Any other updates?

When did DPW give offers? As a summer there right now, I haven't heard a thing...

White & Case NY: 85%

Agree with the commenter. I hope you trumpet the good as loudly as the bad.

We got offers!!!!

Unfortunately, this puts pressure on lower-ranked firms to try and keep up by giving out more offers than they should. Isn't this how biglaw got into this mess?

PHJW offered 50% of it's class coathangers

This is a shame. It provides false hope for these rising 3Ls and represents firms' *hope* that, by 2012 or 2013, the economy will improve to pre-2007 levels. Sadly, with an Blahmah administration still in offer in 2012, the recovery that is needed will not actually take hold until 2014 or 2015, long after Blahmah is removed from office.

Firms that no offer half the class will be making their offers later than those who wholesale offer everyone.

PLEASE KEEP THE GOOD NEWS COMING!

"[P]erhaps some news about firms with close-to-100% offer rates this summer will make other firms feel like they will suffer in future recruiting if they have a substantially lower offer rate, even 90-95%. "

HAHAHAHAHAHAHAHAHA

are these regular offers or super-deferreds? kind of hard to compare last offer season and this one when you leave that info out.

Looks like some of these firms will hold true to their word...bringing on less summers = more offers.

8 - Please stop abusing the apostrophe. It never did anything to you.

Folks,

I know the people who read these comments have quietly cheered me on, but, alas, I was no offered the other day by Orrick. It pained me greatly to say goodbye to all my new friends there, but I am surely meant for bigger and better things. Thank you all so much for your inspiration and kindness. Back to Newark for me.

Seton Hall 3L. Formally a Summer at Orrick.

You might have an offer, but you ain't gonna' be working for many years to come.

What difference does it make how many or what percentage of offers are made. The fact of the matter is that law firms will defer, terminate, fire, layoff, or whatever. Until you've actually started, you really don't have shit. After you start, you still don't have shit, It's a shitty world out there.

9-

"Sadly, with an Blahmah administration"
"long after Blahmah is removed from office."

BURRRRRRRRNNNNNNNNNNN!

As someone who is about to begin OCI, I definitely plan to do a split summer next year. It is like going to Vegas and putting chips down on red AND black. Looking at it on a purely statistical basis, this is a no-lose proposition.

20- Until both firms (assuming you get 2 offers, don't count on it) no offer you, because they can only extend so many offers and they go first to the students who spent the whole summer at the firm. But hey, don't let me tell you what to do, I'm a rising 2L as well. If you want to take yourself out of the running I'm OK with it.

19,

9 is right. Any upturn in the economy will be felt, for good, once Obama leaves. It couldn't happen soon enough.

20-

Watch out for green.

20/21 - splitting to try to get two offers has a potential of working if you did 1L at one of them, and they liked you enough. then you spend the bulk of 2L at the second.

I ran into Partner Emeritus this weekend in Saratoga Springs, and he asked me to pass a couple of messages along.

First, he would like to apologize for the reduced frequency of his postings late last week. He was attending to a family matter that unexpectedly required more of his time than expected.

Second, he is dismayed by the reported high offer rates reported here and says that the current crisis should serve as a "teachable moment" for all firms (peer and non-peer) that now is the time to adopt more of a "tough love" hybrid approach. I am not sure what he is referencing, but he told me that all of you would know.

Partner Emeritus intends to return to this site very soon. Thank you for your cooperation.

"We would like to extend you an offer to start in January of 2011. However, we are reserving the right to (i) push you back to September 2011, (ii) rescind the offer and not hire you at all, or (iii) hire you and fire you within six months."

Putting semantics aside, what we are really saying is that we would like to defer our decision on whether or not to hire you in the future, but would like you to feel committed to us and not seek other opportunities in case we do end up needing you.

can people please speculate about other firms' offer rates!! thx

25: Please send along our best wishes to PE.

They erferred er jerbs!

It's possible that we're hearing good news early because only those firms that will have high offer rates are willing to make their offers now. Those firms who will be giving less offers won't tell their summers until mid-August, at best.

22- I don't have a political horse in the race. I don't know if what you and 9 are saying is correct, although I sincerely doubt it is. Either was, all I was doing was making fun of 9's absolutely horrendous attempt at a cleverly derisive nickname. "Obama? More like BLAHMAH!" ZING! Go easy on the poor guy, 9! He's having a tough enough time as president already, without your nasty insults!

20 - Yeah, it's already been said, but your "genius plan" to split your summer and somehow "double your chances" of being employed is not as genius as you might think. Both firms will think that you're at least partially committed to the other firm you started/ended with or else you wouldn't have split to begin with. In other words, if you're not willing to commit to them 100%, you're last on the list to get offers from the other summers who were. Assuming all the other summers aren't fuck ups I suppose, so you could always bank on that... but based on your "genius plan" .... well, I wouldn't count on that.

25: Please relay to PE that we would all prefer that he not return. We are sick of the played-out nonsense of a rising 2L

Cravath offered to show me the door

31,

Why should anyone "go easy" on Obama? He assumed the risk of campaigning for high office. Discounting the questionable tactics in which he engaged to win the election, he has to deal with the situation. He lacks the experience to do so, instead opting to "blame" the previous administration.

This is hardly leadership. What his administration is doing is trying not to redistribute wealth, but to engage in reparation politics without calling it such. With an impending tax hike on the middle class, Obama signals to us that he is not interested in any economic "class." Rather, he seeks to shift monies from this "class" to the "historically discriminated against" mass, regardless of whether that mass is entitled to anything in the first instance. This movement of money is dangerous, and Obama's actions will keep this country drowning further.

Why WOULDN'T the firms keep their high offer rates? After all, the offer guarantees you nothing: it doesn't even guarantee that the firm will honor its offer later (see offers rescinded) and it doesn't even guarantee the promised start date, as I currently am experiencing first-hand.

I want all of the whiny honkies on this site to scram, now!

Moosecock Jones!

Splitting might actually be a good idea, assuming a firm wants to look good by keeping their offer rate high without actually taking on more bodies.

Think about it.

36 is required reading. Temper your enthusiasm folks...
-Not 36.

35=Rush Limbaugh Idiot

Cravath offered me a position on their asswiping board.
I promptly accepted.

Laid off Latham associate

Cravath certainly did not make 100% offers this summer. I have heard more than one story about some of their summers getting cold offers from my classmates and their classmates at my firm.

30 - you are right on point.

25, 28, 33 = PE.

Offers don't cost firms anything. They can afford to be optimistic when it won't cost them a cent. They will still defer these folks to 2012, revoke their offers, or fire them after a few months if it suits their purpose.

35, you understand politics, macroeconomics and tax policy about as well as most 20 year olds-- so please keep it to yourself. This site is trying to attract and retain some adults.

PE is a cock-watcher.

35 = epic reading comprehension fail

check your joke detector, buddy

7 - what would you suggest

@35: Please go back to reading RedState and watching Fox News...no need to prove your ignorance in the comments section of this site. Mr. Obama won...get over it!!!

To anyone coming onto a legal blog to bash Obama - you are a joke

I got no offered by old man Cromwell himself.

It's too soon to be asking this question, ATL. My firm and 3 other NY firms have told summers that they will not be informed of offers until at least a week after the program ends.

Also, Cravath is not 100%, unless you mean 100% excluding outliers. At least one summer was no-offered, but it was because of general terribleness and not because Cravath "needed" to no-offer some summers.

35 nailed it.

All the starry-eyed kids are realizing for the first time that their liberalism is on a collision course with their self-interest. Enjoy the lesson, kiddies.

"Mr. Obama won...get over it!!!"

Indeed, and I'd like to get over it, but it will take another 3 years, and likely my kids' lifetimes to get over the massive debt we're incurring.

-not 35, but also not blind to the absolute disaster the country is in and will be for years.

25, thanks for the update and please tell PE that his posts are the only thing worth reading on this site lately. His posts are both witty and incisive. Keep 'em coming.

49, from 2001-2009 you never complained about Bush and the Clinton-inherited stock market crash/recession of 2000-2002, right?
George W. Bush won, get over it!

Year long deferrals make 100% "offer" rates meaningless.

The "Rising 2L" social conservatives have to post their horse-shit here...their classmates don't want to hear it, either, and can just walk away.

Ah, to be twenty and know everything about the world again. Dipshits.

PE is a total cock-watcher.

I don't speak Ebonics, am I screwed?

sidleys not telling us whether we have offers until sept. from what we hear, they usually give out offers (to everyone, every year) the last week of the summer program.

shit.

"their classmates don't want to hear it, either, and can just walk away."

Agreed, God forbid liberals listen to different viewpoints.

Awesome 58.

The comments on this chat blog are garbage. Idiotic political commentary, unfunny meme repetition, and know-nothing 1L whining make up about 98% of what goes on here.

Duh. Yet another obvious reason missed by ATL.

First, summer classes are smaller everywhere this year, so they can make a 100% offer rate but still hire less people than they did with the 80% or 90% rates last year.

Second, firms have already laid off all the more expensive 2-5 year associates, so of course they want to bring in cheaper first years to have bodies doing the anticipated work but protect the bottom line.

49 = moron who voted because he thought "hope and change" was an actual policy.

I hope 16 isn't serious. That's the best running joke on this site and that kind of ruins it

Why are firms waiting until Sept or later? Just to better gauge the state of the economy and their business/cash flow? Will waiting one month give them that much more of an informational advantage?

Elie/Lat: please moderate off-topic doctrinaire political trolling. TYIA

100% offers!!! But you are strongly encouraged to work for 1 full year outside the firm, and if you do, you will never work here a day of your lives. Oh yeah, and for those of you who decide to wait out employment, your start date is January 2020.

62 = PE

66-to see what the competition does.

62=racist.

NYC to 190!

I was cold offered by Kash this weekend.

Do you even attempt to check your facts before making these posts you fat blithering idiot? Weil no-offered at least 9 people. You call that a 100% offer rate?

65-

My life is not a joke! I worked hard over there at Orrick. I poured my life and soul in to doc review, legal research, and shoe shinning. My reward? To be shown the door by some pasty, balding partner who cleary does not know what a manicure is. Sorry my "TTT" law degree doesn't carry weight there, but before you know it, I'll be back on the other side of the Hudson River, where men are men and assualt and battery are a common occurence.

Go day to you and to ATL,

Seton Hall Summer at Orrick who is not scared about his future!

49: Liberals complained about W non-stop for 8 years. Yet Conservatives don't even get 8 months?

whatever....ATL just gives half-assed info that is absolutely useless.....

I was told over the weekend that my position was being held open for a non-white applicant.

How many offers did Orrick NYC give?

60 - this is also true at my firm (being told offers will be given in a couple weeks, when in past years it was on the last day). But I think it may be more because 1 or 2 outliers are getting no-offered and they don't want to give the bad news right before the last day and end-of-summer celebration and stuff.
Also, 70 is correct, I think another big delay factor is just to see what the competition is doing.

77 is absolutely right. This post gets the information about Cravath wrong and is probably wrong on Weil too.

Cahill made one no-offer. Everyone else got an offer. So, Elie is right about Cahill.

The political rants are getting a little tiresome.

I think 57 is on point. What are offer rates for fall 2010?

PHJW shoved coat hangers up 75% of the summers' butts.

66,

Despite the propaganda appearing on the front page of the Journal and CNBC on a regular basis, I don't think the economy is going to be in much different shape in September than it is right now. So I don't think that is the reason firms are waiting. Probably more of what 70 says.

We're in a hole. A pretty deep one. And its going to take years to climb out. Laws firms (well-managed ones anyways) know this, and they're using it to their full benefit. I feel bad for all current law students and newly minted grads. Cold world out there.

Kramer made offers.

With these revelations today, why can't Proskauer Rose announce offers now rather than "sometime in the fall?" What are they planning?

Cravath definitely no offered and/or cold offered SAs. This information is wrong.

Comment removed by moderator.

if our president was such a smart guy, why would he agree to buy a bunch of "clunkers" from the american people? i dont mean to get all political here, but it is obvious just from the name that these cars wont run right!

yours,
nick nolte

"We also have received word that Cravath is making 100% offers." Where did you receive the "word?" This is absolutely false. There were no offers and cold offers at Cravath. I know for a fact that Cravath is not giving 100%.

More Seton Hall Summer at Orrick posts please.

I truly hope the summers enjoy the next school year, during which they will mistakenly believe they have an "offer." As soon as Bar/Bri begins and they relearn basic contracts, fear will set in once they realize the hiring partner's 'promise' to hire them a year after graduation is not an actual offer. But until then, enjoy your 100% offer rate.

What is the deal with all of the coat hanger comments? Did I miss something?

89: The government is not buying the "clunkers". It is providing a rebate to dealers, and the cars must be destroyed.

BREAKING NEWS: Locke Lord upped its offer rate to 50%.

Woo-hoo!

What happened at Cleary, Fried Frank, and Proskauer?

83- PH (NY) summer here. Yeah, without lubrication.

This post, like any purported offer of employment to desperate law students, is a cruel hoax. It is only fun to bring people down if they are happy and secure. Great job guys!

My friend was no-offered at Shearman.

Locke Lord? I thought they were bought out by Baker.

Coat hangers are really painful when they are inserted into the body.

Former Paul Hastings associate

Yeah, offers are pretty meaningless in this environment. It is better than nothing, and might help out in 3L interviewing if you are trying to get clerkships or other government jobs. But I would advise you to assume you are getting deferred at least 6-9 months unless the economy makes huge strides in the next year or so.

Problem is, law firms lag behind the rest of the economy when it comes to ramping up workforce because they are centralized and conservative ownership structures. To make things worse, there is a ton of proven talent on the street right now for law firms to choose from. If you get an offer this summer, your chances of actually starting with that firm at any point in the future are probably no better than 70-30.

This would never happen at SMU.

101: There are alot of PHJW summers walking around with coat hangers sticking out of their asses today. We are truly fucked.

It is very uncomfortable to sit at a desk and work with a coat hanger rammed up my ass.

Confucius

105: Especially when it is an engraved coat hanger.

Bummed PH (NY) SA

It's hilarious how much ATL hates Cahill. Cahill offers all but one in its summer class (not an economic reason for the no offer I assure you) and the best it gets is an after-the-jump mention. But when Cahill fires, not even lays off, 3 people for performance reasons, it gets an entire post that it laid off tons of associates. Great site this is....

The ship be rising!

107,

The reason ATL hates Cahill so much is because Cahill refuses to talk to it about anything because Cahill realizes that ATL is, indeed, simply a "tabloid."

50% offers (4 of 8) at K&L Gates in Dallas, down from 85% (11 of 13) last year.

Hogan & Hartson = 100%
Jones Day = 85%

Jones Day DC hasn't extended offers yet.

Rutan & Tucker = 66%

While an offer wouldn't be binding in normal times, couldn't you argue that in these dire economic straits a firm that ties up a 3L by making an offer and securing a committment from that 3L should be estopped from unilaterally revoking the offer? Seems like Section 90 of the Restatement ought to apply.

110, K&L Gates destroyed Hughes & Luce

I am confused. Has Proskauer extended any NYC offers, deferred or otherwise?

PH NY was fantastic this summer. If you've got something up your arse, it's because you put it there yourself.

117: PH NY associate here. Don't be fooled by the smoke and mirrors. I was there once.

You adopt a high offer rate (say 80% or above) to garner positive publicity, with the knowledge that you have the ability to defer start dates to whatever works.

If you are not going to make 80% offers, then you make them in writing after the SAs leave, so as to greatly reduce the publicity fallout (the SAs are disbursed rather than in a group in one place so the ability to create negative publicity is less). Oh, and you mail the letters seriatim, say one every three days or so, so if the SAs communicate with each other, the bad news will not arrive to all of them all at once and the full picture will be harder to put together.

117: Pull your head out of your culo. You've got to be really naive to believe in the infamous PH dog and pony show. I was once there too. This is the worst squeeze the lemon and discard the rind shithole of them all.

Greg and Seth. How do those assholes sleep at night??

118: Where are you now? Any better? Why or why not?

121: I'm still in the NY office, but looking. I too was impressed by PH's summer program. But after working here for a number of years, I could not be more disenchanted. They lie routinely and habitually and do not hesitate to throw their loyal, hardworking associates under the bus. Not to mention administration, which is an absolute nightmare here.

23 nailed it. 20 is an idiot who fails to understand basic statistical and gambling concepts.

16: "Formally"? Really? No wonder you were no-offered. Literacy actually matters in the legal profession.

ATL's hating on Cahill is unjustified. Sure they're small. Sure they're quiet. Sure sometimes they're cheap. BUT have you gotten any ridiculously upset Cahill alumni complaining? I think not.

any word on offer rates at Philly firms?

Ummm...PH summers: What are they telling you about all of the empty offices and the complete lack of corporate work? And the remaining bare-bones "Corporate Department"? Do you really believe that all of those people were let go for legitimate performance reasons? If so, you'll fit right in, only to take it up the ass yourself in 2-4 years (assuming you ever actually start).

Heard that V&E is making offers tomorrow and are going to have an 85% offer rate.

Will PH ever take this coat hanger out, or do I have to do it myself?

Everyone in Boston reeks of flatulence and offal.

Discuss.

Any word on Chicago firms?

119 is exactly right.

It looks like that that's the plan at Akin Gump and probably every other firm that is waiting a bit to give out offers.

127 - where did you hear this?

126 nailed it!!! You will see many of those PHJW Corporate (and RE) partners departing VERY quietly in the near future.

PHJW summers, the honeymoon will wear off quite soon. Once you become a PHJW associate, you basically become cannon fodder for the old golf-obsessed goats that run this place (PPP is EVERYTHING). They will show you NO LOYALTY no matter how hard you work, how much you sacrifice and how many hours you bill.

131,
are you saying Akin Gump is going to give out less than 80% offers? Is that typical for them?

2L

Elie,
The fact that the term "cold offer" is not mentioned in your post just goes to show how little you know about these big NY firms.
Most of these firms, including DP&W and S&C, use the "cold offer" lie a lot. They might be using it much more this year, but you will never know.
This is why it is stupid to write about their 100% rate.

Former Cravath associate here.

Just got off the phone with some friends at One Worldwide Plaza.

I can confirm that the Cravath offer rate -- so far -- has been 100% excluding outliers. Shouldn't hold it against the firm for no-offering one or two douchebags (apparently, major personality conflicts with partners, associates, and other summers). That's in keeping with how things have worked historically.

128

PH will shove it in harder.

PH NY summer here. They did show us a great time. However, I couldn't help noticing that none of the people who interviewed me are still here.

54 NAILED IT

136 - how many douchebags need to get no offered for it to not be considered 100% offers? A firm could no-offer only the few outliers and still get around 95% for the real offer rate.

DC firms?

Kramer Levin offered 100% of its summers so far (some people still have a couple weeks left, but the firm has indicated it plans to extend offers to all summers). Some summers received "non-department specific" offers to be resolved in 2010 whatever that means.

138 - I interviewed about 20 SA candidates, and took about 10 out for lunch. There's a decent chance that I interviewed you (and lied through my teeth about how great things were, while feeling bad about doing it). Now I sit on my couch, invite everyone I ever knew to be a LinkedIn connection to "network," and beg headhunters to return my calls.

Former Goldman manager here.

Just got off the phone with some friends at 200 West Street.

In a word -- "screwed." You're all screwed. I took your money and invested it some really shady instruments this time, despite all the lessons learned in the past 16 months. I then used my July bonus to buy a diamond encrusted scratching post for my cats. It's covered in filth and completely worthless now. I'm sorry. If it makes you feel any better, my wife left me last week, and she took MY Bentley. A few outliers aside, I'll only be extending offers to Mr. Scruffy Snoodles and Sir Meows-A-Lot.

143: I'm right there with you. I hate myself for the "sweet lies" I told them. I realize that I fell right into PHJW's culture of lies and more lies.

Here's something for the summers to chew on. PHJW had around 1300 attys in the Fall of '07. They have around 1000 now. Yet, to date, management has only admitted that 44 associate layoffs (15%) were NOT performance based. PHJW either (a) makes the worst hiring decisions in western civilization or (ii) is the worst TTT in the way it treats associates. You chose.

51--

How is old Oliver doing these days--what was his nickname ironsides?

Viva la purge

PH summers~ Did you at least get the gold-plated hangers? Or do they save those for actual associates who get hangers jammed up their ass?

Man those performance reviews are going
to be a blast!

They will get you in the front end or rear end--rest assured,

Trophy Husband secure

Marshall Dennehey gave offers to 3 out of their 4 summers. Unfortunately, one of the summers who received an offer was illiterate, and he discarded the offer letter and was never made aware of the offer.

Meanwhile, managing partner Butler B. responded by lowering associate billing rates to $75 per hour and re-affirmed his commitment to break the Guiness Book of World Records mark for most superfluous preliminary objections to a state court complaint.

147: I hear they got the gold-plated hangers with the engraved PH logo. And Barry had the decency to lubricate them before shoving them up their bums (unlike the associates).

It's now a toss-up between Latham and Paul Hastings for who has the most disgruntled associate(s) bitching on ATL. Latham used to be the clear winner, but at least they had the good sense to can their nutbag.

151 - At least they have the "prestige" of working at Latham to help them find other jobs while we have to explain to people living anywhere other than LA that Paul Hastings is actually a big firm, and their mass lay-offs were largely before PH's, so they also got a jump on us. We still have no jobs, and plenty of time on our hands.

Quinn remains.

As a former CSM associate, I just want to point out that, unlike 136, I don't think any Cravath associate would refer to the building as "One Worldwide Plaza"

Unfortunately, I don't have any inside information for you on offer rates, but I do know the firm has been cold offering 2Ls since at least 2006.

151: We have plenty to be "disgruntled" about. You see it as "bitching", we see it as calling PH out for being the TTT it truly is.

Summers: Sorry to ruin the "buzz", but you should know what is in your future. Be aware that every word out of their collective mouths is a lie, including "and" and "the." And don't say you weren't warned.

Speaking of Paul Hastings, when are they getting rid of that fraggle rock looking office administrator in NY? I hear that an ex-PH employee is filing a lawsuit against her and lining up witnesses. Godspeed to the plaintiff!!!

Texas? V&E, Baker Botts? I heard they gave 110% offers -- they gave offers to 3Ls already who didn't even summer!

Go Texas!!!!

156: I know this person. She has a pretty solid case against mj.

Cravath info is wrong - I know 2 people who got no offered. Rumor has it that 4 out of the first 18 summer associates to finish the program did not get offers.

156/158 - Ex-PH secretary here. Can I please get on that list of witnesses? I would love to talk about the hostile workplace that mj creates.

It is completely irresponsible of you to post incorrect information about the offer rates. Cravath is definitely not giving 100% offers. There is no way your story was confirmed by a credible source.

Any word on V&E's Texas offices? Any real word, that is.

25: That's odd. I heard that PE was last seen romping on the dunes at Martha's Vineyard with another pasty ole white guy. They did a fair amount of rump wrangling I hear (PE was the bottom), much to the dismay of the local constabulary.

163 - Well I hope that PE's bum chum at least had the decency to give him a reach-around!

Of course they'll give everyone an offer -- doing so costs them nothing until the soon-to-be 3L starts working more than a year from now.

"As a former CSM associate, I just want to point out that, unlike 136, I don't think any Cravath associate would refer to the building as "One Worldwide Plaza""

LOL, I'm not an ex-CSM associate but I had a few deals close there back in the day and I agree 100%. No one calls the building One Worldwide Plaza.

PE is trying to wrap his head around the fact that he's considered a sex offender on Chilmark in Martha's Vineyard and cannot come to the island while Obama takes a vacation there. He'll have to answer to the Chilmark Sheriff after the president leaves.

In the meantime, he'll have to settle with furtive romps with dark skinned elderly males in the Lower East Side.

Thompson Hine just no offered 80 percent of its SAs. The remaining 20 percent were cold offered.

Rogue Associate was certainly right about this shithole of a firm.

CSM douche bags -- it was a fucking joke.

168: It's looking like that will also be the case with Thompson Hine's peer shithole, Paul Hastings.

167: Lower East Side is not a problem for PE. He's really into the ole bbc ya know.

where did this V&E info come from and is 85% or 100% more accurate? are we really hearing today??

127 & 157 - where is this info coming from?????

I second 172's question. 127, where is your info coming from?

160 - We have enough witnesses. Thanks anyway.

Any clue when GDC will issue offers?

i hear V&E houston is only giving out 60% offers...

where are people getting this "info" on VE?

Pretty sure the "info" about V&E is just being made up. Pretty curious as to when they plan on giving out offers though since the summer program has been over for several weeks now.

I heard V&E gave offers last week

180 heard wrong - no offers have been given out

my money is on tomorrow for V&E giving out offers.

GDC should give out offers end of this week or early next week.

Corroborating 177's 60%. VE is afraid too many will accept (like last year), so they are slightly trimming back from the old 85% projection. That's what happened when people split with Locke Lord and get no-offered there...

184-
What authority do you cite for this?

184 here. I have no source I'm willing to identify on an internet comment board. Just isn't part of my career plan to do so. Sorry.

I'm hearing that Paul HasTTTings no offered 75 percent of its summers.

When did this become a V&E thread?

85% to 60% isn't slightly trimming back. Be interesting to see what happens.

184/186-
I'm sure you could say, "I heard this from somebody on the recruiting committee/the hiring partner in my office/the national hiring partner." Or you could just come clean if you are only speculating.

184: Do you think that 60% number applies firmwide, or just Houston?

i heard that v&e is giving out ice cream sandwiches with its offers

Yeah. They gave out 60% offers with ice cream sandwiches last week. This is old news.

192 - does that make them COLD offers? hehhehhaahahahahahah

there are what we were told at dechert's end of summer review: hiring decisions will be made before Aug. 31; no defer planned but will definitely extend fewer offers; last year's summer class is big and economy is bad; your performance (review) is strong, you've done your part, now cross your fingers. checked with other summers, they heard the same thing.

any info about k and e offers???

your mom gave me an offer last night.

PHJW NY summer here. I got the proverbial hanger shoved up my butt (no lubrication). What a bummer.

Fried Frank did not give 100% offers, despite their assurances all summer that everyone would be getting offers.

198 Same here. What a fuckin shithole.

dewey close to 100%

ph close to 25%.

White & Case is a shithole - their recruiting events sucked, the people are genuinely mean and they will lie about you after the fact to justify their decisions as "performance based". Future students - do not work there

203 = White & Case no offer...

Looks like the dude was right about VE. 60% offer rate. Which since they had their biggest class ever means that there's gonna be about 30 people scrambling for work...

200 But I at least got a blow job from BAB. He wasn't bad...

wonder if i should just shoot myself as a 3L w/o an offer and a huge loan.
and law school still has the audacity to charge the big tuition.

i'm with you 207. shitty feeling.

204 = duh

What did V&E HOUSTON do? They took 2x their usual number of 2L's this summer.....

Why is this good news? Firms are simply laying off 3rd and 4th year associates to make room for 1st years who know less, do lower quality work, and do it all for less money. The net benefit goes to the firm, not lawyers, and certainly not clients. 1st years excited about these offers? Think hard and you will realize you will not have any support because the mid-level associates are GONE!

211--"make room for 1st years" and "the mid-level associates are GONE."

Perhaps at your TTT firm, and perhaps only in the corporate and finance groups. I'm excited about my offer. The groups I worked in at both of my firms this summer had plenty of mid-levels, no stealth layoffs, and plenty of work.

But hey, I love your fear-mongering and blanket assertions. It fits well with the ATL comment fog.

What happened with V&E summers? 85%? 60%? Anyone hear anything about Baker Botts? Did they make offers already? What about Fulbright?

GDC should be in, right? What's the word?

V&E Houston offer rate was 60% at max. Perhaps lower.

GD&C gave close-to-100% offers. Any no-offers were well-deserved.

212 - you are a typically arrogant little 1st year prick. You think you are now hot shit because you might have passed the bar. You resort to the typical "TTT firm" slam because you can't come up with any reasonable response. Just wait until you get in there, oh btw, where exactly are you going? You don't say. Is it a TTT firm? Jackass. The layoffs are not finished yet. You'll learn if you only get your head out of your ass long enough to realize you are not as hot as you think you are.

So it's obvious V&E Houston had a horrible offer rate but what about their other offices; Austin, Dallas, New York, D.C.? Were they as bad?

218 - I have friends in V&E Austin, Dallas and D.C. and get the feeling the offer rate was considerably higher in those offices. Can't comment on V&E New York as I don't know anybody there.

More info on GDC?

Jones Day New York = 100%

I know someone who got a no offer from Weil. Does anyone know the real numbers there or are we believing their propaganda?

V&E New York was 100%

V&E completely F'd a lot of people. Their 2008 summer class had roughly 45 2Ls. 2009: 70+. While they took probably close to as many people as they did in 2008, a lot of people are being left out in the cold. They should have manned up then and rescinded offers. That would have at least given some people an opportunity to find something else as opposed to spend the majority of their summer there, only to be told how "sorry" the bearer of the bad news is. Which is worse V&E? The negative publicity of rescinding months ago, or the outright hostility and negative publicity you'll garner now from all the screwed-over law students with nothing but time on their hands?

Skadden NY started giving offers on Wednesday night and gave 99% of the class an offer

V&E's Houston offer rate was around 40%. Whoever said 60% is giving them a lot of credit.

224-
My prediction is that, in the long run, V&E won't suffer any particular "negative publicity." If the firm can strike a balance by hiring conservatively and avoiding mass layoffs, they will continue to be in relatively good shape going forward. That some 2Ls didn't get offers during the worst recession in our lifetime won't really matter much.

227 --
There are plenty of other firms that are hiring conservatively and avoiding layoffs. The ones that are distinguishing themselves as the "bad ones" are the ones that are using the excuse of a bad economy to not honor their commitments to those that they recruit. Those summers were fed a lot of crap in the fall. Hiring 70 when you wanted 25-30 shows an inability to plan ahead and does NOT demonstrate that they've got this 'conservatively' thing down. I'm sure they'll be able to fill their class this summer, but it will be people who have no other options. Not exactly the star players you want to fill your associate ranks with.

I think that BigLaw should stop hiring so many first years. See which ones can make things happen on their own - recruit the people who come to you with some initiative. Get people who actually know how to talk the talk without someone holding their hand.

These big TTT firms typically recruit cookie-cutter, journal-pushing, moot-courting, no personality law students that become work horse associates with no personality. If your clients don't like your workforce, you are one mistake away from losing your clients. You hire some people with some personality, who know how to take care of things without having their hand held, and those people will be able to retain and find new business.

These cookie-cutter d-bags couldn't find a new client if it was staring them in the face with its wallet wide open.

227 - it won't matter much to V&E, but it makes all of us have to begin every interview now explaining why we weren't offered. We are the rejected ones for this interview season, even if we had lots of opportunities we turned down to go to V&E.

230-
Point taken, but at least acknowledge that nobody could have rationally gone into this summer expecting an offer as a matter of course, from ANY firm (with very few exceptions).

Of course not. But you must acknowledge too that many firms are treating their summer associates much better than V&E. An offer, even without a start date, gives the summer associate a fighting chance to look for something else. A no-offer makes the summer start in the hole. V&E is putting about half of its summer class in a big hole.

232-
Do you have any numbers for Houston, or firmwide for that matter?

Houston hired 41/79 summer associaters. Don't know about the other offices.

234:
Do you know approximately how many of the no-offerees were splitters who were either 1) at VE during the second half of the summer or 2) at VE for a very short period (like two weeks) because they had been there for 1L summer or for some other reason? In other words, what portion of the no-offered folks had indicated, by action or deed, that VE was not necessarily their first choice?

Forgot to ask- also, were any of the no-offerees splitters with other VE offices and given offers there?

That I don't know. Most people in Houston were splitting. It seems to be the norm there.

Any idea of what BB is doing?

Debevoise offered 100%.

So we know what happened at V&E Houston and New York. Nobody has really talked about what happened in V&E's other offices. Does anybody have any information there?

240-
What do we know about V&E New York?

241 - 223 said that their offer rate was 100%. Don't know how many summers they had though.

I've heard 41/79 and 30/78, which is correct? And how do you get these numbers?

Have there been any NY Offices that haven't offered near 100%? Bingham?

Maybe the 41 number was the total summers offered for all V&E offices.

Simpson Thacher offered 100% firmwide.

235/236 - It seems like the people who stayed longer were punished at V&E since any negative comments meant a no offer. The longer you stayed, the better your chances of picking up a negative comment. Thus, those who whizzed through for a few weeks came out better than those who committed for the full time.

Go to the fresh thread:

http://abovethelaw.com/2009/08/summer_offer_rate_open_thread_2.php

anyone heard back from PHJW ny?

anyone heard back from PHJW ny?

Even a 100% offer rate from Cravath means dick because these summers can't start until 2011. Each "offer" gets $65k and plenty of time to find a clerkship or smoke pot for a year and then hope that their position will be around in 2011. It's easy to make promises if nobody has to start until 2011. The people getting dicked hardest here are last year's summers who diligently got clerkships and aren't getting the $65k. From what I hear, all they get is a big "fuck you" when they want their $65k. So much for the firm's policy of treating everyone equally.

i don't know who these people are defending Cahill, but for the record it was not three people let go (not even close) and it was not performance related. After returning to Cahill from a six-month secondment last year, I was shut out of deal work and had nothing to do for months and months. I was personally told by partners I worked with on the very few deals I was staffed on that my work was excellent. Lest anyone think the victims of the recession are the so-called low hanging fruit, there are the unlucky ones who were in the wrong place at the wrong time..

reed smith dc only made 25% offers 2 of 8 summer associates ... clearly in bad shape ...

reed smith dc only made 25% offers. 2 of 8 summer associates ... clearly in bad shape ...