More firms are pushing back the start dates of incoming first year associates. This weekend, we learned that Winston & Strawn has pushed back start dates to January 19th, 2010. Deferred associates will receive an additional $15,000 on top of their $10,000 bar stipend. The firm is also picking up health care for its incoming associates, starting in September.
We learned today that Baker & McKenzie has also pushed back start dates to January 2010. As we understand it, the firm is not offering any additional stipend other than what they normally pay out for bar expenses.
WilmerHale also announced a start date push back. According to a firm-wide memo:
As is our normal practice, we will have more than one start date. A portion of the class will start on January 20 and the remainder will start on March 17. To determine the group that will start on each date, Legal Personnel and Recruiting will work with department and practice group leaders to balance the stated interests of the incoming associates with the various needs of departments, practice groups and offices.
Those starting in January 2010 will receive a $10,000 deferral stipend on top of a $5,000 bar stipend, while the March 2010 first years will receive a $15,000 bar stipend.
But WilmerHale is also encouraging associates to take a full year off:
We also informed our incoming associates that they may defer their start dates until the fall of 2010 for a stipend in the amount of $75,000. This deferral is entirely at the option of the individual incoming associate and is not tied to his or her ability to obtain a pro bono or other public service position.
The WilmerHale deferral stipend is right at the top of the Latham-led market for these optional year-long programs. But its stipend for people being forced to start in January or March is a little on the low end.
Baker, Winston, and WilmerHale are announcing their programs late in the game. We’ll have to see if the delay puts incoming associates heading to the these firms at a disadvantage in terms of post-bar exam options.
After the jump, we check in on Sonnenschein’s late breaking, long-term deferral.
Continue reading “Nationwide Start Date Watch: Winston & Strawn, WilmerHale, Baker & McKenzie, and Sonnenschein Delay Start Dates”