May 31, 2012
Boston Firm Advertises Full Time Associate Position At $10,000 Compensation
So it’s come to this. There is a story in the Boston Business Journal of a job posting on the Boston College career site for an associate position with a salary of $10,000. The story notes that this figure is below minimum wage. It’s not a fixed salary. The ad states the compensation is based on a percentage of worked billed and collected with the expectation it will be $10,000 in the first year. The Gilbert & O’Bryan LLP firm said it received 32 applications. The trade-off for the low pay is the valuable experience gained by the successful applicant.
Boston College defends the ad as serious whether it’s attractive or not. The position does offer benefits such as malpractice insurance, health insurance, employer paid clothing allowance, and a MBTA pass (the Boston area mass transit system). This is better than nothing for some graduates, I guess, but really. Will this be the beginning of a trend? [MG]
Uh, so, what do law school graduates live on whilst gaining this ever so valuable experience? Good wishes? What a crock! If I were a student at Boston College - I wouldn't be for long. I mean, are these guys serious? Are advertising dollars so in demand that they would actully advertise something like this and call it a serious opportunity? Sounds more like a bunch of money grubbing partners coming up with another way to stick it to the recently graduated who, by the way, is carrying a mound of debt thanks in no small part to Boston College et al. And as to that "valuable" experience thing? You'd be better off hanging out your own shingle and going to the school of hard knocks.
Posted by: Bret | Jun 1, 2012 8:10:08 AM