Law Firms

Silicon Valley-based law firm gives associates the option of one-year deferred start dates with stipend payment

  • Print.

shutterstock_Cooley law firm building

Image from Shutterstock.

Cooley is offering some incoming corporate associates the option of deferring start dates for a year in exchange for a $100,000 stipend.

Cooley has already pushed back start dates for all new associates until January 2024. The Silicon Valley-based law firm confirmed the new optional start date for first-year corporate associates to and Bloomberg Law.

Cooley is also reassigning some corporate associates who begin work in January to busier practices.

Cooley said it made the decision because of “current market conditions,” according to statements provided to and Bloomberg Law.

“We continue to be focused on ensuring that all our associates have the opportunity to receive meaningful development opportunities throughout their tenure with us,” the statement said.

Give us feedback, share a story tip or update, or report an error.