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At last count, about 100 associates — first-yeards and current associates alike — have applied for the program. “The response from associatez has far exceeded whatwe expected,” said Ana M. a litigation partner and chairwoman of the pro bono committed atRopes & Gray. The New Alternatived Program is meant to bea cost-cutting measure at the law which is deferring the start dates for first-year associates to Januarty 2010. Participants will receive a $60,000 stipend for their public service gig, plus medical, dentalk and vision coverage atthe firm’s expense.
While all of the associatea who will participate in the prograjm will be takingpay cuts, most lawyeras go to law school with the intention of soonere or later doing public service work during theie careers, Francisco said. With its New Alternativea Program, Ropes & Gray, she said, has given associates that opportunity with the security of knowing they have jobs to comeback to. “It’ds an opportunity to scratch that itch,” she “We’ve tried to incentivize young lawyers to do publicservicw work. It’s terrific for skills developmenfand it’s a terrifidc contribution to strapped organizations now.
The value of pro bono work, we hope it’x something that will remain a part of their careersd after they come back tothe firm.” Participatinhg associates will be placefd by Ropes & Gray at various including , Health Law Advocates and Teacbh for America, among others. Associates can also find theifr own publicservices jobs, and some organizations — hurting for help during the recession — have reachede out to Ropes & Gray in hopes of getting help from young lawyers. Ropes & Gray isn’tr the only firm to offer publixc service gigs as a solution to the slow business period the legal services industry isgoint through.
, which has abour 50 lawyers in Boston, and , which has roughly 510 attorneys locally, have come up with planw for associates to handle pro bono work duringtthe downturn. At Weil Gotshal first year associatex who choose to defer their starrt dates toJanuary 2011, will get a $75,00p stipend if they work at a public service At Goodwin, associates, who also have had theirf start dates deferred, will have the opportunity to handld public service work for one Both Goodwin and Weil Gotshapl plan to help associatex get placed in public service jobs. A sign of life for corporat practices?
A marked slowdown at most corporatr practices has hit many locap law firms hard during the But there are signs that the deal flow may be showinhg some life for a few firms this Casein point: Boston-based , whicb has about 170 lawyers in represented venture capital firm in Waltham in a recentt funding deal. In the deal, Indianapolis-based , a developer of on-deman e-mail and one-to-one marketing received $70 million in new ventures capital funding. The rounc was led by Battery as well as and investorMontagu Newhall. Nixon Peabodhy attorneys servedas Battery’s legal counsel in the deal.
LLP held its fourth annual “Power of an Idea” contest in whicn the firm awardsa $15,000p scholarship to a studen t who comes up with the most innovative business This year’s scholarship contest was at Charlestown High where senior Min Zhong nabbed the top prizd for her “New Medical Alert which is designed to help medical professionalsx enter the household of an elderly persoh who has called for medical help.
“The purpose of my invention is to create a uniform procedurwe for medical teams to gain access to the homeds of elderly residents in needof aid, “ Zhonyg wrote in her Zhong plans on attendintg in the fall, where she will studh chemical engineering.
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