 2012 7:29 pm
by Anonymous User
Is the stipend something you have to pay back - I heard of someone getting an interest free loan from a firm.

Re: Paul Hastings Bar Stipend or Advance

Posted: Thu Aug 16, 2012 7:31 pm
by Anonymous User
Anonymous User wrote:Can any 4Ls going to work at PH tell me if they got a stipend or advance for bar study, and how much it was. Trying to do budgeting. Thanks!
$16,000 stipend (no requirement to pay it back, it's NOT a salary advance) with you being responsible for paying all bar costs (figure ~$4000 for BarBri/bar application fees), but it's still better than the majority of other firms. After taxes you end up pocketing around $10k, paid to you in the spring.

Re: Paul Hastings Bar Stipend or Advance

Posted: Thu Aug 16, 2012 8:28 pm
by Anonymous User
Anonymous User wrote:
Anonymous User wrote:Can any 4Ls going to work at PH tell me if they got a stipend or advance for bar study, and how much it was. Trying to do budgeting. Thanks!
$16,000 stipend (no requirement to pay it back, it's NOT a salary advance) with you being responsible for paying all bar costs (figure ~$4000 for BarBri/bar application fees), but it's still better than the majority of other firms. After taxes you end up pocketing around $10k, paid to you in the spring.
Thanks, appreciate it.