Above-Market Clerkship Bonuses in New York Biglaw

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Above-Market Clerkship Bonuses in New York Biglaw

Postby Anonymous User » Sat Sep 29, 2018 2:57 pm

Does anyone know if any big law firms in New York, aside from boutiques, pay higher-than-market clerkship bonuses? Per my understanding, the market bonus is $50,000 for one clerkship and $70,000 for two clerkships. Boutiques like Quinn, Susman, etc. publicly pay above-market clerkship bonuses, but I've heard through the grapevine that some non-boutique law firms in New York may also quietly pay above-market clerkship bonuses to compete for candidates. I haven't, however, been able to determine what firms these are. Of course, I can't imagine these traditional firms match the well-above-market bonuses at some of these boutiques, but I can believe that they may quietly raise their own clerkship bonuses a bit to woo individual candidates who have other, above-market offers. Does anyone know (1) what firms, if any, have done so and (2) around how much they have increased their clerkship bonuses, albeit on a case-by-case basis? Thanks!

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