Word: legalizes
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...Then the economic crisis set in, and as legal work across the country has dried up, many large and mid-sized firms have turned to a surprising cost-cutting strategy: paying incoming first-year associates - whose starting annual salaries at Manhattan firms is $160,000 - not to show up. So far this year, Marshall and hundreds of other third-year law students at prestigious schools have seen their job start dates pushed back anywhere from just a few months to a full year, leaving those affected scrambling to find other options to fill the time off. "To get my stipend...
...That fear has many deferred students searching for ways to ensure their legal skills remain sharp, and several firms and law schools have stepped in to help. Boston College, for instance, will let its graduates audit classes next fall for free. UCLA Law School has announced a Masters of Law program designed specifically for deferred associates. A number of firms have also begun matching their recruits to pro bono opportunities. That's the option University of Pennsylvania Law School graduate Susan Wilker took when her job at Boston law firm Ropes and Gray deferred until at least January. Wilker will...
...sure, the start-date delays have been a boon for public interest organizations around the country. Research shows that some 80% of legal needs go unmet among low-income Americans, and organizations that serve such clientele, such as the Legal Aid Society, now have their pick of top law school graduates - most of whom will arrive with a paid salary and health benefits attached. But the public-interest groups still have to finance the infrastructure required for an extra person on staff. Many nonprofits have seen their own revenues fall in recent months and undertaken layoffs themselves. Just finding...
...Kirchblum, for one, is now hunting for volunteer legal jobs overseas amid final exams, graduation and taking the bar exam. His biggest concern is money because he will only receive $20,000 from Milbank for being deferred, and he owes more than $100,000 in student loans. "Why I chose to take a firm job or even to go to law school in the first place was it seemed like the stable, responsible path," he says. "Now everything has been thrown...
...even as it presents a friendlier Russia, the document makes some sharp comments about NATO and the nuclear balance. "International security is increasingly threatened by the truly inadequate existing global and regional security architecture, as well as international legal instruments and mechanisms for its security," the paper reads. "Particularly evident is the failure of the security architecture in the Euro-Atlantic region, represented mainly by NATO and the OSCE." At the same time, it slams U.S. foreign policy without actually calling out the U.S. by name, claiming that Russia?s military security is jeopardized ?by the efforts...