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Compensation & Benefits
Cahill offers associates highly competitive annual base salaries and bonuses.
For incoming lawyers, the firm will provide a salary advance in the spring before commencement of full-time employment. Advances are also available to judicial clerks joining the firm once the clerkship is completed.
Summer associates are compensated on a basis consistent with that of our full-time first year associates.
- The firm pays sign-on bonuses to LL.M. (tax) graduates.
- One year of credit to incoming associates who have concurrently obtained a J.D. and M.B.A. in a four year program.
- Firm-subsidized medical plan for lawyers and eligible dependents, including spouse, same-sex domestic partner and/or children. Our same-sex domestic partner health benefit includes a compensation gross-up that is intended to offset the tax disadvantage faced by employees whose same-sex spouses and same-sex domestic partners are covered under the Firm's health insurance plans. Benefits include a prescription drug plan. Coverage begins the first day of employment.
- Firm-subsidized choice of dental plans for lawyers and eligible dependants, including spouse, same-sex domestic partner and/or children. Coverage begins the first day of employment.
- Flexible Healthcare Spending Account for allocation of up to $3,000 in pre-tax dollars to be applied against qualified healthcare expenses.
- Group term life insurance at four times annual base salary, without cost.
- Short-term Disability benefits up to 26 weeks.
- Group Long Term Disability insurance, without cost. Subject to approval by the insurance company, monthly benefits of 60% of salary are paid after 26 weeks' short-term disability have lapsed.
- Optional Group Long-term Care Insurance is available and pays an additional monthly benefit if you become disabled after 90 consecutive days. Benefits are paid up to a maximum of 72 months.
- Group Travel and Accident Insurance, without cost. Benefits of up to $825,000 are provided for accidental death or disability.
- Free annual physical at a designated Manhattan facility.
- Discounted health club membership with The New York Sports Clubs
401(k) Plan & Other Benefits
- Immediate enrollment option to participate in Cahill's 401(k) Plan. Our plan allows for participants to make elective deferrals to the plan as pre-tax contributions and/or "Roth 401(k) Contributions".
- 4 weeks' paid vacation.
- Pre-tax TransitCheks for MetroCards and commutation tickets (railroads, bus lines and ferries.)
Work / Life Balance
- At Cahill we respect family and life balance, and accommodate individual situations.
- 12 weeks' Maternity Leave, or up to 26 weeks maternity-related disability. Additionally, women who return to the Firm after giving birth or adopting a child will be given the option to work at a reduced load for up to 12 weeks for proportionate pay to ensure a smooth transition back to work after maternity leave.
- 4 weeks' Paternity Leave.
- Flex time work policy.
- Employee assistance program for lawyers and their families for personal difficulties, including substance abuse, depression and financial problems.
- Emergency child care from a trusted name in daycare, located nearby the office.
- Family and Medical Leave Act (FMLA) assistance is available to eligible lawyers employed by the firm for at least one year.
- Reimbursement of reasonable moving expenses for new hires who reside outside of the New York metro area.
- Free legal representation on primary residence closings in New York.
- Associates' Lounge to unwind, including a 52" plasma screen HD TV (with cable package), DVD player and wireless access.
- Dollar-for-dollar firm match (up to a maximum of $1,000) for gifts made by associates to their law schools.
- Bar Association dues for one association and one Section.
- Technology stipend for certain technology expenditures.
- Firm discounts with providers such as Sprint, Microsoft and Dell.
- In-house Travel Department to assist with business travel arrangements and vacation plans.
- Coverage of lawyer registration fees (payable every two years).
- Reimbursement for bar review course fees and application fees for the New York State Bar. Associates are expected to have taken the Bar Exam prior to commencing work. Associates who take the Bar after commencing work are allowed ten days paid study leave, plus two days for the exam itself.
- Happy hours and other social events.
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