Summer Associates

Schulte Roth Feeling Good About 2011

schulte logo.JPGA tipster pointed us in the direction of Schulte Roth & Zabel’s Frequently Asked Questions page for its 2010 summer program. While other firms are canceling their 2010 summer programs entirely, Schulte seems quite optimistic about its summer program. Check out the firm’s answers to three key questions every 2L is wondering about:

Will you hire more summer associates than you expect to be able to make offers to?
We will hire the number of summer associates we want for our fall class starting in the fall of 2011.
What is your summer associate salary?
In 2009 summer our summer associates were paid a weekly salary of $3,077. The salary is based on the first-year associate annual salary of $160,000.
How many weeks will your 2010 Summer Program be?
Our 2010 summer program will be 11 weeks.

The 2009 summer program at Schulte was only eight weeks long. But the firm is already committing to an 11 week summer program for 2010. And at the firm is sticking to the $160K payscale, and it’s planning on making full offers.
Schulte Roth is ranked #77 on the most recent Vault list. Arent Fox — the firm that just revoked offers to a number of its incoming associates — is ranked #76.
People sitting on a summer offer from Schulte have to feel pretty good right now.
Earlier: Fall Recruiting Open Thread: Vault 71 – 80 (2010)

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