Talent War Brings About Awesome New Perk: This Firm Will Help You Pay Off Your Law School Loans
Will other law firms start offering law school debt repayment assistance programs like this?
We wanted to differentiate ourselves in the marketplace. We know that debt is on the mind of early career attorneys. We want to let them know they are valued and that this is a benefit of being an associate of our firm. I know how debt really factors into career decisions. I’m so glad Graydon is willing to be nimble and do things differently.
— Mina Jones Jefferson, Chief People Officer of Graydon, a midsize firm in the Midwest, commenting on the firm’s new student loan repayment program. Graydon will pay $400 per month of an associate’s law school debt for as long as they remain at the firm. All payments will go directly to associates, and is in addition to regular salary. The firm will continue to provide loan payments until an associate becomes a partner.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
