Chadbourne & Parke confirmed on Wednesday that it had rescinded job offers to 11 incoming associates it had previously deferred. The firm had told the law school graduates they would be indefinitely deferred past January 2010. Chadbourne said it has paid each of the 11 deferred associates the balance of a $73,000 stipend promised after the firm delayed their start dates. The news was first reported on the blog Above the Law.
“Despite improving economic conditions generally and at Chadbourne, our most recent near-term projections led us to conclude that we could not justify increasing the first-year class beyond its current size and that there would be no positions available for the 11 deferred individuals,” the firm said in a statement.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
