Around the time that Cravath announced its great associate pay raise, it also provided its associates with information about various organizations that help associates refinance their student loans. Similarly, firms like Latham & Watkins and Sullivan & Cromwell have made arrangements with finance companies to provide refinancing of law school debt on favorable terms. But these moves didnt get quite as much attention as the move to $180K because, unlike the pay raise, they didnt involve law firms taking money out of their own coffers and putting it right into associates pockets.
At least one Biglaw firm, however, is providing direct help to its associates when it comes to eliminating educational debt. Heres a report from the New Yor…
Read the full article at: http://abovethelaw.com/2016/07/biglaw-firm-ponies-up-cold-hard-cash-to-help-associates-repay-law-school-loans/