Tuesday, February 5, 2008
A colleague elsewhere writes:
I've just heard from my Dean that at least one law school is offering signing bonuses ($25,000) to entry-level candidates. I've never heard of this before. Is it becoming common? And, whether it is or not, should it? It is a way to attract candidates without distorting the pay scale. Certainly other blandishments -- reduced teaching loads, sabbaticals, higher travel/RA allowances, book budgets, and so forth -- are by now unexceptionable. I can imagine that a school might prefer a one-time payment to a long-term commitment, and a rookie teacher might like the extra cash for travel or a downpayment on a house or something of that sort. But it feels a bit odd, and I'm not sure law schools want to go the path of major firms. Any reaction?
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