Biglaw May Soon See More Associate Deferrals
Associates might not be able to start their careers on time…
Associates might not be able to start their careers on time…
The firm is the first to defer start dates for incoming associates in 2024. Let's hope this doesn't turn into a trend.
As federal borrowing caps tighten financing options for law students, one organization is stepping in to negotiate the terms they can't secure alone.
Perhaps it was all for the good of the firm after all....
These firms will do anything to make more money.
And it seems like only some would-be associates will receive a stipend.
This is unwelcome news for those who expected to start working at the firm this fall.
Designed to reduce manual docket work by prioritizing what litigators need most: on-demand full docket summarization that explains the whole case to date, followed by on-demand document summaries for filing triage, and AI-powered natural language searching for faster search and retrieval.
This waiting game is not going to be pretty for law students.
Involuntary vacations abound.
Better late than never I always say.
The firm is also deferring its incoming associates.
The new generation of AI-related legal issues are inherently cross-disciplinary, implicating corporate law, intellectual property, data privacy, employment, corporate governance and regulatory compliance.
At this point, without any leverage, it might be a very good idea.
This is a very concerning trend for incoming associates.
We're beginning to wonder if any other Biglaw firms will be deferring incoming first-years.
The firm will be offering a stipend to its deferred associates.
Uh-oh. Which firm will be the next to announce?