Biglaw, Bonuses, Clerkships, Money, Skaddenfreude, Willkie Farr

Clerkship Bonus Watch: Covington (New York), Willkie, and a List of Shame

Covington Burling LLP logo Abovethelaw Above the Law blog.JPGSome good news for law clerks heading to the New York office of Covington & Burling after their clerkships. A source at the firm directed us to check out this updated section of their website:

We reward judicial clerks who come directly to the firm following their clerkship(s) with credit for purposes of both salary and partnership consideration, together with a $50,000 bonus for one clerkship and a $70,000 bonus for two clerkships for those who have clerked for a federal judge, or for the highest court in any state or the District of Columbia.

So add a new member to the $50K/$70K Club. But note that Covington is taking the Ropes & Gray approach: the new and improved clerkship bonuses are paid out in New York only. In Washington and San Francisco, the firm still pays a $35,000 clerkship bonus.
Update: Also noteworthy, per a commenter: “This is different from the other $70K bonuses in that it only applies to people with two-clerkships, rather than one two-year clerkship.”
In addition, we’ve heard a rumor that Willkie Farr & Gallagher has raised its clerkship bonus to $50,000. But we haven’t seen the email, and Willkie’s website and NALP form don’t reflect this info. If you can confirm, please drop us a line.
A “List of Shame” for top firms paying below-market clerkship bonuses, after the jump.


We thank this commenter for compiling the list appearing below (which we’ve updated with the Covington info).
1. Wachtell ($0)
8. Latham ($35k)
10. Kirkland ($35k)
11. Covington ($35k outside NY)
14. Wilmer ($35k)
15. Shearman ($15k)
16. Sidley ($35k)
17. Williams & Connolly ($25k)
18. Gibson ($35k)
19. Arnold ($15k $35k)
20. OMM ($35k)
22. Jones Day ($35k)
23. MoFo ($35k)
24. Hogan ($35k)
25. Ropes & Gray ($35K outside NY but $70K for 2yr clerkship)
Further Update: We’ve confirmed that Arnold & Porter is up to $35,000.
If you notice any errors in this list, please email us (subject line: “Clerkship Bonus”). Thanks.

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