This OCI may not have the marked recovery c/o 2012 hoped for

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.
Anonymous User
Posts: 273254
Joined: Tue Aug 11, 2009 9:32 am

This OCI may not have the marked recovery c/o 2012 hoped for

Postby Anonymous User » Thu Apr 15, 2010 4:05 pm

Some firms will not be hiring rising 2Ls at all to counterbalance deferrals.

User avatar
jchoggan
Posts: 94
Joined: Sat May 02, 2009 1:26 am

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby jchoggan » Thu Apr 15, 2010 4:09 pm

um... thanks for that over-broad, unsubstantiated, needlessly-anonymous bit of pessimism.

270910
Posts: 2437
Joined: Thu May 21, 2009 9:51 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby 270910 » Thu Apr 15, 2010 4:10 pm

OCI 2010, for c/o 2012, would be for grads starting in Fall 2012. To my knowledge, no firms have deferred any incoming associates that far back, not are there likely plans to do so.

I'm not saying NY TO 190 WE ALL GONNA GET JOBS, but I don't think deferals are going to be nearly the factor for OCI 2010 & C/O 2012 as they were for OCI 2009 & C/O 2011.

[Obligatory 'blatant abuse of anonymous posting' statement]

User avatar
RVP11
Posts: 2774
Joined: Tue Nov 06, 2007 6:32 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby RVP11 » Thu Apr 15, 2010 4:13 pm

Early reports from one T14 are that every firm who canceled OCI there last year has already signed up for this year. 2012 will be better than 2011, but it will still be bad. HTH.

User avatar
underdawg
Posts: 1131
Joined: Wed Oct 24, 2007 1:15 am

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby underdawg » Fri Apr 16, 2010 12:51 am

umm...if markedly less firms do that this year than last, then it very well may be a marked recovery

tho don't hold your breath

User avatar
TTT-LS
Posts: 764
Joined: Fri Jan 18, 2008 5:36 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby TTT-LS » Fri Apr 16, 2010 1:22 am

.
Last edited by TTT-LS on Sun Jul 11, 2010 4:41 pm, edited 1 time in total.

User avatar
Dead Ringer
Posts: 151
Joined: Mon May 12, 2008 2:07 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby Dead Ringer » Fri Apr 16, 2010 1:25 am

Well Orrick is taking 1l summers, so that can't be a bad sign.

User avatar
bwv812
Posts: 548
Joined: Sat Apr 26, 2008 12:18 am

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby bwv812 » Fri Apr 16, 2010 5:43 am

.
Last edited by bwv812 on Mon Nov 22, 2010 5:52 pm, edited 1 time in total.

User avatar
pany1985
Posts: 389
Joined: Wed Jan 28, 2009 9:08 am

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby pany1985 » Fri Apr 16, 2010 6:21 am

I predict 100% employment at graduation for the class of 2012 at every school*




*at least according to USNWR

miamiman
Posts: 1486
Joined: Mon Mar 02, 2009 8:55 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby miamiman » Fri Apr 16, 2010 7:23 am

Can someone provide hard data or at least relevant anecdote suggesting oci will be better, worse, or the same?


Especiallly curious to hear what firms are projecting

User avatar
doinmybest
Posts: 460
Joined: Tue Jun 03, 2008 10:59 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby doinmybest » Fri Apr 16, 2010 8:22 am

miamiman wrote:Can someone provide hard data or at least relevant anecdote suggesting oci will be better, worse, or the same?


Especiallly curious to hear what firms are projecting


From what I understand, we don't have access to hard data, and we may never get it. Though I would be interested in some relevant anecdotes...

LurkerNoMore
Posts: 237
Joined: Thu Oct 09, 2008 12:05 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby LurkerNoMore » Fri Apr 16, 2010 9:47 am

miamiman wrote:Can someone provide hard data or at least relevant anecdote suggesting oci will be better, worse, or the same?


Especiallly curious to hear what firms are projecting


Check out the NALP Directory. It lists the projected number of summer associates they will hire for 2010. That number could flex in either direction, of course, but it's the best you'll get right now. You can also contact your school's career office and see if they will tell you how many firms have pre-registered for OCI at this point and if they are getting back any of the firms they lost last year. How open CDO will be to this request will vary by school.

270910
Posts: 2437
Joined: Thu May 21, 2009 9:51 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby 270910 » Fri Apr 16, 2010 10:12 am

LurkerNoMore wrote:
miamiman wrote:Can someone provide hard data or at least relevant anecdote suggesting oci will be better, worse, or the same?


Especiallly curious to hear what firms are projecting


Check out the NALP Directory. It lists the projected number of summer associates they will hire for 2010. That number could flex in either direction, of course, but it's the best you'll get right now. You can also contact your school's career office and see if they will tell you how many firms have pre-registered for OCI at this point and if they are getting back any of the firms they lost last year. How open CDO will be to this request will vary by school.


2010 NALP data are those summering IN 2010, not being hired during OCI of 2010 (who will summer in 2011). So it's a lagging indicator at best.

Buzz is (from my source + TLS) they many more firms are participating in OCI this year than last. Looks like 2011 really got the worst of it.

ScaredWorkedBored
Posts: 409
Joined: Sat Jul 11, 2009 12:39 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby ScaredWorkedBored » Fri Apr 16, 2010 7:30 pm

I have faith in the Iceland volcano to tip Europe back into recession, foul the capital markets and condemn the Class of 2012 to oblivion.

Colton
Posts: 53
Joined: Wed Feb 18, 2009 8:00 pm

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby Colton » Fri Apr 16, 2010 7:37 pm

bwv812 wrote:
Dead Ringer wrote:Well Orrick is taking 1l summers, so that can't be a bad sign.


Taking 1L summers is little commitment since they know the student will probably do 2L summer elsewhere, and there really isn't a no-offer stigma attached to 1L SAs. There is also a strong interest in maintaining a tie to schools (especially for a firm like Orrick that didn't/won't really have a proper SA class this summer), not only with career services but also with the students and the word-of-mouth benefits of having students who summered there... or at least this is what an Orrick hiring partner told me.


Orrick has already announced they're hiring 2Ls next summer, at least as part of their New Talent Model system.

User avatar
prezidentv8
Posts: 2821
Joined: Mon Dec 29, 2008 5:33 am

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby prezidentv8 » Fri Apr 16, 2010 7:55 pm

EVERYBODY PANIC


--ImageRemoved--
--ImageRemoved--

User avatar
bwv812
Posts: 548
Joined: Sat Apr 26, 2008 12:18 am

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby bwv812 » Fri Apr 16, 2010 8:46 pm

.
Last edited by bwv812 on Mon Nov 22, 2010 5:52 pm, edited 1 time in total.

User avatar
OperaSoprano
Posts: 4410
Joined: Tue Nov 25, 2008 1:54 am

Re: This OCI may not have the marked recovery c/o 2012 hoped for

Postby OperaSoprano » Fri Apr 16, 2010 8:58 pm

http://abovethelaw.com/2010/02/mintz-le ... 0-to-2012/

I am doing research, but as far as I know, it was a rare occurrence.

Also, my school had this to say about deferrals:

In the Spring of 2009 some large law firms began to announce that incoming associates' start dates would be deferred by a few months to a year. Each firm had a different situation and not every firm deferred start dates. NALP provided guidance to law schools that they should report these students as employed at their firms regardless of their start date and if they were volunteering at public sector employers during their deferral period; so the above chart reflects that. To assist prospective and admitted students in understanding this situation, we undertook an effort to obtain specific start dates for each of these graduates:
(i) 44% started with their firm in Fall 2009;
(ii) 28% started with their firm in January/February 2010;
(iii) 4% will start with their firm in Spring 2010;
(iv) 9% will start with their firm in Fall 2010; and
(v) 3% will start with their firm in January 2011.
(Of the graduates employed at large law firms 88% responded with their specific start date; the remaining 12% while confirming employment did not provide us with their start date). Those whose start dates were deferred to the Spring 2010 or later, received stipends from their firms and are currently volunteering and gaining legal experience in a variety of public sector settings.

No 2012, fortunately.




Return to “Legal Employment”

Who is online

The online users are hidden on this forum.