"At least 15 Am Law 100 firms are offering first-year associates as much as $50,000 if they commit to 2L summer associate programs, which some say is costing large law firms more money in recruitment programs."
"Melissa Hart expressed ethical concerns regarding these bonuses, citing Model Rule 5.3 and Model Rule 5.6 of the ABA Model Rules of Professional Conduct, which address supervising lawyers and nonlawyers."
"Hart described the situation as a 'regulatory question,' suggesting that paying someone not to work at certain jobs could be seen as a restriction on practice that may not be ethically permissible."
Fifteen Am Law 100 firms are providing signing bonuses of up to $50,000 to first-year associates who commit to their 2L summer associate programs. Simpson Thacher & Bartlett offers a $50,000 stipend for public interest law, while Quinn Emanuel Urquhart & Sullivan provides $25,000 for public interest work and another $25,000 after completing the firm's 2L summer program. Concerns have been raised about the ethical implications of these bonuses, particularly regarding restrictions on practice as outlined in ABA Model Rules.
Read at ABA Journal
Unable to calculate read time
Collection
[
|
...
]