SCOTUS Clerk Bonuses

9th Circuit

Morning Docket: 09.17.12

* Come on, people, Dewey really think that it’s fair that these proposed partnership clawback settlements blame only us for the firm’s implosion? The Steves and ex-CFO Joel Sanders don’t think so. [Bloomberg] * “[E]ven if partners’ capital contributions were used to repay Dewey’s indebtedness—so what?” Well, that’s certainly one way to defend a suit alleging Citibank’s participation in a Ponzi-like scheme. [Am Law Daily] * A $280K bonus sure seems nice, but do all Supreme Court clerks choose life in Biglaw once they’ve completed their stints at the high court? As it turns out, the answer is no — some view the money as “golden handcuffs.” [Wall Street Journal] * Because nobody can ogle these crown jewels except Prince William: the royals’ potential suit against Closer magazine over topless pics of Kate Middleton has turned into full-blown privacy proceeding. [New York Times] * If you’re struggling in law school, it may be wise to take some advice from those who’ve been there before you, like SullCrom’s Rodge Cohen, the Ninth Circuit’s Chief Judge Alex Kozinski. [National Law Journal]

By Staci Zaretsky
Biglaw

Supreme Court Clerk Bonuses Are Heading Higher

As in past years, many of the October Term 2010 Supreme Court law clerks are joining private law firms -- which welcome them with six-figure signing bonuses. These bonuses are paid on top of base salaries reflecting their seniority, as well as the usual year-end bonuses. For the past few years, law firm signing bonuses for members of The Elect have hovered around $250,000. But this year, at least a few firms are offering even more. So how much are we talking about?

By David Lat
Bonuses

SCOTUS Clerkship Bonus Watch: Still at $250K?

The National Law Journal suggests that the down economy could be hitting the pockets of the Elect. Some firms are suggesting that the $250,000 bonus to hire a former Supreme Court clerk is just too expensive in today’s economy: At firms that have been shaken by the downturn, however, a $250,000 bonus will be hard […]

By Elie Mystal
Biglaw

Supreme Court Clerk Bonuses to $250K?

In our recent New York Times op-ed piece praising lavish signing bonuses for Supreme Court clerks, we wrote that the bonuses “are expected to reach $250,000 this year — paid on top of starting salaries approaching $200,000.” Some people have inquired into the factual basis for our statement. As it turns out, we did some […]

By David Lat