Media Mention: Lawyers Mutual Features Ward and Smith's Debt Relief Program

In the August 5, 2016 edition of the Byte of Prevention Blog, Jay Reeves of Lawyers Mutual Liability Insurance Company of North Carolina writes:

Some law firms are starting to offer relief on student loan debts as a perk for new hires.

Ward and Smith, a 91-person firm based in New Bern, is one of them. The firm is working with Gradifi Inc., a Boston company that tailors student loan payment programs for companies and, increasingly, for law firms.

“Summer associates that we wanted to hire began mentioning what a big burden student debt was,” said Mike Epperson, the firm’s chief operating officer in the New York Times. “They could have more than $100,000 in debt and they were worried. The firm already has a profit-sharing plan, but we decided that student loan repayment help was one more way we could show our younger attorneys that we wanted to help them from the very beginning.”

To read the post in its entirety, please click here.

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