callbacks-> offer ratio Forum

[yellowjacket2012]

Does anyone know this ratio? Do callbacks usually (> 75%) turn into a job offer unless you screw it up personality wise?

[270910]

Historically 70-80% according to some sources. Other sources have pegged it more in the 60-70% range. Smaller firms sometimes have lower ratios, bigger firms sometimes have higher ratios. Last year reports of 30-40% were not uncommon.

Having the "yours to loose" attitude is probably appropriate whatever the ratio is. No place I have ever heard of will bring in 10 people expecting to make 1 offer. Keep in mind the firm is hedging too, since they know their yield rate will be under 100% even ITE.

[yellowjacket2012]

Historically 70-80% according to some sources. Other sources have pegged it more in the 60-70% range. Smaller firms sometimes have lower ratios, bigger firms sometimes have higher ratios. Last year reports of 30-40% were not uncommon.

Having the "yours to loose" attitude is probably appropriate whatever the ratio is. No place I have ever heard of will bring in 10 people expecting to make 1 offer. Keep in mind the firm is hedging too, since they know their yield rate will be under 100% even ITE.

Thank you.

[Anonymous User]

It is, however, possible to get 10 callbacks and 0 offers.

[chitown825]

Boutique firms may have 10 callbacks to hire 1, but at a large firm this is uncommon

[Anonymous User]

Boutique firms may have 10 callbacks to hire 1, but at a large firm this is uncommon

Summering at a but-for-its-small-size-it-would-be-biglaw boutique. 2 callbacks were conducted for 2 hires for the summer.

Not saying it's a trend, just pointing out that smaller firm doesn't always = worse odds of getting the offer at a callback.

[steve_nash]

OP: it used to be that way, but last year was dramatically different. In my own experience, it was about 30% callback to offer ratio. That was common for the folks who got callbacks at my school. Granted, I don't go to a t14 school, so perhaps it was different at the top.

[yellowjacket2012]

I'm hoping, big time, that its not 30% for IP.

[270910]

I'm hoping, big time, that its not 30% for IP.

Why would IP be any different?

[NYAssociate]

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[let/them/eat/cake]

Depends on the firm. I believe S&C is almost 100%. Kirkland, I think, was 10 for 10 last year with Columbia. DPW tends to hover around 30%.

is the rest of the V10 more like S&C or more like DPW? it seems odd that two peer firms would have such drastically different offer rate to callback ratios.

[Anonymous User]

CAUTION: BOOM TIME DATA AHEAD

Columbia University Boom Time Callback Attended <-> Firm Offer Ratios for the ~V10

NYC offices:

WLRK: 43%
Cravath: 72%
Skadden: 78%
S&C: 90%
DPW: 45%
STB: 82%
Cleary: 65%
Weil: 75%

[como]

Depends on the firm. I believe S&C is almost 100%. Kirkland, I think, was 10 for 10 last year with Columbia. DPW tends to hover around 30%.

is the rest of the V10 more like S&C or more like DPW? it seems odd that two peer firms would have such drastically different offer rate to callback ratios.

Does it though? It seems as though S&C is more a nerd factory that doesn't really care too much about the personality of the candidate. It would make sense that the screening interview would thereby play a bigger role. However, DPW is known as a "lifestyle" firm that probably puts the kibosh on mouth breathers. It makes sense that they would rely more on call-backs.

[270910]

DPW is known as a "lifestyle" firm

I know what you mean when you try to say that, but I think you're a bit offbase. Most people, in my experience, use 'lifestyle' to refer to firms that don't grind you into dust with >> 2,000 billable hour expectations. DPW is such a place.

You're right that is has a much hyped personality factor going for it, but I really don't think most people would use the term 'lifestyle' and 'DPW' in the same sentence.

[98234872348]

CAUTION: BOOM TIME DATA AHEAD

Columbia University Boom Time Callback Attended <-> Firm Offer Ratios for the ~V10

NYC offices:

WLRK: 43%
Cravath: 72%
Skadden: 78%
S&C: 90%
DPW: 45%
STB: 82%
Cleary: 65%
Weil: 75%

I wonder whether, ITE, it would be higher or lower. I assume lower, but, seeing as I am under the impression that the job offer rate for SAs is going to increase due to the decreased class sizes, maybe it actually increased, you know, firms trying to efficiently utilize resources/etc.

Probably not, though.

[bwv812]

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[edcrane]

DPW is most assuredly NOT a lifestyle firm. The hours there are every bit as bad as they are at other V15 firms (CSM and WLRK aside). It has a reputation for being "nice," but that has nothing to do with the hours. Nice just means they have passive aggressive partners who virtually never yell at or otherwise mistreat associates.

As to their callback/offer ratio, it's important to realize that DPW does a TON of callback interviews. They back load the selection process, presumably because they care more about "fit."

[como]

DPW is most assuredly NOT a lifestyle firm. The hours there are every bit as bad as they are at other V15 firms (CSM and WLRK aside). It has a reputation for being "nice," but that has nothing to do with the hours. Nice just means they have passive aggressive partners who virtually never yell at or otherwise mistreat associates.

As to their callback/offer ratio, it's important to realize that DPW does a TON of callback interviews. They back load the selection process, presumably because they care more about "fit."

The "fit" is what I meant by "lifestyle." I guess I caused some confusion, which disco pointed out. I agree with your presumption about their back-loading strategy.

[yellowjacket2012]

I'm hoping, big time, that its not 30% for IP.

Why would IP be any different?

firms expanding IP depts

[Anonymous User]

CAUTION: BOOM TIME DATA AHEAD

Columbia University Boom Time Callback Attended <-> Firm Offer Ratios for the ~V10

NYC offices:

WLRK: 43%
Cravath: 72%
Skadden: 78%
S&C: 90%
DPW: 45%
STB: 82%
Cleary: 65%
Weil: 75%

I wonder whether, ITE, it would be higher or lower. I assume lower, but, seeing as I am under the impression that the job offer rate for SAs is going to increase due to the decreased class sizes, maybe it actually increased, you know, firms trying to efficiently utilize resources/etc.

Probably not, though.

ITE update:

NYC offices:

WLRK: 18%
Cravath: 57%
Skadden: 43%
S&C: 90%
DPW: 28%
STB: 75%
Cleary: 38%
Weil: 50%

[como]

CAUTION: BOOM TIME DATA AHEAD

Columbia University Boom Time Callback Attended <-> Firm Offer Ratios for the ~V10

NYC offices:

WLRK: 43%
Cravath: 72%
Skadden: 78%
S&C: 90%
DPW: 45%
STB: 82%
Cleary: 65%
Weil: 75%

I wonder whether, ITE, it would be higher or lower. I assume lower, but, seeing as I am under the impression that the job offer rate for SAs is going to increase due to the decreased class sizes, maybe it actually increased, you know, firms trying to efficiently utilize resources/etc.

Probably not, though.

ITE update:

NYC offices:

WLRK: 18%
Cravath: 57%
Skadden: 43%
S&C: 90%
DPW: 28%
STB: 75%
Cleary: 38%
Weil: 50%

Damn.

[NYAssociate]

.

[como]

There are probably 20 other firms you'd want to take over Skadden and Weil anyways, so it's no big deal.

Do you think there is any correlation between V100 rank and call-back:offer ratio, or do you think it is firm-specific?

[270910]

There are probably 20 other firms you'd want to take over Skadden and Weil anyways, so it's no big deal.

Do you think there is any correlation between V100 rank and call-back:offer ratio, or do you think it is firm-specific?

Probably just firm specific. Rates were always high at all firms because it's expensive to callback a law student. You drop hundreds on the meal in many instances, hundreds on transportation and lodging costs, and the interviews are going to take up at least 3-4 hours of otherwise billable attorney time.

[NYAssociate]

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