In a memorandum sent to associates on Thursday, Weil, Gotshal & Manges announced it is reducing its summer program from 12 weeks to 10 weeks and deferring its incoming associate class to January 2010. Associates deferred until January will receive a $15,000 stipend in September from the firm. Weill is also extending to associates the option of taking a one-year deferral at a "firm-approved public service or pro bono position" -- for an additional $75,000.
March 30, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In a memorandum sent to associates on Thursday, Weil, Gotshal & Manges announced it was reducing its summer program from 12 weeks to 10 weeks and deferring its incoming associate class to January 2010. Associates deferred until January will receive a $15,000 stipend in September from the firm.
News of the firm’s decision first appeared on Above the Law.
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