A Guide to Rumbergerkirk Summer Associate Salary vs Adams and Reese Llp Salary from Start to Finish
The summer associate programs are quite suitable for future lawyers to have a feel of the practice of law and make high salaries. Among the most wanted firms is Rumbergerkirk Summer Associate Salary vs Adams and Reese Llp Salary. So armed with knowledge of salaries offered, law students will easily discern who is best suited for the job. Here’s how the two compare in their compensation packages from beginning to end.
RumbergerKirk Summer Associate Salary
RumbergerKirk is one of the most effective litigation firms with a demanding training schedule focusing on legal strengths. Summer associates get provided with competitive salary.
- Hourly Rate: Compensation for a summer associate at RumbergerKirk is provided on an hourly rate basis. It usually lies between $32 and $40 per hour worked, depending on the city and experience.
- Annual Salary: Fuli-time, that is about $64,000 to $80,000 for summer associates working on 40 hours a week. However, summer associates usually work fewer hours.
- Bonus Available: RumbergerKirk may also offer merit-based bonuses for outstanding work as part of the summer program, challenging interns to work on another level.
Summer Associate Salary Adams and Reese LLP
Adams and Reese LLP is a large, full-service firm, with emphasis on client needs and different practice areas. Summer associate compensation in general will be competitive with RumbergerKirk, though not the same.
- Weekly Stipend: Compensation to Adams and Reese LLP summer associates is made through a weekly stipend. The average stipend ranges from $1,500 to $2,000 per week depending on the office location.
- Total Summer Pay: This also means a total range of $15,000 to $20,000 in earnings if you take a 10-week summer program with Adams and Reese LLP, of course competitive pay for short-term legal experience.
- Bonus Potential: Although formal bonus structures for the summer associate might not be well-defined, at the end of summer, good performance will likely yield a potential full-time offer, a very rewarding outcome.
Comparing the two firms
Whereas there is much in between the two firms and how one is rather more attractive to me than the other regarding their pay offer, I will point out some very basic contrasts in how the structures defer in almost every aspect:
Rumberger Kirk
- RumbergerKirk The firm is based on an hour pay. The summer associates make so much more compared to the hours worked. This, theoretically, could attract those seeking to maximize their summer earnings.
- ADAMS AND REESE LLP, however, pays the stipend on a weekly basis, so it would make the income predictable and stable over the period in summer program.
On the point of total compensation, both firms will pay competitive packages that equal summer position industry standards. Which one comes down to personnel preference, work environment, or long term career goals.
Conclusion
On the other hand, choosing Rumbergerkirk Summer Associate Salary vs Adams and Reese Llp Salary depends on the amount of salary, coupled with experience and exposure. Both firms present useful learning opportunities. In each firm, the compensation is geared toward gathering top talents. Be it an hourly wage or a weekly stipend, both firms ensure that the efforts you put in the summer associate program are well rewarded at the end.