Summer Associates 2014: Thoughts, Anxieties, Experiences... Forum

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SA ends and you receive an offer, what are you drinking?

Beer
14
13%
Whiskey
39
35%
Tequila
11
10%
Cocktail
11
10%
Champagne
21
19%
Wine (red, white, box)
16
14%
 
Total votes: 112

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WokeUpInACar

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by WokeUpInACar » Thu Aug 07, 2014 6:36 pm

Anonymous User wrote:How can we tell if we're offered because they love us or are byproducts of wanting to keep 100 percent offer rates? If it's 100 percent for big classes wouldn't it seem many were "eh, not that bad..."
Who cares?

Mal Reynolds

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Mal Reynolds » Thu Aug 07, 2014 6:36 pm

Anonymous User wrote:How can we tell if we're offered because they love us or are byproducts of wanting to keep 100 percent offer rates? If it's 100 percent for big classes wouldn't it seem many were "eh, not that bad..."
Why do you care.

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wiz

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by wiz » Thu Aug 07, 2014 6:41 pm

Danger Zone wrote:
Danger Zone wrote:(furiously biting nails)
Got the call; offered. On fucking cloud nine.
Congrats brother

Neal Patrick Harris

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Neal Patrick Harris » Thu Aug 07, 2014 7:03 pm

Anonymous User wrote:How can we tell if we're offered because they love us or are byproducts of wanting to keep 100 percent offer rates? If it's 100 percent for big classes wouldn't it seem many were "eh, not that bad..."
It's hard to tell if you were told it was all sunshine in your reviews.

I know some people were told they were a "close call," which has to be unsettling.

Danger Zone

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Danger Zone » Thu Aug 07, 2014 11:06 pm

Thanks all. Honestly couldn't have done it without TLS reminding me everyday to stop being a neurotic moron. What a goddamn relief.

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Anonymous User » Fri Aug 08, 2014 12:43 am

Mal Reynolds wrote:
Anonymous User wrote:How can we tell if we're offered because they love us or are byproducts of wanting to keep 100 percent offer rates? If it's 100 percent for big classes wouldn't it seem many were "eh, not that bad..."
Why do you care.
If it'd impact the work or practice group you get later. This is really a if you loved your firm but could probably "trade up" but don't want to unless you should question. I don't understand how telling a summer it was a close call but offer benefits the firm unless they are subtly encouraging them to apply elsewhere. The people making these decisions are doing so because they're smart. I'd imagine they're only going to divulge information that will benefit the firm or the summer. My clique all had the sunshine speech so I don't know if that example is cold offer talk? I'm probably overthinking it but I know I wouldn't have picked a sub-90 percent firm irrespective of rank because the career outlook from a V-5 vs V-30 pale in comparison to a V-100 vs. No offer. I'm sure most think similarly so the offer rate is hugely important to big firms... Probably worth eating a lot of salary for.

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Pleasye

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Pleasye » Fri Aug 08, 2014 9:39 am

Congrats DZ.

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El Pollito

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by El Pollito » Fri Aug 08, 2014 10:33 am

Anonymous User wrote:
Mal Reynolds wrote:
Anonymous User wrote:How can we tell if we're offered because they love us or are byproducts of wanting to keep 100 percent offer rates? If it's 100 percent for big classes wouldn't it seem many were "eh, not that bad..."
Why do you care.
If it'd impact the work or practice group you get later. This is really a if you loved your firm but could probably "trade up" but don't want to unless you should question. I don't understand how telling a summer it was a close call but offer benefits the firm unless they are subtly encouraging them to apply elsewhere. The people making these decisions are doing so because they're smart. I'd imagine they're only going to divulge information that will benefit the firm or the summer. My clique all had the sunshine speech so I don't know if that example is cold offer talk? I'm probably overthinking it but I know I wouldn't have picked a sub-90 percent firm irrespective of rank because the career outlook from a V-5 vs V-30 pale in comparison to a V-100 vs. No offer. I'm sure most think similarly so the offer rate is hugely important to big firms... Probably worth eating a lot of salary for.
Don't do litigation.

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Anonymous User » Fri Aug 08, 2014 10:47 am

Finished up SA 2 weeks ago. Firm said they intended to make 100% offers, but no word yet...

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SemperLegal

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by SemperLegal » Fri Aug 08, 2014 11:03 am

I just want to make a note for the next generation of SA. Fill out your w-2 forms correctly (i.e. around 24 withholdings, using IRS calculator) I earned an extra $5K this summer, which I am using on rent. However, if you really like having a happy surprise at tax time, throw it in an Index fund and enjoy that last year of tax free capital gains.

Neal Patrick Harris

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Neal Patrick Harris » Fri Aug 08, 2014 11:10 am

SemperLegal wrote:I just want to make a note for the next generation of SA. Fill out your w-2 forms correctly (i.e. around 24 withholdings, using IRS calculator) I earned an extra $5K this summer, which I am using on rent. However, if you really like having a happy surprise at tax time, throw it in an Index fund and enjoy that last year of tax free capital gains.
This.

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Anonymous User » Fri Aug 08, 2014 11:31 am

JUST LET ME KNOW ALREADY!!!!

09042014

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by 09042014 » Fri Aug 08, 2014 2:18 pm

SemperLegal wrote:I just want to make a note for the next generation of SA. Fill out your w-2 forms correctly (i.e. around 24 withholdings, using IRS calculator) I earned an extra $5K this summer, which I am using on rent. However, if you really like having a happy surprise at tax time, throw it in an Index fund and enjoy that last year of tax free capital gains.
Also, if you get a crazy large refund you get audited. Like 20% of my ls class got audited.

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mephistopheles

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by mephistopheles » Fri Aug 08, 2014 4:41 pm

Desert Fox wrote:
SemperLegal wrote:I just want to make a note for the next generation of SA. Fill out your w-2 forms correctly (i.e. around 24 withholdings, using IRS calculator) I earned an extra $5K this summer, which I am using on rent. However, if you really like having a happy surprise at tax time, throw it in an Index fund and enjoy that last year of tax free capital gains.
Also, if you get a crazy large refund you get audited. Like 20% of my ls class got audited.
yes, i was audited from this past summer. i talked with tax advocacy and they were like, oh it looks like your w2 is already all good, so it should just be another few weeks of processing

such bs

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Anonymous User » Fri Aug 08, 2014 7:19 pm

If I was cold offered and accepted, should I be less concerned about the possible ramifications of reneging?

09042014

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by 09042014 » Fri Aug 08, 2014 7:26 pm

Anonymous User wrote:If I was cold offered and accepted, should I be less concerned about the possible ramifications of reneging?
Yea you'd be doing them a favor. How cold was the offer.

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Pleasye

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Pleasye » Fri Aug 08, 2014 8:16 pm

I didn't get an offer but I get to stay where I am for the fall semester so I'm making progress :).

Edit: to be clear a full time offer just from summer wasn't possible, it's a small firm.

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Danger Zone

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Danger Zone » Fri Aug 08, 2014 8:26 pm

Pleasye wrote:I didn't get an offer but I get to stay where I am for the fall semester so I'm making progress :).

Edit: to be clear a full time offer just from summer wasn't possible, it's a small firm.
Obviously a great sign though. Keep it up!

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Anonymous User » Sat Aug 09, 2014 4:22 pm

Desert Fox wrote:
Anonymous User wrote:If I was cold offered and accepted, should I be less concerned about the possible ramifications of reneging?
Yea you'd be doing them a favor. How cold was the offer.
Chilly, if not brisk. Was given an offer in a department I had expressed no interest in and had no experience with. I was then contacted by a third party with ties to the firm and told that if I didn't accept the offer immediately, it would disappear. So I accepted, but now other firms want to interview me.

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txdude45

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by txdude45 » Sat Aug 09, 2014 4:25 pm

Anonymous User wrote:
Desert Fox wrote:
Anonymous User wrote:If I was cold offered and accepted, should I be less concerned about the possible ramifications of reneging?
Yea you'd be doing them a favor. How cold was the offer.
Chilly, if not brisk. Was given an offer in a department I had expressed no interest in and had no experience with. I was then contacted by a third party with ties to the firm and told that if I didn't accept the offer immediately, it would disappear. So I accepted, but now other firms want to interview me.
That can't be compliant with the rules.

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Anonymous User » Sat Aug 09, 2014 4:33 pm

txdude45 wrote:
Anonymous User wrote:
Desert Fox wrote:
Anonymous User wrote:If I was cold offered and accepted, should I be less concerned about the possible ramifications of reneging?
Yea you'd be doing them a favor. How cold was the offer.
Chilly, if not brisk. Was given an offer in a department I had expressed no interest in and had no experience with. I was then contacted by a third party with ties to the firm and told that if I didn't accept the offer immediately, it would disappear. So I accepted, but now other firms want to interview me.
That can't be compliant with the rules.
Which isn't compliant? Me potentially interviewing with other firms? If you're referring to the firm's actions, pretty sure there aren't "rules," just guidelines, which are nonbinding.

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Druid

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by Druid » Sat Aug 09, 2014 4:54 pm

You should interview with the other firms for sure.

dixiecupdrinking

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by dixiecupdrinking » Sat Aug 09, 2014 5:01 pm

Anonymous User wrote:
Desert Fox wrote:
Anonymous User wrote:If I was cold offered and accepted, should I be less concerned about the possible ramifications of reneging?
Yea you'd be doing them a favor. How cold was the offer.
Chilly, if not brisk. Was given an offer in a department I had expressed no interest in and had no experience with. I was then contacted by a third party with ties to the firm and told that if I didn't accept the offer immediately, it would disappear. So I accepted, but now other firms want to interview me.
This sounds like some godfather bullshit. Who is this "third party?"

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mephistopheles

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by mephistopheles » Sat Aug 09, 2014 5:02 pm

dixiecupdrinking wrote:
Anonymous User wrote:
Desert Fox wrote:
Anonymous User wrote:If I was cold offered and accepted, should I be less concerned about the possible ramifications of reneging?
Yea you'd be doing them a favor. How cold was the offer.
Chilly, if not brisk. Was given an offer in a department I had expressed no interest in and had no experience with. I was then contacted by a third party with ties to the firm and told that if I didn't accept the offer immediately, it would disappear. So I accepted, but now other firms want to interview me.
This sounds like some godfather bullshit. Who is this "third party?"
yeah, wtf is "ties to the firm" and why were you being counseled from somebody not at the firm

cdelgado

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Re: Summer Associates 2014: Thoughts, Anxieties, Experiences...

Post by cdelgado » Mon Aug 11, 2014 11:40 am

Anyone else still waiting to hear?

Seriously? What are you waiting for?

Now there's a charge.
Just kidding ... it's still FREE!


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