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A summer associate is responsible for building on the existing knowledge of industries to derive insights into sector trends, emerging technologies, and company performance. They support the senior leadership team in developing partnerships and investment strategies to support the commercialization of promising technologies and solutions. They also help evaluate companies' growth for their fit in the company's objectives, business model, financials, and commercialization/investment potential.
Further duties include assisting in maintaining high-quality financial models to support all aspects of analysis, working with a team to synthesize concise and well-supported recommendations for presentation to the network and other allies or capital partners, supporting the team in leading meetings and calls with network members, growth companies, investors and others.
A summer associate should have the following skills: being a proactive team player in a fast-paced entrepreneurial environment, excellent strategy, problem-solving, time management, organizational skills, the ability to prioritize and multitask, excellent communication skills, and team project and client management skills. As a requirement, they should be enrolled or have a bachelor's degree in law. They earn an average salary of $40,170 per year, which translates to $19.31 per hour.
Avg. Salary $42,349
Avg. Salary $59,228
Growth rate 14%
Growth rate 0.3%
American Indian and Alaska Native 0.41%
Asian 6.02%
Black or African American 10.02%
Hispanic or Latino 15.23%
Unknown 4.91%
White 63.41%
Genderfemale 43.00%
male 57.00%
Age - 47American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 47Stress level is high
7.1 - high
Complexity level is challenging
7 - challenging
Work life balance is fair
6.4 - fair
| Skills | Percentages |
|---|---|
| PowerPoint | 15.97% |
| Litigation | 12.95% |
| Financial Models | 11.63% |
| Due Diligence | 6.38% |
| Legal Memos | 5.39% |
When your background is strong enough, you can start writing your summer associate resume.
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The average summer associate salary in the United States is $42,349 per year or $20 per hour. Summer associate salaries range between $22,000 and $81,000 per year.
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