In case any of you were wondering, last Friday’s news about Weil Gotshal clerkship bonuses has been officially confirmed. Here’s a statement from a firm spokesperson:

“Weil will pay $50K for a one-year state or Federal clerkship and $70K (i.e., the current amount) for a two-year clerkship.”

So there you have it, from the horse’s mouth. And there’s the answer to this commenter’s question: “Is that flat, or does Weil still double for two years?”
Okay, so Weil won’t give you $100K for two years of clerking experience. But $70,000 is still, as far as we know, the top of the market for two clerkships or years of clerking. Three cheers for Weil — and Cravath, which also pays $70,000 for two clerkships.
Does anyone know what S&C, Simpson, Paul Weiss, and Cleary Gottlieb — the other members of the $50K Club — pay for multiple clerkships or years of clerking? If so, please email us. Thanks.