Dewey & LeBoeuf LLP, a leading global law firm with over 1,100 lawyers, announced its new vacation policy to take effect beginning on January 1, 2011. The new vacation leave policy of the firm now allows its associates and counsel to have unspecified paid vacation time for the entire year as opposed to the old rule wherein senior counsel, counsel, and associates accrued their vacation days on a monthly basis. The old policy would only allow up to 20 paid vacation days each year in addition to personal and sick days. The new memorandum was finalized on December 30, 2010.
In a memorandum released by the firm, Dewey & LeBoeuf said: “Effective January 1, 2011, you will be entitled to take a reasonable amount of paid time off (i.e., vacation, personal, and sick days) over the course of the year, subject to client demands and your other professional obligations and responsibilities.” However, the firm stressed that the new vacation policy does not give its lawyers unlimited vacation days per year. “While you will no longer accrue vacation days on a monthly basis, we would expect you to be able to take no less time off than you have been accustomed to.”
Dewey & LeBoeuf added that the new policy better reflects the realities of life of those practicing lawyers. The firm noted that the new policy is much better because it provides its senior counsel, counsel and associates more flexibility and control when it comes to balancing their work obligations and personal activities. “We believe that the new policy reflects how our attorneys already manage their time and the realities of life as a practicing lawyer.”