Legislation Companies
Silicon Valley-based legislation agency offers associates the choice of one-year deferred begin dates with stipend cost
Cooley is providing some incoming company associates the choice of deferring begin dates for a yr in change for a $100,000 stipend.
Cooley has already pushed back start dates for all new associates till January 2024. The Silicon Valley-based legislation agency confirmed the brand new elective begin date for first-year company associates to Law.com and Bloomberg Law.
Cooley can be reassigning some company associates who start work in January to busier practices.
Cooley mentioned it made the choice due to “present market circumstances,” in keeping with statements supplied to Legislation.com and Bloomberg Legislation.
“We proceed to be centered on making certain that each one our associates have the chance to obtain significant growth alternatives all through their tenure with us,” the assertion mentioned.
