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If generic biglaw cares at all about recruiting clerks, then it has to match this. There are increasingly more options for clerks outside of biglaw. And people aren’t just going to overlook a 75k difference. But frankly I don’t know that generic biglaw cares much about getting top litigation talent anyway, so I wouldn’t be surprised if few firms match. It’s kinda wild that most firms are still offering clerks the same signing bonus that they offered a decade ago.Anonymous User wrote: ↑Tue Mar 12, 2024 6:42 pmSince there does not seem to be any thread on this yet, I'll get it started:
https://abovethelaw.com/2024/03/cravath ... s-that-is/
Any chance other firms match?
Jenner is giving 70k for two federal clerkships. even if one is appellate.Anonymous User wrote: ↑Tue Mar 12, 2024 8:11 pmIf generic biglaw cares at all about recruiting clerks, then it has to match this. There are increasingly more options for clerks outside of biglaw. And people aren’t just going to overlook a 75k difference. But frankly I don’t know that generic biglaw cares much about getting top litigation talent anyway, so I wouldn’t be surprised if few firms match. It’s kinda wild that most firms are still offering clerks the same signing bonus that they offered a decade ago.Anonymous User wrote: ↑Tue Mar 12, 2024 6:42 pmSince there does not seem to be any thread on this yet, I'll get it started:
https://abovethelaw.com/2024/03/cravath ... s-that-is/
Any chance other firms match?
Honestly, this might just reflect the reality that for most biglaw firms, a clerkship is a nice website/marketing line but not much more. At least at the V5 where I summered, people paid a lot of lip service to clerkships (and most partners clerked) and certain former clerks got more writing opportunities. But on the whole, it didn't seem to be viewed as more valuable than a year of experience at the firm.
Please be GDCAnonymous User wrote: ↑Tue May 07, 2024 2:02 pmI don't want to name the firm because the post-clerkship hiring world is very small and I don't want to out myself. But I've accepted a position at a V10 (not Cravath) that just raised their clerkship bonus for a 1-year district court clerkship from $50K to $125K. They raised the clerkship bonus while I was in the middle of the interview process.
Anon who posted about a non-Cravath V10 firm raising its clerkship bonus to $125k for one, would you mind sending me a DM? I'm a current clerk trying to determine if I should try to negotiate a higher clerkship bonus.Anonymous User wrote: ↑Tue May 07, 2024 2:25 pmPlease be GDCAnonymous User wrote: ↑Tue May 07, 2024 2:02 pmI don't want to name the firm because the post-clerkship hiring world is very small and I don't want to out myself. But I've accepted a position at a V10 (not Cravath) that just raised their clerkship bonus for a 1-year district court clerkship from $50K to $125K. They raised the clerkship bonus while I was in the middle of the interview process.
You don't have too if you don't want to, but if possible could you confirm that said V10 firm is not Wachtell?Anonymous User wrote: ↑Tue May 07, 2024 2:02 pmI don't want to name the firm because the post-clerkship hiring world is very small and I don't want to out myself. But I've accepted a position at a V10 (not Cravath) that just raised their clerkship bonus for a 1-year district court clerkship from $50K to $125K. They raised the clerkship bonus while I was in the middle of the interview process.
I'm in your exact same position. It's so unfair that we have less perceived leverage because we accepted the offer before the market moved. I'm going to ask my firm for an increase and would encourage you to do the same. There's still a lot of time left until the fallAnonymous User wrote: ↑Sun May 12, 2024 9:51 amI accepted a post-clerkship offer at a v10 NYC firm before the Cravath news. I would rather not leave money on the table but haven't yet approached. Has anyone had luck in my situation?
I'm rooting for you guys, but this is how all transactions work. You accepted an offer at the old rate. That you have leverage to negotiate at all (by threatening to go to a different firm) is a lucky thing and should be wielded carefullyAnonymous User wrote: ↑Mon May 13, 2024 11:55 amI'm in your exact same position. It's so unfair that we have less perceived leverage because we accepted the offer before the market moved.Anonymous User wrote: ↑Sun May 12, 2024 9:51 amI accepted a post-clerkship offer at a v10 NYC firm before the Cravath news. I would rather not leave money on the table but haven't yet approached. Has anyone had luck in my situation?