(Reuters) - Nixon Peabody on Tuesday said it has canceled its summer associate program due to the coronavirus pandemic, without promising job offers for the second-year students who were slated to take part in the program.
The firm will offer students who would have been its 2020 summer associates a $5,000 stipend, and it will “consider 1L summer associates for automatic placement” in its summer program next year, it said in a statement on Tuesday.
”These are not easy decisions,” Nixon Peabody said in its statement. “We entered 2020 in a strong financial position, and by making some difficult decisions and taking action, we plan to come out of this pandemic just as strong.”
The Boston-based law firm, which has more than 650 attorneys, according to its website, is far from the first firm to announce it is canceling, suspending or shortening its summer program due to the pandemic.
But other firms that have suspended or canceled their programs, including Cahill Gordon & Reindel and Squire Patton Boggs, have pledged to offer the second-year students in their programs who were impacted permanent jobs with the firm upon graduation.
Some law firms, including Latham & Watkins, have said their summer associate programs will be conducted remotely.