CitiGroup Inc unwilling to pay for work by summer associates

Citigroup Inc has told its external lawyers that they will no longer for the labour provided by law students on summer associateship programs. The new policy is set to come into effect on 1 July. The fees paid by the bank for summer associates have been minimal in recent years, but this decision reflects a growing trend for corporate clients to be unwilling – in the current economic environment – to subsidise the training of associates.

CitiGroup Inc unwilling to pay for work by summer associates law.com Wed, Jun 9, 2010