Accept Your Offers
Episode VI: A New Hope
Over the weekend I suggested that Harvard Law students were not taking the fall recruiting “crisis” seriously enough. The school’s comments suggested to me that HLS saw itself as above the fray.
But whatever public face HLS is putting on the recruiting season, behind the scenes HLS OCS seems to be working harder than ever. A tipster forwarded this email from Assistant Dean Mark Weber:
Dear [Redacted]: Thank you for participating in our Fall OCI Program. I hope you had a productive visit to campus this fall.I am writing to let you know that we still have talented students who are seeking summer and permanent positions in Northern California. We understand the concerns facing all employers right now, but want to remind you that this can be a great opportunity to enhance your presence at Harvard Law School by hiring one of our students. I have taken the liberty to attach resumes of our students who are seeking employment in Northern California (link below). Also, if you would like to return to campus and interview additional students, we can easily accommodate your schedule to meet with students on campus or through our newly launched video conferencing facilities. Finally, remember that you can also post any employment opportunities in the HLS job bank which is exclusively available to our students and alumni. Click here to post a job.
I hope you will consider hiring additional Harvard students for employment with your firm. If you are interested in returning to campus or utilizing our video conferencing capabilities, please contact [redacted] And of course, please don’t hesitate to contact me if I can ever be of assistance to you or your firm’s recruitment efforts at Harvard. Many thanks for considering our students.
Sincerely,
Mark Weber
I spoke with Weber and he confirmed that this was a new tactic his office was taking:
In light of the current economic climate, I did send out the letter to employers a few weeks ago. I haven’t sent out a letter like that before, but given the favorable response we have received from employers, I think it is something we will do in the future.
Other law school responses after the jump.
The concern about offers extends to all law school tiers. Loyola Law School is also encouraging students to make their decisions quickly:
Dear Students:There have been reports emanating from the east coast that some law firms are finding their summer programs oversubscribed because more of their offers have been accepted than anticipated. In one or two instances, outstanding offers have been rescinded because the summer class had already filled up. In others, firms have contacted students with outstanding offers to inform them that the summer class is overenrolled and encouraged them to accept offers at other firms.
While we know of no local instances such as these, we think these reports should sound a warning to any student with an offer they have not yet accepted. There is a myth among students that accepting an offer before the deadline makes the student appear desperate. This is silly. In fact, accepting an offer sooner may heighten the student’s good will with the employer. It is foolhardy in this climate to take more time than necessary to make a decision about an offer.
To put it bluntly, students sit on offers at their peril. This is not the time to shop your offers or wait to see if a better one comes along. In addition to being in your own best interest to accept quickly, it may also assist other students who may then receive an offer that you turn down.
If you have questions or need help making a decision, you are encouraged to contact your career services counselor.
Graham Sherr, Esq.
Assistant Dean for Career Services
“Sit on offers at [your] peril.”
UNC School of Law had a conference call with firms to discuss the firms’ bald disrespect of NALP guidelines response to the economic situation:
To all 2Ls and 3Ls:As you are aware, the current economic climate has an impact on the job market. Last week I was on a conference call with about a dozen hiring managers at large law firms around the country to discuss this very issue. None of them indicated they had plans to decrease hiring. However, many firms are seeing a faster-than-normal response in student acceptance of outstanding offers.
Some of you may have seen postings on legal blogs about students being advised by their law schools to accept offers quickly - before the employers fill their slots. While the employers on the conference call all thought the advice they saw on the blogs was overstated, we do think
that students with offers from large law firms should think seriously about not waiting until the last minute to accept them.Many legal employers, particularly large law firms, give out more offers than they have slots because not all students will accept them. It’s always a guess on their part, but it’s an educated guess, based on years of experience. This year could be very different. Last Friday I got a
call from a firm who told me their slots all got filled by students who didn’t wait to accept their offers - prompting them to tell the remaining students with outstanding offers that the program was now full. …Brian D. Lewis
Assistant Dean for Career Services
If I may paraphrase, the law firms UNC talked to said: “Don’t believe everything you read on ATL, except the whole thing about sitting on your offers. Only an idiot would be sitting on multiple offers in this climate.”
And so it goes. Sitting on multiple offers continues to be a stupid thing to do in this market, but some students still believe that their feeble skills can match the power of the American economy tanking.
Every day we hear anecdotal evidence about additional law firms calling up 2Ls and encouraging them to accept somewhere else. Firms are not rescinding offers outright, but instead they are saying “accept with us at your own risk.” Don’t trust me? Trust Jesus. From Notre Dame Law School:
An alumnus at a major law firm phoned today and asked me to let you know that if you have offers from firms but have not yet accepted one of them, please do so. He said that he believes that some large law firms in major cities may withdraw offers that are pending. …Gail G. Peshel
Assistant Dean for Students and Acting Director of Career Services
Accepting offers = Yub Nub.
Sitting on offers = Purple electrocution of your teeth.
Earlier: Accept Your Offers: Weekend Update
Accept Your Offers: Part the Fourth
(123) Comments
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Holy Shit!! First
FIRSTY FIRSTY PRETZELS MCCAIN WINS
Nick Saban is a loser.
HOLY SHIT KILLSELF!
FIRSTY FIRSTY PRETZELS MCCAIN WINS
Nick Saban is a loser.
MysTTTal to Jabba the Hut!
"...great opportunity to enhance your presence at Harvard Law School by hiring one of our students..."
(spit out coffe and promptly ROFLMAO)
I am thinking of going out on Halloween as Trig Palin; is this in bad taste?
Student at Loyola sitting on multiple offers = world's biggest fail.
Wasn't it IV that was A New Hope????
Harvard students interested in NoCal would have been better off San Francisco Law School.
"[W]e do think that students with offers from large law firms should think seriously about not waiting until the last minute to accept them."
Don't Loyola kids already have the chipped stacked against them? That is, they could probably do without the retard, incoherent OCS emails.
Even more idiotic than sitting on multiple offers = sitting on ONE offer, hoping for a "better" one. You know who you are.
Dear Elie,
Episode IV is A New Hope.
Episode VI is Return of the Jedi.
If and when you do change the headline, please use strikethrough instead of silently changing everything and hoping that nobody would notice.
"bald disrespect"? Do they not like hair?
Wow. That Harvard letter is pathetic. I had multiple offers from V30 SF firms, and I'm at a regional school in the NW.
I cannot be more happy with my disgraceful lsat score. It lead to my acceptance at a mediocre law school, where I could excel amongst idiots and borrow less to pay tuition. Thanks to early OCI and my charming personality, I have an NYC biglaw offer in the bag and am only $15,000 in debt. If the firm implodes by year end, I may shed 1 tear... but that's all. The joy of seeing tierists suffer-even for a short time-is priceless.
How you like my offers in SF, HLS students?!
-GULC 2L
I thought that the HLS OCS approach was proactive and thoughtful. No I don't go to Haaaaaaaahvard.
11 -- Yes. The Problem is that Jedi didn't work as a title, but it is the 6th installment of this series so I was locked into VI.
You'll note the picture is from the "correct" episode.
I figured that there would be a few people like 15 (hence me posting this comment early) but I figured most readers would get where I was going and not sweat the small stuff.
--- Elie
Damn, I wish my career services had that mentality.
A-B-C, motherfukkas! A-B-C!
18 - Amen. My low LSAT did me right. Full scholarship, no debt, and a V10 biglaw gig.
Giggity.
"I figured most readers would get where I was going and not sweat the small stuff."
Elie,
If there is one thing you should realize, it is that every slip-up of yours, no matter how trivial, shall be seized upon by ATL readers to demonstrate that you are not merely a poor editor, but a terrible person, whose seed should be wiped from this earth.
Kudos to HLS OCS for caring enough about their students to do something like this, even after they screwed said students over in the first place by having OCI after some firms have no more offers to give. And the "this can be a great opportunity to enhance your presence at Harvard Law School by hiring one of our students" line only reinforces the (apparently accurate) perception that HLS's opinion of itself and its "prestige" is WAY too high.
Harvard Law + Cravath = TTT
Wake me up when he's on Accept Your Offers Episode XXII: Electric Boogaloo. I understand that one is going to be in 3D
If a firm has granted me an extension is it a good sign that they will not rescind my offer or oversubscribe before I accept?
Has any firm actually rescinded offers, or is this just some hypo that everyone's worried about?
The firms that rescinded offers were also responsible for letting Willie Horton out of prison.
28,
Do you really need someone to answer that for you, or do you just like sharing how great things are? Either way, you are retarded - congrats.
I think the letter is right on track. There are many law firms on the West Coast that don't even recruit at Harvard because they think that the students are just doing California interviews for the free flyouts, and will take an offer in NYC at the end of the day anyway. Many of these firms would love to pick up HLS students (because, yes, they do increase the firm's prestige), but do not want to invest the time and effort required to participate in recruiting at HLS to have all of their HLS offerees go somewhere else. This letter puts these firms in touch with those students that really do want to be in California and will take offers from these firms seriously.
Now, if that letter were sent out to Boston or NYC firms, it WOULD be pathetic,
Elie, please post more of these. We have not read/heard enough about it yet. I expect Parts VII-XLVIII within the week.
Nobody else finds it the least bit pathetic that "Daddy Dean" has to follow up and beg for jobs for HLS students? Give me a break; throw the silver spoon out the window and see who jumps out after it.....
-09 Summer from a 3rd Tier school who accepted his offer (that's right) within 8 minutes of receiving it, without any counsel from the Dean.
18:
Enjoy your Of-Counsel track.
33 - 27 already pointed that out in a much more eloquent, humorous manner.
27
Are we still talking about this? The guy was just hanging brain. I mean, what's all the fuss?
Elie, move on to another topic already.
-Creed Bratton, Quality Assurance
Nobody else finds it the least bit pathetic that "Daddy Dean" has to follow up and beg for jobs for HLS students? Give me a break; throw the silver spoon out the window and see who jumps out after it.....
-09 Summer from a 3rd Tier school who accepted his offer (that's right) within 8 minutes of receiving it, without any counsel from the Dean.
I find it utterly pathetic that "Daddy Dean" has to follow up and beg for jobs for HLS students. Give me a break; throw the silver spoon out the window and see who jumps out after it.....
-Another low LSAT score at a 3d Tier school that already accepted his BigLaw offer offer (in SF no less!). Blow me HLS. Seriously.
39 - good luck in SF. What are there 2 firms left?
Have you heard about the Zen Master and the Law Student?
The Law student, who has median grades at a ttt20 gets 2 V100 BIGLAW offers. ATL and CSO congratulate him, especially in THIS economy, and say the ONLY reasonable response is ACCEPT one.
"We'll see," says the Zen Master.
A week later a V10 firm offers him a job, but he has to turn them down b/c he already accepted one of the v100 jobs. The student and ATL say "that TTT firm's offer was a curse! I should have at least sat on both TTT offers"
"We'll see," says the Zen Master
Another week later, the V10 loses a couple huge clients due to unforeseen economic circumstances and revokes most of its offers. "How lucky that student is to have accepted that V100 job" cries ATL
"We'll see," says the Zen Master
A week later the V100 rescinds its offer due to unforeseen economic circumstances but pays the student $10k. Having closed all of his doors to gainful employment, the law student goes on ATL and cries out "How unfair!, and how stupid I was not to sit on that other offer!"
"We'l see," says the Zen Master
I find it utterly pathetic that "Daddy Dean" has to follow up and beg for jobs for HLS students. Give me a break; throw the silver spoon out the window and see who jumps out after it.....
-Another low LSAT score at a 3d Tier school that already accepted his BigLaw offer (in SF no less!). Blow me HLS. Seriously. Blow me.
What I find funny is people who think OCS people have any impact at all. They can beg and send all the pretty emails in the world, but it will not change one hiring partners mind about anything. You dont hand out a 160k a year job to someone because some OCS clod who makes like 60k a year says something to you.
What I find funny is people who think OCS people have any impact at all. They can beg and send all the pretty emails in the world, but it will not change one hiring partners mind about anything. You dont hand out a 160k a year job to someone because some OCS clod who makes like 60k a year says something to you.
"Sitting on multiple offers continues to be a stupid thing to do in this market, but some students still believe that their feeble skills can match the power of the American economy tanking."
. . . which 'skills,' exactly, are you referring to? Regardless of your response, the above is an atrocious sentence.
- lollin@harvard
31,
I was really looking for an answer. Things aren't great, I only have 1 offer. They gave me an extension as I am waiting to hear back from others, but have the fear that they will rescind or be oversubscribed by the time I accept.
-28
27/36 -
Who was trying to be humorous? I enjoy these informative posts by Elie. He really hammers the point home.
33
meh find da thang utterly pathetic that "Daddy Dean" haz ta follow up an’ beg fo’ jobs fo’ HLS students. Give me a break; throw da silver spoon out da window an’ see hoo jumps out after da thang.....
-Another low LSAT score at a 3d Tier school that already accepted hiz BigLaw offer offer (in SF no less!). Blow me HLS. Seriously
first
26: one of my law school professors was exactly that.
actually, elie, hate to break it to ya, but the loyola letter's sentence was correct - you just didn't happen to pick up on what it was trying to say.
18= Cadwalader acceptee
33/47 - you win, that was hilAReous
wow, humble pie for Harvard. about time.
Have you heard about the Zen Master and the Law Student?
The Law student, who has median grades at a ttt20 gets 2 V100 BIGLAW offers. ATL and CSO congratulate him, especially in THIS economy, and say the ONLY reasonable response is ACCEPT one.
"We'll see," says the Zen Master.
A week later a V10 firm offers him a job, but he has to turn them down b/c he already accepted one of the v100 jobs. The student and ATL say "that TTT firm's offer was a curse! I should have at least sat on both TTT offers"
"We'll see," says the Zen Master
Another week later, the V10 loses a couple huge clients due to unforeseen economic circumstances and revokes most of its offers. "How lucky that student is to have accepted that V100 job" cries ATL
"We'll see," says the Zen Master
A week later the V100 rescinds its offer due to unforeseen economic circumstances but pays the student $10k. Having closed all of his doors to gainful employment, the law student goes on ATL and cries out "How unfair!, and how stupid I was not to sit on that other offer!"
"We'l see," says the Zen Master
43--That's largely true, but HLS OCS reaching out to a geographic market that they don't have a lot of ties to and reminding those firms that, if they so desire, they have the opportunity to get an HLS student or two not only reeks of hubris and presumption, but might actually get a hiring partner to take another look at some HLS students who they might not otherwise aggressivley recruit because of the assumption that HLS students all end up in NYC regardless.
haz ya’ll heard about da Zen Master an’ da Law Student?
The Law student, hoo haz median grades at a ttt20 gets 2 V100 BIGLAW offers. ATL an’ CSO congratulate him, especially in THIS economy, an’ say da ONLY reasonable response iz ACCEPT one.
"We’ll see," says da Zen Master.
A week later a V10 firm offers him a job, but da nigga haz ta turn them down b/c da nigga already accepted one o’ da v100 jobs. da student an’ ATL say "that TTT firm’s offer waz a curse! meh should haz at least sat on both TTT offers"
"We’ll see," says da Zen Master
Another week later, da V10 loses a couple huge clients due ta unforeseen economic circumstances an’ revokes most o’ its offers. "How lucky that student iz ta haz accepted that V100 job" cries ATL
"We’ll see," says da Zen Master
A week later da V100 rescinds its offer due ta unforeseen economic circumstances but pays da student $10k. havin’ closed all o’ hiz doors ta gainful employment, da law student goes on ATL an’ cries out "How unfair!, an’ how stupid meh waz no way ta sit on that other offer!"
"We’l see," says da Zen Master
43--That's largely true, but HLS OCS reaching out to a geographic market that they don't have a lot of ties to and reminding those firms that, if they so desire, they have the opportunity to get an HLS student or two not only reeks of hubris and presumption, but might actually get a hiring partner to take another look at some HLS students who they might not otherwise aggressivley recruit because of the assumption that HLS students all end up in NYC regardless.
This panic bull is overblown. I just received a V10 offer and swag from a different V50 firm yesterday, and my OCI was two months ago. I'll keep sitting on my three offers until I'm good and ready to make my decision, not because I'm waiting for someone but because I'm indecisive and I have the luxury of time to think about it.
41, you win. worst post in ATL history. congratulations.
*soooooo nervous for next week*
Dear Students,
November 1 is almost upon us, and we have many programs and services
to help 1Ls explore career opportunities. Our first program,
"Introduction to the Offices of Career Services and Public Service,"
will be held this Monday, Nov 3., 12:20 - 1:20 p.m. in 100
HH. Assistant Deans Susan Guindi and Mary Ann Sarosi will discuss
the 1L job search, including the types of jobs you should consider
and resources to help in your search.
We are sending you this email to alert you since it's our first
program, but in the future, we will only advertise through the
students' portal, M Law Live, www.law.umich.edu/MLawLive. Please
check the portal for more information on our upcoming resume
workshops, Interviewing Tips programs, interviewing workshops, and
other programs.
For those who cannot attend, we will audiotape this program and make
the recording available on our website.
Susan M. Guindi
Assistant Dean for Career Services
University of Michigan Law School
-nervous T-10 1L
IF YOU SIT ON MULTIPLE OFFERS, THE TERRORISTS WIN.
Elie,
Hence MY posting this comment early. If and when you do change the (improper conjugation of a helping verb), please use strikethrough instead of silently changing everything and hoping that nobody would notice.
-not 15.
51 - you're kidding, right?
If Elie sat on multiple offers, they'd all be crushed.
I bet Yale never sounds that desperate in their letters.
i'm nervous about doing anal for the first time and liking it too much despite the pain
nervous t-10 1L
65=winner for all time.
students who sit on their offers will not be able to sit on santa's lap during CHRISTMASTIME
- santa claus
OCS clod!?!?!? But he's an esquire!
Tip: Only hit "Post Comment" once. Yes it may take awhile, but patience will be rewarded because you won't look like an idiot.
"i'm so nervous now that I've been outed. the mi kids are sick of my shit and out to kick my ass. where can i hide? will larsen protect me? maybe under one of the tables in lc lounge...but then all my study buddies will see me. what should i do?"
-nervous T-10 1L
65 - I just laughed out loud during class.
I posted this on another thread and got one really good response...its just a quick question...
In Houston how does a lower Vault ranked firm that is the mothership office (F&J) stack up against a Vault 30 firm with a satellite office in Houston?
HOLY SHIT KILLSELF!
65,
When I sit on them I prefer to call the "exploding offers."
- Elie
Does the meltdown pose a real threat to V20 firms like Paul Weiss and GDC?
"If you have questions or need help making a decision, you are encouraged to grow up or find another field of study in which to waste your parents' money."
Fixed that for Sherr.
In other words, employers aren't interested in HLS students because they go to HLS. FINALLY, something is right in the world.
73, Well I personally would stay away from Fulbright and Jaworski.
If you got an offer from Baker Botts or V&E I would take that in Houston. They are by far and away the best. Vault doesn't mean much in Houston.
HLS is really obnoxious.
Yea, someone answer 76's question please!!
71: was t10 1L really outted? do you know who he is?
Yes, we know who nervous t10-1L is.
which section?
i know who he is too, pretty funny kid. section d.
tell him to cut that shit out
Could you tell me who Nervous T10 1L is?
William Ayers
73/79- I don't see any reason to stay away from F&J. They're well respected in Houston and seem to have a great office atmosphere. As for Houston-based firms vs. firms based elsewhere, the Vault 2007 guide ranks firms in Texas as: 1-BB, 2- Weil Gotshal, 3- V&E, 4- F&J, 5- Jones Day.
Harvard Career Services begging for jobs for students?
I wish my Arizona Career office had done more for me. All I got was this lousy low paying job supplying comments to ATL.
Vault sucks, It's done through associate based surveys. What the hell do associates know about every law firm out there. Use Chambers
76's question is stupid. Do V20 firms have clients that are beyond the reach of the financial meltdown and general economic downturn? If yes, it won't affect them. If no, they will be affected. It's pretty simple. You can't know who will be affected until you know their clients.
This is a surprisingly humbling move for HLS carreer services. Didn't expect begging emails from the school that waits until everyone else has interviewed before "allowing" firms to hire their students.
I have long been on the fence about Elie, but this post did it.
Lat, PLEASE come back. Elie is horrible. Kudos to poster 11 and 15 for also realizing that EPISODE IV IS A NEW HOPE.
Just quit Elie.
28/46 - Accept your offer!
This is great and all, but I really don't trust all those Northern California firms - with Heller and Thelen going the way of my old boss. Are those letters going to Texas firms as well? DC?
-- Alberto Gonzales
Soooo ... no bonus news today, eh?
Someone had to say it ...
Joke all you want, but I still need a summer gig.
-nervous Harvard 2L
Whatever happened to Loyola2L? He get a job or did he hang himself by the rafters in a PI firm somewhere?
You're kidding me, right? Using an easy pop culture reference like Star Wars incorrectly. Fired.
The Asst. Dean at Georgetown sent out similar letters.
Dear Elie,
Come on man. This has got to stop. You're using ATL as a means to open up offers for students at your alma mater by ramming home, on the basis of the slimmest possible evidence, a message to other law students to prematurely accept their offers. In many instances, those offers are in no danger of revocation whatsoever, and early acceptance may clearly go against the student's (e.g. your reader's) best interests. You don't owe your readers much, but it seems to me that you do owe them the act of not shaping the content of this site in a way that advances the interests of HLS at the expense of students at virtually every other law school in the country.
28, you better accept that offer. Things don't look good.
Dear Elie,
Come on man. This has got to stop. You're using ATL as a means to open up offers for students at your alma mater by ramming home, on the basis of the slimmest possible evidence, a message to other law students to prematurely accept their offers. In many instances, those offers are in no danger of revocation whatsoever, and early acceptance may clearly go against the student's (e.g. your reader's) best interests. You don't owe your readers much, but it seems to me that you do owe them the act of not shaping the content of this site in a way that advances the interests of HLS at the expense of students at virtually every other law school in the country.
What is the purpose of Harvard's late OCI? If Harvard students are superior to those at schools with "normal" OCI, then surely they can compete against those students on the merits...
101/103
Very well put.
95 -
There is no reason at all to think that any more NoCal firms might go under.
-Brobeck's leadership in exile
Cardozo's Dean of Career Services sent out an "accept your offers now" e-mail on Monday. The e-mail contained the same vague language about firms rescinding offers as most of the other OCS communiques posted on ATL.
I am not at Harvard.
I am a top 20 school, not a harvard competitor.
I already have a job at a biglaw firm.
I am a 3rd Year.
I wish my school was as proactive as harvard, whatever the value of career services type services, I think very little bit helps and counts in this current environment.
While I am a little bitter about not getting ito harvard, or anywhere close to it in terms of prestige, i dont think that should cloud my judgment. People are so busy "measuring theirs" that they can't see that this is a good thing for harvard students.
Who knows how much Elie's motives are to help HLS students, but I highly doubt that all of the other schools sending out similar advice are doing so out of fear that their students are going to take HLS students' jobs.
Diversify yo' ad hominemz.
I'm turned off by HLS' arrogance, but agree with 109. Elie's posts are not motivated by some self-interest.
I concur with the first part of 108's statement. NYU Career Services under Irene Dorzbeck's tenure would never put its name on the line for students. I commend Harvard for reaching out to firms and sending student's resumes. All NYU careers services does is review your resume and "manage" expectations.
NYU graduate with Big Law job
Comments on ATL used to bash Schulte. Any news on what's going with them?
112- No Schulte troll here but I have heard they are actually in great shape. If the Chr.-GM merger goes through that will be a tremendous windfall for the firm since they are lead for Chr. But even if it doesn't, its apparent that there will be more regulation in the investment management field which is better for specializing in that area. Anyways, hope that answers your question.
Yale and Stanford would never stoop to this level.
109 - 101/103 here. You could be right. My original post was based on (1) the fact that 5 of the 6 (!) posts on this subject came during or after the HLS flyback week, including four posts during that week itself; (2) the fact that we have seen solid evidence of very few actual offer rescissions -- somewhere in the low single digits as far as I can tell; (3) the tone of each of the posts, each of which begin with the unqualified command "accept your offers" and strike pretty much the same overbearing chord in the body text; and (4) the fact that the most recent posts read like HLS promotional material -- though admittedly the earlier posts did take the opposite tack.
Item (1) above alone should at least give one pause about what's going on here. Item (2) seems to speak to the vicious cycle/feedback loop that has gotten underway, whereby a rumor gets published on ATL, causing law student panic, which in turn causes career offices to respond, which then results in further ATL coverage, amplifying the matter still further. Sure, there are some legitimate instances of offer revocation, but unless I'm missing something, these mostly appear to be at lower-end firms that may have other issues going on already. It isn't like people holding V10 offers are suddenly going to get the call of doom. While the danger is narrow, Elie's coverage encourages readers to presume that it is widespread. It doesn't take a HLS degree to see just how flawed Elie's stated reasoning has been.
115 -- "lower-end firms," "V10 offers," "doesn't take an HLS degree"? You are such a tool.
no 115 is a boob, not a tool.
Any MoFo associates out there? If so, can you give me the scoop? Is the firm wobbling?
With the caveat that I am a 2L at a non T14 school, and admittedly am still a neophyte with regard to the Biglaw job market-
I don't understand why so many HLS people on this board have bought into this "V10" mystique (e.g., 115), this idea that those firms are somehow so far superior. I'd like some explanation as to why there are so many f*ing Harvard grads (not to mention Yale, Stanford, Chicago), at all stages of their careers, at the V50 firm where I accepted an offer, and across the V100 in general. It strikes me as really off-base to refer to any of these firms as "low-end."
OK, I try to stay out of the kiddie comments, but it needs to be said again that the Vault "rankings" are pretty meaningless. Vault's good for anecdotes on firms, but if you want to see who has the strongest practice use Chambers. If you're interested in economic health, obviously Amlaw's economic rankings are better than Vault's "prestige" ranking.
Yes, recessions are very unlikely to happen in great numbers. Firms can more likely just cut down the offers that they give out as they get acceptances. Some firms may screw up, but they'd have to screw up pretty bad to go as far as rescinding offers.
But I do think that one of the ways the firms will cut down the offers they give out is to give less offers out to HLS students. The other way is to not bring anyone off the "wait list" that they have been preparing. You know, the people who did their call back four weeks ago and haven't heard anything. In this environment, that means you aren't getting an offer.
Soo, no mention of bonuses yet?
122, there was another thread about bonus speculation
http://abovethelaw.com/2008/10/open_thread_associate_bonus_sp.php
try to keep up.