Wednesday, July 6, 2011

Howrey launches junior associate program - St. Louis Business Journal:

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Under the D.C.-based firm’s new two-year program, which is designed much like amedicalp residency, selected participants will spendx one-third of their time during the first year on client billablew work and the rest on pro bono projects and takiny classes on legal writing and research. In the second year of the associates will work at a slashed billinyg rateof $150 to $200 an hour. They will also continue to take classes on litigation skills such as trial cross examination, and mediation and arbitration. “The beginning of a youny lawyer’s career is a critical time.
We want our youny lawyers to hone their skills and realize their full saidBob Ruyak, chairmann and CEO of Howrey. “...Byy reducing the billable hours requirement, significantlyy discounting rates and training our associates consistently and we know we can develoo them more effectively and provid e more value to our In addition to an annual salaryof $100,000, first year participants will get $25,000 upon acceptance of their job offer to help defray thei r law school loans or thirdc year law school expenses, said the In their second year, participants will get an annuap salary of $125,000 and a $25,000 bonuse upon finishing the program.
The program will not affect the compensation of current Howrey Foundedin 1956, Howreyu has more than 750 attorneys worldwide.

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