When do NYC firms give advances to new hires? Forum
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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.
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Anonymous User
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When do NYC firms give advances to new hires?
I'm a 3L and I will be graduating in May and starting at a firm in early October. I know my firm offers incoming associates an advance to help with costs after graduation. It's only February so I don't want to ask them about it just yet. But does anyone know when NYC firms usually offer advances to new hires? Right after graduation? Right after the bar? Thank you.
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desertlaw
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Re: When do NYC firms give advances to new hires?
Depends on the firm. Mine is sometime in April, I think. Just e-mail the cool recruiting lady/dude from your summer experience and I'm sure they'll give you an answer.
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thesealocust
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Re: When do NYC firms give advances to new hires?
At least some firms do 3 months before your start date.
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Anonymous User
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Re: When do NYC firms give advances to new hires?
Started in September, got my stipend in May.
I spent it all in a day.
I spent it all in a day.
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Anonymous User
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Re: When do NYC firms give advances to new hires?
Mine has two options for advances: one in March and one in June, but you have to ask for it. I guess my question is whether or not there's a point to even taking it. My gut says no since I don't really spend all that much money, but I'm trying to think if there's a reason to take it (they're paying BarBri/Bar Exam costs, moving expenses, etc. so I guess I don't see the point).
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kryptix
- Posts: 209
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Re: When do NYC firms give advances to new hires?
Remember time value of moneyAnonymous User wrote:Mine has two options for advances: one in March and one in June, but you have to ask for it. I guess my question is whether or not there's a point to even taking it. My gut says no since I don't really spend all that much money, but I'm trying to think if there's a reason to take it (they're paying BarBri/Bar Exam costs, moving expenses, etc. so I guess I don't see the point).
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IrwinM.Fletcher
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Re: When do NYC firms give advances to new hires?
Yep- if it's interest-free, why not? Better to have it just in case something comes up.kryptix wrote:Remember time value of moneyAnonymous User wrote:Mine has two options for advances: one in March and one in June, but you have to ask for it. I guess my question is whether or not there's a point to even taking it. My gut says no since I don't really spend all that much money, but I'm trying to think if there's a reason to take it (they're paying BarBri/Bar Exam costs, moving expenses, etc. so I guess I don't see the point).
