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.

What Does a Summer Associate Do

There are certain skills that many summer associates have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, computer skills and organizational skills.

Learn more about what a Summer Associate does

How To Become a Summer Associate

If you're interested in becoming a summer associate, one of the first things to consider is how much education you need. We've determined that 72.0% of summer associates have a bachelor's degree. In terms of higher education levels, we found that 11.8% of summer associates have master's degrees. Even though most summer associates have a college degree, it's impossible to become one with only a high school degree or GED.

Learn More About How To Become a Summer Associate

Summer Associate Career Paths

Average Salary for a Summer Associate

Summer Associates in America make an average salary of $42,349 per year or $20 per hour. The top 10 percent makes over $81,000 per year, while the bottom 10 percent under $22,000 per year.
Average Summer Associate Salary
$42,349 Yearly
$20.36 hourly

What Am I Worth?

salary-calculator

Roles and Types of Summer Associate

The role of a summer associate includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general summer associate responsibilities:

  • Analyze and develop financial models and projections with a focus on returns analysis, identifying risk factors,
  • Meeting deadlines and producing high quality work on a consistent basis support mmc global finance through the assigned placement team assist in managing/executing functional team projects
  • Basic financial analysis and modeling support; maintain financial models

There are several types of summer associate, including:

Paralegal

Role:

A paralegal is in charge of substantive legal work. Typically, they serve lawyers who are so busy building a case that they need help sorting out all of the legal work. That's where you come in.

Paralegals take pride in their responsibilities by administering their knowledge of the law and legal procedures. It can be a great thing to have a paralegal on the case because the law will determine what direction a lawyer may swing a case.

While you definitely need a working knowledge of what the law is, you really only need to obtain an associate's degree for this line of work. Sure, you could probably spend your entire life going through and memorizing every single law out there, but laws change all the time so chances are you're going to have to look it up anyway.

  • Average Salary: $49,943
  • Degree: Bachelor's Degree

Litigation Paralegal

Role:

Litigation paralegals are the backbone of the trial team. They manage all of the details throughout every phase of the trial, from investigations to pleadings and discovery. The litigation paralegal works closely with attorneys in depositions, witness preparation and research. The paralegal is typically the one who prepares and handles all exhibits.

Litigation paralegals research and analyze law sources such as statutes, recorded judicial decisions, legal articles, treaties, constitutions and legal codes to prepare legal documents such as briefs, pleadings or appeals for use by the attorney. They draft routine legal documents for review and use by attorneys, compile and prepare draft discovery responses, and review and analyze reports, responses and records produced by opening counsel.

Some skills that are necessary to have include excellent verbal and written communication skills, high attention to detail, resourceful research and analytical skills, ability to manage and prioritize multiple projects and tasks, and proficiency in Microsoft Office. The reported average annual salary for an litigation paralegal is approximately $55,340, with job growth in the U.S expected to increase 12% by 2028.

  • Average Salary: $58,484
  • Degree: Bachelor's Degree

Legal Clerk

Role:

A legal clerk is a member of a law firm who works on different administrative activities on a daily basis. Legal clerks primarily conduct research on legal cases related to the ones that the firm is currently handling. They also prepare memoranda, drafts of legal documents, case materials, and office orders.

They may also do proofreading and editing of legal documents before publishing. In addition, they may be assigned to communicate with clients, provide updates on cases, and communicate the schedule of hearings. When assigned to assist in specific cases, legal clerks are expected to be familiar with the procedure of handling that particular type of case. They should also provide administrative support throughout the proceedings.

To become a legal clerk, an individual must have a bachelor's degree, pass the LSAT, go to law school, and obtain a law degree. They may choose to further specialize in a specific topic or to get a graduate degree in law. Given the administrative nature of the work, legal clerks are usually fresh law school graduates who are new at a law firm.

  • Average Salary: $35,152
  • Degree: Bachelor's Degree

States With The Most Summer Associate Jobs

Mouse over a state to see the number of active summer associate jobs in each state. The darker areas on the map show where summer associates earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Summer Associate Jobs By State

RankStateNumber of JobsAverage Salary
1California1,163$54,969
2New York862$67,757
3Texas786$44,512
4Florida720$40,513
5Pennsylvania523$56,713
6Illinois503$47,106
7Ohio498$40,698
8North Carolina414$44,706
9Georgia376$38,912
10Massachusetts368$56,330
11New Jersey361$64,431
12Michigan335$47,105
13Minnesota294$43,729
14Virginia283$40,905
15Indiana280$32,737
16Arizona279$45,484
17Colorado271$44,448
18Wisconsin246$39,484
19Maryland245$45,689
20Washington231$57,182
21Tennessee202$38,137
22Missouri190$36,250
23South Carolina147$32,655
24Kentucky131$40,237
25Nebraska118$40,152
26Oklahoma110$36,900
27Iowa108$37,821
28Connecticut106$61,789
29Oregon102$56,065
30Utah101$47,426
31Kansas97$37,052
32Alabama93$38,820
33Louisiana92$38,901
34Montana86$37,954
35Arkansas79$35,135
36Nevada71$54,572
37Delaware69$55,013
38New Hampshire54$62,665
39Mississippi54$42,400
40New Mexico54$42,947
41Maine53$48,244
42Wyoming49$35,211
43North Dakota39$39,146
44South Dakota33$40,030
45West Virginia32$46,524
46Idaho29$45,761
47Rhode Island27$55,132
48Vermont25$50,121
49Hawaii19$53,393
50Alaska12$51,055

Summer Associate Education

Summer Associate Majors

18.0 %

Summer Associate Degrees

Bachelors

72.0 %

Doctorate

12.7 %

Masters

11.8 %

Top Colleges for Summer Associates

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition

$54,568

Enrollment

8,451

3. Harvard University

Cambridge, MA • Private

In-State Tuition

$50,420

Enrollment

7,582

4. University of California - Los Angeles

Los Angeles, CA • Private

In-State Tuition

$13,226

Enrollment

31,568

5. Stanford University

Stanford, CA • Private

In-State Tuition

$51,354

Enrollment

7,083

6. Georgetown University

Washington, DC • Private

In-State Tuition

$54,104

Enrollment

7,089

7. Boston University

Boston, MA • Private

In-State Tuition

$53,948

Enrollment

17,238

8. University of Southern California

Los Angeles, CA • Private

In-State Tuition

$56,225

Enrollment

19,548

9. Villanova University

Villanova, PA • Private

In-State Tuition

$53,308

Enrollment

6,819

10. George Washington University, The

Washington, DC • Private

In-State Tuition

$55,230

Enrollment

12,161

Top Skills For a Summer Associate

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 16.0% of summer associates listed powerpoint on their resume, but soft skills such as communication skills and computer skills are important as well.

Choose From 10+ Customizable Summer Associate Resume templates

Zippia allows you to choose from different easy-to-use Summer Associate templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Summer Associate resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume
Summer Associate Resume

Summer Associate diversity

Summer Associate Gender Distribution

Male
Male
57%
Female
Female
43%

After extensive research and analysis, Zippia's data science team found that:

  • Among summer associates, 43.0% of them are women, while 57.0% are men.

  • The most common race/ethnicity among summer associates is White, which makes up 63.4% of all summer associates.

  • The most common foreign language among summer associates is Spanish at 32.5%.

Online Courses For Summer Associate That You May Like

Advertising Disclosure  

1. Intellectual Property for Entrepreneurs

coursera

For aspiring and active entrepreneurs, this course focuses on the opportunities and challenges of intellectual property. Intellectual property is a commonly discussed, often misunderstand, element of entrepreneurship and law. Knowing how to create and manage patents, copyrights, trademarks, and trade secrets is a valuable skill for entrepreneurs and business leaders. Regardless of size and industry, a business’s intellectual property is often more valuable than its physical assets. Companies...

2. Legal Contracts and Agreements for Entrepreneurs

coursera

This course focuses on how legal contracts may impact or impede the success of aspiring and active entrepreneurs. We explore a wide variety of legal considerations, including: * What types of legal contracts and agreements are appropriate for which entrepreneurial activities and actions? * What is the role of torts, liability, and negligence in creating and managing products and services? * How should contracts and sales agreements be created, evaluated, and negotiated? * What legal...

3. Real Estate Acquisitions 101

udemy
4.7
(1,003)

How To Identify Commercial Properties, Run Due Diligence, Raise Capital, and Close Commercial Real Estate Transactions...

Show More Online Courses For Summer Associate
Job type you want
Full Time
Part Time
Internship
Temporary

Best States For a Summer Associate

Some places are better than others when it comes to starting a career as a summer associate. The best states for people in this position are New York, New Jersey, New Hampshire, and Connecticut. Summer associates make the most in New York with an average salary of $67,757. Whereas in New Jersey and New Hampshire, they would average $64,431 and $62,665, respectively. While summer associates would only make an average of $61,789 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Summer Associate Jobs: 862
Highest 10% Earn:
$124,000
Location Quotient:
1.66

2. New Jersey

Total Summer Associate Jobs: 361
Highest 10% Earn:
$118,000
Location Quotient:
1.12

3. District of Columbia

Total Summer Associate Jobs: 177
Highest 10% Earn:
$112,000
Location Quotient:
2.6
Full List Of Best States For Summer Associates

How Do Summer Associates Rate Their Jobs?

Working as a Summer Associate? Share your experience anonymously.
Overall Rating*
Career Growth
Work/Life balance
Pay/Salary

Top Summer Associate Employers

Most Common Employers For Summer Associate

RankCompanyAverage SalaryHourly RateJob Openings
1Skadden$196,960$94.6931
2Sidley Austin$196,737$94.5936
3Baker McKenzie$183,519$88.2333
4Jones Day$159,273$76.5731
5McKinsey & Company Inc$133,626$64.2457
6Citi$111,609$53.6691
7Goldman Sachs$110,050$52.9190
8Morgan Stanley$109,156$52.4857
9JPMorgan Chase & Co.$107,510$51.6942
10Deutsche Bank$103,309$49.6732

Summer Associate Videos