Biglaw, Cold Offers, Job Searches, No Offers, Summer Associates

Summer Associate Offer Rates: An Update

Since our initial call for information about summer associate offer rates at major law firms, a number of people have contacted us with reports. As it turns out, there's a lot of good news floating around out there for summer associates. 100% offer rates abound. Let's round them up....

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Since our initial call for information about summer associate offer rates at major law firms, a number of people have contacted us with reports. As it turns out, there’s a lot of good news floating around out there for summer associates.

This leads us to two conclusions:

  • Biglaw firms only brought in people they could actually hire.
  • You class of 2011 people are some boring individuals.

Honestly, listening to your summer stories is like looking at the Facebook photos of a Mormon school group’s vacation to Amish country. We know that people are worried about getting offers in this tough market, but the risk-aversion of the summers this year borders on cowardice.

Live a little, have a drink, ask her for her number. It’s a job interview, not an audience with the Pope.

In any event, 100% offer rates abound. Let’s round them up….

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Here’s what we know, so far. The following offices of the following firms boast 100 percent offer rates (note that we’ve removed some firms that appeared on our earlier list due to a lack of information as to which of their offices had 100 percent offer rates):

  • Dechert (New York, Philadelphia)
  • Jones Day (Dallas)
  • K&L Gates (Boston, Chicago)
  • Latham & Watkins (D.C., New York, Orange County, San Francisco)
  • O’Melveny & Myers (New York)
  • Proskauer (New York)
  • Quinn Emanuel (Los Angeles, San Francisco, Silicon Valley)
  • Ropes & Gray (New York, San Francisco, Silicon Valley)
  • Schulte Roth & Zabel (New York)
  • Weil Gotshal (New York)
  • White & Case (Los Angeles)

UPDATE (4 PM): Please note that this list has been updated a bit since it was originally published (and we will continue to tweak it as we receive more information).

Some color commentary on selected firms with 100 percent offer rates:

Proskauer Rose: “Proskauer gave offers to all in the New York office. They told everyone during exit interviews last Friday.”

Quinn Emanuel: “QE has 100% offer rate for all three of its California offices (LA, SF, SV). That’s a lot of future associates, [but the] firm is doing amazingly well and everyone is so busy billing more than 2700, so there is no shortage of work for these associates. Thank goodness for that!”

Weil Gotshal: “100% in NY. Champagne, etc.”

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And some complaints regarding firms that are keeping their summers in limbo:

Katten Muchin Rosenman: “In the Chicago office we finish this Friday. They told us it might be a while until we hear something but won’t be specific. Maybe a little public pressure would help?”

Paul Hastings: “PH won’t be giving offers until mid to late August, i.e., after I have to do 3L OCI again (for which I got a grand total of two interviews). F**k this s**t.”

If you have corrections or additional information about offer rates, please email us at tips@abovethelaw.com, or text us at 646-820-TIPS (646-820-8477). [FN1]

Congratulations to all of you who have already received offers (which hopefully won’t be rescinded, even if the economy enters a double-dip recession). We’re disappointed in how boring you are, but we understand your desire for gainful employment after graduation.

[FN1] More specifically, we are hearing conflicting reports about offer rates in the Los Angeles office of Latham & Watkins and also about various offices of Gibson Dunn. If you have info you can share, please email. Thanks.

Earlier: Summer Associate Offer Rates: Open Thread

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