There are some HUGE law firms in this country but they are having economic issues just like the rest of us. But they've got a problem because most extended job offers last year for first year associates to begin this fall. It's a problem because now they realize they don't have any work for those newbies to do.
So what did one monster firm in NYC do this week? It sent a letter to all those new hires and told them if they want to take a year off before their starting their employment, that's fine with them. But here's the kicker: They'll pay them $80,000 for that year, provide them medical coverage, and throw in a $1,000 a month to help with student loans. And all they have to do is sit home and watch Jerry Springer and eat bon bons.
Oh, my.
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6.12.2009
As We Balance Our Check Books This Weekend
There are some HUGE law firms in this country but they are having economic issues just like the rest of us. But they've got a problem because most extended job offers last year for first year associates to begin this fall. It's a problem because now they realize they don't have any work for those newbies to do.
So what did one monster firm in NYC do this week? It sent a letter to all those new hires and told them if they want to take a year off before their starting their employment, that's fine with them. But here's the kicker: They'll pay them $80,000 for that year, provide them medical coverage, and throw in a $1,000 a month to help with student loans. And all they have to do is sit home and watch Jerry Springer and eat bon bons.
Oh, my.
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14 comments:
Good for those kids! Wish I were one of them.
The good times aren't really over for good.
Merle By Gawd Haggard
So SO insane. To you non-lawyers out there, just know that this news is greeted as a sign of disaster in the legal industry. $80,000 a year to do nothing, and a guaranteed job after it, is a DISASTER for the legal industry. Seriously.
Do you have any idea why my TV is only showing snow and noise?
Today all TV's broadcast went digital meaning you will have to get a convert box if you're still using a regular outside TV antenna.
1:59...could be X-GAMES on ESPN ??
1:52: why?
This just shows that Lawyers have way too much money to throw around. And charge way too much!
Makes all you Wise County trash wish you had gone to school doesn't it?
2:27, incorrect. Not an antenna issue. It's a TV issue.
Name any other type of business that could afford to do this.
But 80 grand is not enough to live on in NYC.
I agree with you 7:54. With 80 grand you might be able to afford a one bedroom apartment. However, if you live in town, you don't need a car.
For a Texan, no vehicle would feel like no freedom!!!
Mama encourage your babies to be lawyers. Then when they grow up they can take care of you so the government won't have to.
Nice Republican idea.
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