Desert Fox wrote:bigben wrote:Desert Fox wrote:We need to remember these guys OCI'd in 2007 at the peak of the boom. A lot of them did get no offered, but even more of class of 10 got no offered. Class of 11 just never got the SA jobs in the first place.
Definitely. '10 will be much worse, and '11 worse yet.
From there, '11 will be the new norm with only a slight uptick and then leveling off. There is certainly no indication of a return to the boom levels. Just a new and different era of sorts.
I think some schools will be doing better than others. No offers hit schools indiscriminately, but schools like WUSTL, UIUC and ND will get hammered in the 2011 data. Firms stuck with t14's when shit got bad.
Yep. Early whispers have unnamed lower T14s with 40% or so in big firms for class of 2011. That's not such a catastrophic drop from 50% to 55%. At schools like those named above, that drop could be more like 30% to 10%.