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Biglaw’s FOMO Talent Anxiety Now Comes With $50K Signing Bonuses For 1Ls – Above the Law



Ed.
note
:
Welcome
to
our
daily
feature, Quote
of
the
Day
.


I’ve
talked
to
a
few
friends
whose
firms
wanted
to
hold
out,
but
they
felt
like
they
had
to
give
in
because
they
weren’t
getting
the
candidates
they
wanted
and
they
were
afraid
of
losing
out
to
other
firms.
[The
stipends
are]
a
signing
bonus
wrapped
up
in
public
interest.



— 
A
Biglaw
talent
professional,
in
comments
given
to

Law.com

under
the
condition
of
anonymity,
concerning
the

public
interest
stipends

for
1L
students
who
have
been
accepted
into
Biglaw
firms’
2L
summer
associate
programs.
At
least
15
Am
Law
100
firms
have
offered
students
amounts
ranging
from
$25,000
to
$50,000
as
a
way
to
retain
talent.





Staci
Zaretsky
 is
the
managing
editor
of
Above
the
Law,
where
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worked
since
2011.
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