by Traverse Legal, reviewed by Enrico Schaefer - June 9, 2010 - 'The Greatest' Philosophy
According to the New York Law Journal article Clients Grow Cool to the Support of Dwindling Summer Classes, this year’s summer associates will receive more substantive work and individualized attention as a result of the decline. Here are some excerpts:
"More and more clients don't want summer associates to bill to them," he said. "When I started almost all clients would accept it. And it's evolved to where a lot of clients don't."
Law firm partners generally say they tend to write off much of the
billable hours summer associates submit in recognition that, as lawyers
in training, they are not as efficient as mid-level or senior
associates. But when top-tier New York firms do bill for their work, the
rate can go as high as $225 an hour, lawyers said.This year's summer associates "have the ability to get a greater
proportion of substantive work than if they were competing with a larger
class, and they get more individualized attention from partners and
associates," said Jonathan Schaffzin, co-administrative partner at
Cahill Gordon.
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As a founding partner of Traverse Legal, PLC, he has more than thirty years of experience as an attorney for both established companies and emerging start-ups. His extensive experience includes navigating technology law matters and complex litigation throughout the United States.
This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Enrico Schaefer, who has more than 20 years of legal experience as a practicing Business, IP, and Technology Law litigation attorney.
