|2014 Program Application Dates|
We will accept applications to the program from June 1,
2013, through September 30, 2013.
Federal Deposit Insurance Corporation's Honors Attorney Program
provides valuable and challenging professional opportunities for
outstanding law school graduates. Our goal is to provide our Honors
Attorneys with a better understanding of the FDIC's role in our
financial system while providing new attorneys with an opportunity for
public service. Our Honors Attorneys are assigned to a wide variety of
projects throughout the Legal Division that provide extensive legal
experience as well as a substantial amount of individual
responsibility. To that end, during the first year of the program all
of our Honors Attorneys participate in three-month rotations through
various Legal Division sections in our Headquarters office as well as
one rotation to one of our field locations (Boston, New York, Atlanta,
Chicago, Kansas City, Dallas or San Francisco). During their second
year, our Honors Attorneys devote their time to longer term assignments
with one or more of our sections.
join the FDIC as an Honors Attorney you will be hired as an Attorney.
(If you have not yet been admitted to practice, you will join our team
as a Law Clerk. You will receive the designation "Attorney" once you
have been admitted to the Bar.) FDIC Honors Attorney appointments are
for a term not-to-exceed 24 months. Although an Honors Attorney
appointment does not last beyond 24 months and there is no guarantee of
employment beyond then, it is customary during the second year for
Honors Attorneys to apply for available permanent vacancies in the
Why Join the FDIC?
the recent turmoil in the financial markets the Federal Deposit
Insurance Corporation has stood strong and has continued to fulfill
its almost 80 year old mission of standing behind the insured deposits of its
member banks and supporting confidence in the nationís financial
was born of the Great Depression of the late 1920s and early 1930s.
More than 9,000 banks closed between the stock market crash of October
1929 and March of 1933,
when President Franklin Delano Roosevelt took office. For all practical
banking system had shut down completely even before President Roosevelt
- less than 48 hours after his inauguration - declared a "banking
holiday" suspending all banking activities until stability could be
restored. Among the actions taken by Congress to bring order to the
system was the creation of the FDIC in June 1933. The intent was to
provide a federal government guarantee of deposits so that customers'
funds, within certain limits, would be safe and available to them on
demand. Since the start of FDIC insurance on January 1, 1934, not one
depositor has lost a cent of insured funds as a result of a failure.
The FDIC sign - posted in insured financial institutions across the
country - has become a symbol of confidence.
Honors Attorney you will contribute to maintaining confidence in our
nation's financial system and learn financial institutions regulatory
law from the inside out. In addition, you will be exposed to areas of
law atypical to most government practice that will serve you well
wherever your career takes you.
Legal Practice at the FDIC
practice of law at the FDIC reflects the broad nature of the FDIC's
work as well as its unique statutory powers. For example, because the
FDIC has independent litigating authority our attorneys practice before
virtually all courts. FDIC attorneys develop case strategy, write the
briefs and appear in court for arguments. The FDIC's Legal Division is
a full service corporate practice providing not only litigation but
transactional, regulatory and administrative legal services to the
Corporation. As an FDIC Honors Attorney you will have the opportunity
to work in a number of exciting areas including:
Developing, drafting and providing legal opinions
on legislation, regulations and policy statements relating to insured
Providing guidance on deposit insurance coverage,
assessments of insured depository institutions, Federal securities
laws, and consumer laws.
Providing guidance and advice to foreign
countries that are developing deposit insurance programs.
Working closely with bank and review examiners to
ensure bank compliance with banking and consumer protection laws and
regulations and the continued safety and soundness of insured
Preparing and litigating enforcement cases before
administrative law judges and in federal courts.
and bank receivership matters
Litigating multimillion dollar actions against
directors and officers, attorneys and accountants when negligence and
malpractice contributed to the downfall of banks.
Managing large, complex commercial litigation
arising out of the business lines of failed institutions, as well as
civil and other claims owned by receiverships.
Developing resolution, receivership and marketing
strategies for failed banks involving hundreds of millions of dollars
in deposits and loans.
Coordinating the FDIC's anti-fraud efforts with
the Department of Justice, prosecutors and FBI agents across the
country in the investigation and prosecution of criminal conduct in
the banking and savings and loan industries.
Defending the FDIC against challenges to its
statutory authority and appeals from its administrative
Providing legal opinions on a wide range of
topics including statutory powers of the FDIC, the role of the FDIC
as a federal agency, and corporate governance.
Handling all labor and employment issues
including administrative hearings on employee-related matters and
negotiations with the bargaining unit representative.
Handling FDIC contracting, including contracting
for the services of outside counsel.
Managing Legal Division technology.
information, email your questions to
to qualify for the 2014 Program, you must:
- be in
your final year of law school graduating from an American Bar
Association accredited law school between December 2013 and June 2014,
be a full time graduate student in the final year of study which
began immediately following law school, or
be a recent law graduate leaving a judicial clerkship* no later
than September 1, 2014, and
- be admitted to practice before the highest court of any state,
territory or the District of Columbia or be taking a bar
examination following graduation and available to start work no later
than September 1, 2014, and
- have, at minimum, a B average or equivalent or be in the top 33
percent of your law school class, and
- be a United States citizen.
clerkship must begin no later than nine months after law school
graduation, be no longer than three (3) years in length, and be your
first significant legal employment.
When deciding which candidates are qualified for an interview, we look
to your total application package including undergraduate record
(including GPA), law school courses and grades (including GPA), any law
review or law journal participation (including service as an editor),
judicial clerkship if any, national or regional moot court competition
participation, and other special qualifications (such as another
advanced degree, foreign language skills) or life experience. You must
submit a writing sample (unedited other than by you) which will be
evaluated for legal research, analytical and writing skills (i.e.,
organization, grammar, spelling, and persuasiveness).
to select up to three (3) candidates for assignment to our headquarters
offices in Washington, DC and Arlington, VA.
Program appointment is for a period not to exceed 24 months. If you do
not acquire Bar membership within 14 months of appointment, the
appointment terminates. Upon admission to the Bar you will be
reclassified as an Attorney. While a permanent appointment beyond the
temporary 24-month appointment cannot be guaranteed, you would be
eligible in your second year to apply for vacancies in the Legal
FDIC is an
independent agency of the federal government. Go to
Frequently Asked Questions for further information.
FDIC is an
equal opportunity employer.
Applications will be considered without regard to race, color,
religion, gender, national origin, age, marital status, disability,
political affiliation, sexual orientation, or any other non-merit
provides reasonable accommodation to applicants with disabilities where
For more information, email your questions to email@example.com