Biglaw, Bonuses, Clerkships, Money, Skaddenfreude

Clerkship Bonus Watch: Ropes & Gray to $50K

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Yes, that’s right. In its New York office, Ropes & Gray has upped its clerkship bonus to $50,000 (and $35,000 in its other offices). If you have two years of clerkship experience, you’ll get $70,000 — no matter what office you’re in.
From the firm website:

Our annual salary for first-year associates, in all of our offices, is $160,000. Associates joining Ropes & Gray from one or two years of clerking are treated as members of their law school class for compensation purposes. Associates joining our New York office receive a bonus of $50,000 if they clerked for one year and $70,000 for two years of clerking; associates joining our other offices receive a bonus of $35,000 if they clerked for one year and $70,000 for two years of clerking.

We haven’t heard much clerkship bonus news lately. If you know of a move that we haven’t previously reported on, please email us. Thanks.
Compensation & Benefits [Ropes & Gray]

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