Legal Research

If You Give Me 80 Thou, I’ll Be Glad To Go Away For a Year

Heck, I’ll stay away as long as you want, at least until the money runs out.

The NY Times has an interesting article about how Skadden Arps is offering their 1,300 associates a deal: they’ll pay them a third of their base pay if they go away and not cost them any more money for a year. It’s an alternative to layoffs. About 10% of the associates have expressed interest.

The story focuses on sixth-year associate Heather Eisenlord, who will take an $80,000 one-year buyout. Her plans?

“Although she's not yet sure exactly what she'll be doing on her trip, she has some ideas. She would like to teach English to monks in Sri Lanka and possibly help bring solar power to remote parts of the Himalayas. She'll probably hit 10 to 15 destinations around the world, most likely practicing not-for-profit law wherever she can be helpful.”

Can you say “Type A personality”?

Full post as published by Jenkins Webblits on April 13, 2009 (boomark / email).