Word: employeees
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Some firms, such as Los Angeles-based Latham & Watkins and San Francisco-based Orrick, Herrington & Sutcliffe, have offered $75,000 annual compensation packages to incoming associates who defer employment until October 2010 and find alternate work in public-interest law. Other firms, like Morgan Lewis, have told deferred associates they...
Ramon Arias, executive director of Bay Area Legal Aid in Oakland, Calif., agrees, noting that he would "emphatically" welcome new associates with open arms. Still, Arias adds that his organization is so understaffed that an influx of young and eager associates could present an already overworked infrastructure with a host...
Last week, marked by uncharacteristic speed, the House passed a bill that would impose 90 percent surtax on bonuses paid to employees of companies that have received at least $5 billion in TARP funds if the employee's family income exceeds $250,000. In support of the bill, Obama said...
Except for some contract lawyers, very few people would argue that the portion of the AIG bonuses that was for employee retention are fair. The only reason the company isn't in receivership is because the government deemed it was "too big to fail." Fearing the financial market would be...
Bill Jaeger, director of the Harvard Union of Clerical and Technical Workers, said that the City’s resolution was particularly timely since the window to accept the University’s early retirement package is closing and budget officials will likely be re-visiting their fiscal plans soon...