Cooley to Delay Some First-Year Associate Start Dates by Year

Cooley LLP is asking some of its incoming first-year associates to defer their start dates for another year in exchange for a $100,000 stipend.

The Silicon Valley-founded law firm recently reached out to incoming corporate associates, offering them three options ahead of their scheduled January start dates, according to two sources familiar with the matter.

First-year corporate associates can push their start dates to next year and get a stipend. They can instead opt to start in the corporate group in January, as previously planned, or switch to another practice area that has more work to go around with the ...