Skadden, Arps, Slate, Meagher & Flom is offering its incoming associate class the chance to defer their start date until the fall of 2010 with pay (although only one-third of their salary) through its "Sidebar" program, which allows attorneys to work outside the firm for up to one year. In light of the "current economic climate," Skadden "decided to take this creative 'win-win' approach," said Skadden's executive partner-elect Eric Friedman in a statement. At this point the program is strictly voluntary.
Skadden Offers 'Sidebar' Deferrals to Incoming Associates
The American Lawyer
March 16, 2009