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How Accurate are Benefits on NALP Directory?

Posted: Fri Feb 27, 2015 7:39 pm
by Anonymous User
The reason I ask, is because I know that the vast majority of biglaw firms do not match 401k contributions. However, at one particular firm relevent to my interests, it lists "401(k)/IRA/Other Ret. Plan w/Employer Contribution" under the attorney benefits on the NALP form.

Are the benefits lists on NALP Directory accurate, meaning this firm is a special snowflake in regards to matching 401k, or should it be taken with a grain of salt?

Thanks in advance.

Re: How Accurate are Benefits on NALP Directory?

Posted: Fri Feb 27, 2015 8:19 pm
by dixiecupdrinking
Grain of salt. It's probably more likely that someone in the recruiting office checked the wrong 401(k) box on a form than that the firm actually matches. But it might.

Re: How Accurate are Benefits on NALP Directory?

Posted: Fri Feb 27, 2015 9:58 pm
by bdubs
There are so many things that entry could mean that aren't matching that it's kind of silly to assume that you would get a match. Even if it were a match it might only be for a very small amount of money.

Not saying it's not possible, just that the entry you read on NALP doesn't mean anything.

Re: How Accurate are Benefits on NALP Directory?

Posted: Wed Jan 13, 2016 11:23 am
by Anonymous User
my big law firm has a 5% match.

Re: How Accurate are Benefits on NALP Directory?

Posted: Wed Jan 13, 2016 1:06 pm
by Anonymous User
Trust but verify (after you get an offer). I just looked at the form for my firm and there are definitely a couple of benefits that might exist in some form or another but which no associate has gotten to take advantage of in a long time.

Re: How Accurate are Benefits on NALP Directory?

Posted: Thu Jan 14, 2016 11:04 pm
by majic1984
It clearly says "w/Employer Contribution". Not "w/ Employer Match". My firm contributes 5% to my 401K (as did someone else's firm above). The 5% is an employer contribution....