First-Year Associates: Are They Worth It?

A survey conducted by the Wall Street Journal for the Association of Corporate Counsel suggests that in-house legal departments are refusing to pay for new lawyers. More than 20% responded that they have refused to pay for work by first- or second-year lawyers.

"Training someone on putting together an asset-purchase agreement shouldn’t be done on our nickel," David Brill, the general counsel of American Stock Transfer & Trust Co., a stock-transfer agent based in Brooklyn, N.Y., told the Journal.