Page 1 of 1
Which firms don't have clawback or vesting clauses for their clerkship bonuses?
Posted: Mon Nov 02, 2015 11:55 am
by Absconder
Federal judicial clerk here, looking at my post-clerkship options. Which firms don't have clawback/vesting clauses in their offers that make you give back your clerkship bonus if you don't stick around for a year? For instance, I hear at Sullivan & Cromwell you can peace out essentially the day after you get your first paycheck, with the only consequence being they'll never hire you again.
Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?
Posted: Sat Apr 23, 2016 9:03 pm
by davidagnew
So what'd you find out / do?
Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?
Posted: Mon Apr 25, 2016 3:30 pm
by sundance95
this question + your screenname = unintentional irony?
Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?
Posted: Thu Apr 28, 2016 12:52 am
by Anonymous User
Also interested in OP's question. Specifically, if I expect 6 to 8 months of firm time between finishing my district court clerkship and starting my appellate, would I have to worry about the firm clawing back the $50k?
Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?
Posted: Mon May 23, 2016 3:13 pm
by Anonymous User
Bumping this thread. If your clerkship bonus is subject to a clawback clause, is this usually acknowledged in writing when you join the firm post-clerkship?
Re: Which firms don't have clawback or vesting clauses for their clerkship bonuses?
Posted: Thu May 26, 2016 2:28 pm
by Anonymous User
I had offers from two firms. One included the clawback policy in the paperwork that accompanied the offer my 3L fall. The other didn't include those details until they sent me paperwork on start date etc. during the spring of my clerkship. I already knew the information, of course, because I just asked HR what the policy was. You should too.