thesealocust wrote:booyakasha wrote:miamiman wrote:I'd bet sealocust is actually right in his musing.
For the sake of argument, let's assume that not a single YLS student actually wants Cadwalader. (For the record, I suspect that's a fair assumption.) And we know that 4 / 190 (~2% of the class) ended up there. Is it so crazy to assume that straight Ps, even at YLS, place you below the acceptable "GPA" range for a V5 in this fucking awful economy? (You'd have to guess that the "median" YLS student has > 1 H, right?)
Just grasping in the air here but I dont think this an erroneous leap in logic.
this post brings up a completely unrelated question I have about firm rankings... what's the fundamental difference between working at a V10 and something ranked slightly lower (like maybe 20-50)? job security (lol)? better bonuses/salary increases?
[Insert heavy disclaimer / caveat about how I apparently know nothing here]: The V10 is a horrible cutoff, people just like deciles. Broadly speaking though, they have a mix of prestige and size that means things in terms of exit options, salary, and stability. They get (better) clients who tend to hire associates for whom firm life doesn't work out, when shit turns south work can migrate 'to the top' (for evidence of this, see the precipitous drop in offer rate as you slide down the V100). But the list itself is heavily NYC-centric: Skadden will always be easier to get than Covington, W&C will always be more selective than any firm ranked between it and Wachtell, etc. The firms also tend to come with more intense reputation (see, e.g., surveys of average hours worked) - they tend to, if the data are accurate, squeeze just a little more blood out of their associates than the firms that come later on the list.
As an incidental effect of how vault does its surveys and rankings, the V10 also heavily emphasize firms that attract the best M&A / corporate / financial deals and work, which to a certain section of the law student population is very attractive. To others, obviously, it's irrelevant.
i think people are just a little turned off by your conclusory "op is not fucking getting skadden" - it's not like you have a gpa sheet with yale "numbers" and offer info
granted everyone's become more selective - but there are too many variables (including the infamous yale mystique) for you to be that hard-line