Weil, Gotshal & Manges announced in March that it was deferring its incoming associates’ start dates to January 2010, and is asking new hires to voluntarily wait until 2011.
Today the firm told its current summer associates that, if offered a job, they can voluntarily defer their start date from January 2011 to January 2012.
Those deferred would get a $75,000 stipend and health care benefits, if they spend 1,000 hours doing firm-approved public interest work.
In May, Weil Gotshal eliminated 79 administrative positions across its US offices.
Weil, Gotshal & Manges is an international law firm headquartered in New York City. It is one of the largest and most highly regarded law firms in the world, with approximately 1,300 lawyers and gross annual revenue in excess of $1.7 billion.