A New York City law firm is paying some of its employees $80,000 to take a year off from work, the New York Times is reporting.
The payout amounts to a savings for Skadden, Arps, Slate, Meagher & Flom, some of whose lawyers earn three times that amount. Employees who take the cut-rate furlough will be immune from future layoffs.
About 10 percent of the firm’s 1,300 lawyers have taken the deal.
Who worked out this deal — a lawyer?
It’s stories like this that make me wonder whether I chose the wrong major in college. Pre-law seemed so dull back then.
And I thought the only place you could get paid for not working was in the government.