Deferred Start Dates: What to Know

In a slow economy, BigLaw firms sometimes push back the start dates for incoming associates. Instead of starting in September or October, you might be asked to defer for 3-12 months. This can feel unsettling, but it can also be an opportunity.

Why firms defer

Deferrals happen when firms do not have enough work to justify bringing on a full class of new associates. This is usually driven by:

• A slowdown in deal activity (M&A, capital markets, PE)
• A broader economic downturn
• Overhiring in the previous cycle

Deferrals are not personal. They reflect market conditions, not your qualifications.

What the stipend looks like

Most firms offer a deferral stipend. The amounts have historically ranged from $5,000 to $10,000 per month, depending on the firm and the length of the deferral. Some firms offer the stipend with no strings attached. Others require you to do pro bono or public interest work during the deferral period.

The stipend is less than your eventual salary, but it is meaningful, especially if you use the time wisely.

How to use the time

Clerk. If you can secure a short-term clerkship or judicial externship, that is excellent resume-building.

Do public interest work. Many deferred associates work at legal aid organizations, public defender offices, or nonprofits. The experience broadens your skills and your perspective.

Travel. This may be the last extended period of free time you have for years. If you have the financial cushion, travel.

Study for a specialty bar. If you are starting in a practice area that requires a specialized credential (patent bar, for example), the deferral period is a good time to prepare.

What not to worry about

A deferred start does not affect your class year for compensation purposes at most firms. You will typically be treated as the same class year you were hired into. Confirm this with your firm.

Deferrals are also not a signal that your offer is in danger. Once you have an offer, the firm is committed to you. The start date is the variable, not the offer itself.

Browse the firm directory to understand which firms have historically handled deferrals and economic cycles well.