From a little bird, er, law clerk:
A friend going to Dechert in Philly informed me that this year’s incoming class is receiving a $50k clerkship bonus.
Hearsay? Sure. But we then checked the Dechert website, which provides official confirmation:
Judicial Clerkship Bonus
Effective September 2007, we will pay a $50,000 clerkship bonus to incoming associates who join the firm upon completion of a federal court clerkship.