2010 SA Class Sizes

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ToTransferOrNot
Posts: 1928
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Re: 2010 SA Class Sizes

Postby ToTransferOrNot » Wed May 26, 2010 11:10 pm

War Cardinal wrote:
ToTransferOrNot wrote:
(Edit: And no, Latham/Skadden Chicago are not really in the running, here)


Vault begs to differ

--ImageRemoved--


Note: very old data. Also, I'd like to know the methodology that Vault uses for its regional rankings anyway--if it incorporates any kind of information that could be remotely construed as multi-office, it obviously gives Skadden and Latham a huge advantage.

*shrug* I'm just going off what I gather talking to Chicago practitioners. Latham and Skadden treat the Chicago office as a throwoff satellite office. [ib "lolol flyover land of course they do"]. The firms I listed are known as *Chicago* firms, and they get the Chicago business.

Anonymous User
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Re: 2010 SA Class Sizes

Postby Anonymous User » Wed May 26, 2010 11:11 pm

Desert Fox wrote:
miamiman wrote:f*ck. this.

i hate to say it but i think c/o [strike]2013[/strike]2012 is f'd


Concur. But good info.

ToTransferOrNot
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Re: 2010 SA Class Sizes

Postby ToTransferOrNot » Wed May 26, 2010 11:12 pm

Desert Fox wrote:
miamiman wrote:f*ck. this.

i hate to say it but i think c/o [strike]2013[/strike] 2012 is f'd


Well 2013 too.


Yeah, was about to say. Don't worry, you get to join in on the fucked part too.

miamiman
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Re: 2010 SA Class Sizes

Postby miamiman » Wed May 26, 2010 11:12 pm

Desert Fox wrote:
miamiman wrote:f*ck. this.

i hate to say it but i think c/o [strike]2013[/strike] 2012 is f'd


Well 2013 too.



2012 being f'd is presumptive. 2013 being f'd was debatable. I don't think it's up for debate.

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thesealocust
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Re: 2010 SA Class Sizes

Postby thesealocust » Wed May 26, 2010 11:13 pm

edited / never mind
Last edited by thesealocust on Mon Jun 28, 2010 8:14 pm, edited 1 time in total.

ToTransferOrNot
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Re: 2010 SA Class Sizes

Postby ToTransferOrNot » Wed May 26, 2010 11:14 pm

But hey, at least you guys got the benefit of REALLY fucking CO 2010 and 2011.

:evil:

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rayiner
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Re: 2010 SA Class Sizes

Postby rayiner » Wed May 26, 2010 11:16 pm

miamiman wrote:f*ck. this.

i hate to say it but i think c/o 2013 is f'd


They're definitely fucked. Less fucked than c/o 2012, and a lot less fucked than c/o 2011 probably though.

miamiman
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Re: 2010 SA Class Sizes

Postby miamiman » Wed May 26, 2010 11:16 pm

*starts mass-mailing Miami shitlaw firms*

09042014
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Re: 2010 SA Class Sizes

Postby 09042014 » Wed May 26, 2010 11:17 pm

ToTransferOrNot wrote:But hey, at least you guys got the benefit of REALLY fucking CO 2010 and 2011.

:evil:


You can't complain until you get no offered.

ToTransferOrNot
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Re: 2010 SA Class Sizes

Postby ToTransferOrNot » Wed May 26, 2010 11:18 pm

Desert Fox wrote:
ToTransferOrNot wrote:But hey, at least you guys got the benefit of REALLY fucking CO 2010 and 2011.

:evil:


You can't complain until you get no offered.


:evil:

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thesealocust
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Re: 2010 SA Class Sizes

Postby thesealocust » Wed May 26, 2010 11:18 pm

edited / never mind
Last edited by thesealocust on Mon Jun 28, 2010 8:14 pm, edited 1 time in total.

ToTransferOrNot
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Re: 2010 SA Class Sizes

Postby ToTransferOrNot » Wed May 26, 2010 11:19 pm

thesealocust wrote:
Desert Fox wrote:
ToTransferOrNot wrote:But hey, at least you guys got the benefit of REALLY fucking CO 2010 and 2011.

:evil:


You can't complain until you get no offered.


No offers should be way down. It's clear firms were ultra-conservative with c/o 2011 hiring, there's no reason to believe they'll respond by dumping a ton of people.


This is what logical me tells myself when I'm procrastinating from studying for my exams etc.

But then panic/knows-I'm-going-to-have-a-hard-time-with-the-social-events-me says /pre-emptive killself

RisingMichigan3L
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Re: 2010 SA Class Sizes

Postby RisingMichigan3L » Wed May 26, 2010 11:20 pm

I'd wager a lot of money that if we play this game again next year, summer 2011 will be bigger than summer 2010 but smaller than summer 2009.


They're definitely fucked. Less fucked than c/o 2012, and a lot less fucked than c/o 2011 probably though.


I cannot help but snicker when I read lines like these. No one has disputed them. Actually, I'm pretty sure they're the consensus around here and other places. But it's funny that people feel the need to repeat it. Funnier that people think they're at all informative. Funnier because the statements are useless since the question will always be, "just how fucked is class of 201x compared to class 201y."

Not criticizing or anything. Just noting how often i read those lines here.

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thesealocust
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Re: 2010 SA Class Sizes

Postby thesealocust » Wed May 26, 2010 11:22 pm

edited / never mind
Last edited by thesealocust on Mon Jun 28, 2010 8:14 pm, edited 1 time in total.

RisingMichigan3L
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Re: 2010 SA Class Sizes

Postby RisingMichigan3L » Wed May 26, 2010 11:24 pm

No offers should be way down. It's clear firms were ultra-conservative with c/o 2011 hiring, there's no reason to believe they'll respond by dumping a ton of people.


Market is way unpredictable. And with the euro-debt crisis fermenting (Greece was only the beginning), and signs that local municipalities and such will be starting down a similar spiral, it's very likely that "great recession v 2.0" will be happening soon.

It's funny because people act like a declining Euro is a good thing. I mean... yes I am hoping for it to go lower and lower so i can vacation in Europe this summer, but the reality is that it'll hurt the US immensely, to speak nothing of further credit-belt-tightening... which in turn reduces credit/liquidity... makes it harder to finance public and private deals... greatly reduces transactional activity.

So yes, there is a very real possibility that one could be in a class, the preponderance of which is significantly no-offered this summer.

09042014
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Re: 2010 SA Class Sizes

Postby 09042014 » Wed May 26, 2010 11:26 pm

thesealocust wrote:
Desert Fox wrote:
ToTransferOrNot wrote:But hey, at least you guys got the benefit of REALLY fucking CO 2010 and 2011.

:evil:


You can't complain until you get no offered.


No offers should be way down. It's clear firms were ultra-conservative with c/o 2011 hiring, there's no reason to believe they'll respond by dumping a ton of people.


Especially in tton's market.

RisingMichigan3L
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Re: 2010 SA Class Sizes

Postby RisingMichigan3L » Wed May 26, 2010 11:26 pm

I mean, there's a lot of value in accurately speculating over these things. It's like predicting the weather: it's hard to do accurately, and nothing you do will make it stop raining when you wanted sun, but it's good to know how to dress. It necessarily requires a lot of discussion and confirmation. Not being perfectly accurate, not arguing - just puzzling it all out.


This is true. But you can't stop time. The clock is slowly ticking toward EIW/EIP/OGI/OCI/whatever, and good economy or bad economy, you will have to put your best foot forward no matter what. There should be no question that people should gun for pre-OCI screening interviews and start doing mailings well in advance of striking out from on-campus interviews.

ToTransferOrNot
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Re: 2010 SA Class Sizes

Postby ToTransferOrNot » Wed May 26, 2010 11:35 pm

RisingMichigan3L wrote:
No offers should be way down. It's clear firms were ultra-conservative with c/o 2011 hiring, there's no reason to believe they'll respond by dumping a ton of people.


Market is way unpredictable. And with the euro-debt crisis fermenting (Greece was only the beginning), and signs that local municipalities and such will be starting down a similar spiral, it's very likely that "great recession v 2.0" will be happening soon.

It's funny because people act like a declining Euro is a good thing. I mean... yes I am hoping for it to go lower and lower so i can vacation in Europe this summer, but the reality is that it'll hurt the US immensely, to speak nothing of further credit-belt-tightening... which in turn reduces credit/liquidity... makes it harder to finance public and private deals... greatly reduces transactional activity.

So yes, there is a very real possibility that one could be in a class, the preponderance of which is significantly no-offered this summer.


Good thing I'm defining myself as someone who is adept with transnational insolvency issues 8)

Also /self

miamiman
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Re: 2010 SA Class Sizes

Postby miamiman » Thu May 27, 2010 8:41 am

**woke up hoping someone had posted data overnight bailing out cos 2012-13**


**see none such**


**continue mass mailing south florida personal injury firms**

OscarTheBear
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Re: 2010 SA Class Sizes

Postby OscarTheBear » Thu May 27, 2010 9:47 am

It is funny how paranoid people are about whether Skadden or Latham should be counted as "good" Chicago firms.

After Kirkland and Ellis and possibly Bartlit Beck (which is more of a boutique, has no summer program, etc.), Skadden is probably the safest place in Chicago. And yes, that is because it has revenues from NYC and abroad. Jenner, Mayer, and Sidley are all basketcases. Latham had a bad year, but it still has 300 associates in Chicago, making it in the top 6 probably for office size.

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kittenmittons
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Re: 2010 SA Class Sizes

Postby kittenmittons » Thu May 27, 2010 10:02 am

War Cardinal wrote:
ToTransferOrNot wrote:
(Edit: And no, Latham/Skadden Chicago are not really in the running, here)


Vault begs to differ

--ImageRemoved--

LAWL @ Latham

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

Re: 2010 SA Class Sizes

Postby miamiman » Thu May 27, 2010 11:31 am

kittenmittons wrote:
War Cardinal wrote:
ToTransferOrNot wrote:
(Edit: And no, Latham/Skadden Chicago are not really in the running, here)


Vault begs to differ

--ImageRemoved--

LAWL @ Latham



is this for the current year?

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

Re: 2010 SA Class Sizes

Postby ScaredWorkedBored » Thu May 27, 2010 12:06 pm

Well, one presumes that Latham needs to stop sodomizing its classes eventually. Right?

And there basically won't be any junior lawyers in the Chicago Loop in three years because of what was done to 2010/11/12(presumed). Interesting and presumably an opportunity for someone, but weird.

Merriweather
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Re: 2010 SA Class Sizes

Postby Merriweather » Thu May 27, 2010 12:40 pm

ToTransferOrNot wrote:Note: very old data. Also, I'd like to know the methodology that Vault uses for its regional rankings anyway--if it incorporates any kind of information that could be remotely construed as multi-office, it obviously gives Skadden and Latham a huge advantage.

*shrug* I'm just going off what I gather talking to Chicago practitioners. Latham and Skadden treat the Chicago office as a throwoff satellite office. [ib "lolol flyover land of course they do"]. The firms I listed are known as *Chicago* firms, and they get the Chicago business.


yeah, skadden doesn't get any chicago business at all, except shit like the fucking chicago mercantile exchange/chicago board of trade $3B merger. just shit like that. kirkland>skadden>sidley/mayer>jenner/winston

imchuckbass58
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Re: 2010 SA Class Sizes

Postby imchuckbass58 » Thu May 27, 2010 12:58 pm

TTT-LS wrote:Cravath had ~160 summers 2 years ago, so if the 22-25 number for this summer is accurate, that's an 85% reduction.


Note that Skadden and Cravath, the two V10s with arguably the biggest reductions, deferred 2009 SAs with offers to Fall 2011. This probably is a big factor. Other V10s that didn't defer 2009 SAs (Cleary, DPW, STB, S&C) still had big reductions, but nowhere near what Cravath and Skadden did.

Edit: Same with Weil.




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