Should Cooley Associates Take The $100K Deferral Money And Run?
At this point, without any leverage, it might be a very good idea.
Ed. note: Welcome to our daily feature, Quote of the Day.
The current market conditions, unfortunately, don’t give them many choices.
This hiccup so early on in their careers will pass. In the long tenure of their legal careers, this will be a blip in their story.
— Katherine Loanzon, managing director of Kinney Recruiting, in comments given to Bloomberg Law on Cooley’s incoming corporate associates who recently received year-long deferral offers, complete with a $100,000 stipend. Loanzon told Bloomberg that she thinks affected associates should accept the deferral offers.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
