Tiny Ray of Hope Forum

[Sell Manilla]

BB? What is this madness?

[Grizz]

Today is a good day.

[romothesavior]

As exciting as this thread is, let's also temper our excitement by keeping in mind the possibility of a double-dip recession, the still-atrocious national unemployment numbers, troubling financial situations around the globe, and the lingering economic doubts (both consumers and companies). Although I'd like to hope we turn a corner and bounce back to a "new normal," it is hard to predict long term. This could just end up being a short term fix to the heavy workload and strained

The rising 2Ls on here could be staring down no-offers a year from now and the rising 1Ls could be staring down an OCI bloodbath.

With that said, it is still the best legal employment news we've had in years.

[miamiman]

As exciting as this thread is, let's also temper our excitement by keeping in mind the possibility of a double-dip recession, the still-atrocious national unemployment numbers, troubling financial situations around the globe, and the lingering economic doubts (both consumers and companies). Although I'd like to hope we turn a corner and bounce back to a "new normal," it is hard to predict long term. This could just end up being a short term fix to the heavy workload and strained

The rising 2Ls on here could be staring down no-offers a year from now and the rising 1Ls could be staring down an OCI bloodbath.

With that said, it is still the best legal employment news we've had in years.

stab us in the heart why don't you.

[Warhawk]

As exciting as this thread is, let's also temper our excitement by keeping in mind the possibility of a double-dip recession, the still-atrocious national unemployment numbers, troubling financial situations around the globe, and the lingering economic doubts (both consumers and companies). Although I'd like to hope we turn a corner and bounce back to a "new normal," it is hard to predict long term. This could just end up being a short term fix to the heavy workload and strained

The rising 2Ls on here could be staring down no-offers a year from now and the rising 1Ls could be staring down an OCI bloodbath.

With that said, it is still the best legal employment news we've had in years.

Jeez, who pissed in your cheerios this morning?

[skoobily doobily]

As exciting as this thread is, let's also temper our excitement by keeping in mind the possibility of a double-dip recession, the still-atrocious national unemployment numbers, troubling financial situations around the globe, and the lingering economic doubts (both consumers and companies). Although I'd like to hope we turn a corner and bounce back to a "new normal," it is hard to predict long term. This could just end up being a short term fix to the heavy workload and strained

The rising 2Ls on here could be staring down no-offers a year from now and the rising 1Ls could be staring down an OCI bloodbath.

With that said, it is still the best legal employment news we've had in years.

Without any tangible evidence for why our economy would dip down even further into a recession, I refuse your pessimistic speculation and will rejoice with blind optimism at the posting of this article. NY to 190, ATL to 240!

[miamiman]

As exciting as this thread is, let's also temper our excitement by keeping in mind the possibility of a double-dip recession, the still-atrocious national unemployment numbers, troubling financial situations around the globe, and the lingering economic doubts (both consumers and companies). Although I'd like to hope we turn a corner and bounce back to a "new normal," it is hard to predict long term. This could just end up being a short term fix to the heavy workload and strained

The rising 2Ls on here could be staring down no-offers a year from now and the rising 1Ls could be staring down an OCI bloodbath.

With that said, it is still the best legal employment news we've had in years.

Without any tangible evidence for why our economy would dip down even further into a recession, I refuse your pessimistic speculation and will rejoice with blind optimism at the posting of this article. NY to 190, ATL to 240!

to be fair, the housing market has been predicting one for awhile and the recent dip in confidence does not bode well. and then, of course, there's this:
http://www.dailyfinance.com/story/inves ... /19568906/

edit: all of that said, the equities market is not predicting one. neither is most of the smart money on wall street

[romothesavior]

Sorry to be a pessimistic MM on all of you. I don't deny that this is fabulous news, especially for rising 2Ls and hopefully for us rising 1Ls. It is far better than the opposite!

I know TLS is all about rampant speculation, wild predictions, and huge swings of attitude. I just want to remind everyone that a few weeks ago, we were talking about things like this: http://www.top-law-schools.com/forums/v ... 3&t=122253.

So no, nobody pissed in my Cheerios this morning (I dont even really like Cheerios... Honey Bunches of Oats FTW), I just want to keep everyone grounded and realistic.

[Grizz]

As exciting as this thread is, let's also temper our excitement by keeping in mind the possibility of a double-dip recession, the still-atrocious national unemployment numbers, troubling financial situations around the globe, and the lingering economic doubts (both consumers and companies). Although I'd like to hope we turn a corner and bounce back to a "new normal," it is hard to predict long term. This could just end up being a short term fix to the heavy workload and strained

The rising 2Ls on here could be staring down no-offers a year from now and the rising 1Ls could be staring down an OCI bloodbath.

With that said, it is still the best legal employment news we've had in years.

Now where's my bridge...

[doyleoil]

I just want to keep everyone grounded and realistic.

I'm quite sure we don't need you for that. But we do appreciate your efforts to treat us so kindly.

[dresden doll]

I just want to keep everyone grounded and realistic.

I'm quite sure we don't need you for that. But we do appreciate your efforts to treat us so kindly.

<3

[Anonymous User]

As expected. Finance dealings have been on the rise recently and are continuing to do so. Regulatory reform just enacted will continue to drive more legal work and M&A work is steadily increasing. We're not nearly at the levels of 2007-2008 in terms of business activity, nor will we be in the next 4-5 years, but this is probably the best we can hope for at the top in the medium-term.

Of course it's essential for lower firms to follow suit in raising their SA class numbers. I have a feeling it won't be as easy since a lot of smaller businesses are hurting, and I assume those are the ones that tap the lower V firms. c/o 2013 can only pray for 40-50% increases across the board from last year's slaughtering which would do a lot to open up everything for T14 peeps.

[como]

Why do I feel like I achieved something just by reading this thread? Has lawschool made me so unstable that the tiniest swing of the pendulum toward optimism can bring me from back from the depths of despair?

[270910]

Has lawschool made me so unstable that the tiniest swing of the pendulum toward optimism can bring me from back from the depths of despair?

Probably.

[Anonymous User]

Another ray of hope: Greenberg Traurig and Cahill Gordon are starting at least some of the recent grads in October '10. GT was originally deferred until Jan/March of '11 and Cahill was originally deferred until Jan '11.

[bwv812]

.

[HAMBONE]

Thanks, dude. I've been aware of Latham, but I know there's more out there that I don't know much about it. For example, this morning someone brought to my attention that Baker Botts didn't extend a single offer at CLS last year. Not the equivalent of lathaming, of course, but it is the sort of info I'd like to be aware of when composing my bidlist.

When you say this I'm never sure if you're talking about Columbia (which most call CLS) or Chicago (which I think you are, but most everyone around here calls Chicago).

I was told by a friend that Baker Botts didn't extend a single offer at Columbia. Not sure if that's what dresden was talking about or they did the same thing at Chicago too.

[dresden doll]

Thanks, dude. I've been aware of Latham, but I know there's more out there that I don't know much about it. For example, this morning someone brought to my attention that Baker Botts didn't extend a single offer at CLS last year. Not the equivalent of lathaming, of course, but it is the sort of info I'd like to be aware of when composing my bidlist.

When you say this I'm never sure if you're talking about Columbia (which most call CLS) or Chicago (which I think you are, but most everyone around here calls Chicago).

I was referring to CLS as far as Baker Botts no-offer thing. I have no idea what they did at Chicago - the school I attend and therefore of greatest interest to me personally - because, for whatever reason, our OCS has failed to provide us with comparable data. It appears I'll have to assume Chicago did comparable to CLS as far as individual firms are concerned and take it from there.

Apologies for the confusion.

[doyleoil]

Thanks, dude. I've been aware of Latham, but I know there's more out there that I don't know much about it. For example, this morning someone brought to my attention that Baker Botts didn't extend a single offer at CLS last year. Not the equivalent of lathaming, of course, but it is the sort of info I'd like to be aware of when composing my bidlist.

When you say this I'm never sure if you're talking about Columbia (which most call CLS) or Chicago (which I think you are, but most everyone around here calls Chicago).

I was referring to CLS as far as Baker Botts no-offer thing. I have no idea what they did at Chicago - the school I attend and therefore of greatest interest to me personally - because, for whatever reason, our OCS has failed to provide us with comparable data. It appears I'll have to assume Chicago did comparable to CLS as far as individual firms are concerned and take it from there.

Apologies for the confusion.

Well, I guess with Baker Botts, you can assume they extended at least one offer - since Who Worked Where shows one 2L SA there this summer.

[dresden doll]

Well, I guess with Baker Botts, you can assume they extended at least one offer - since Who Worked Where shows one 2L SA there this summer.

Thanks, doyle - always on the ball with things. I hadn't even thoroughly looked into that yet.

[doyleoil]

Well, I guess with Baker Botts, you can assume they extended at least one offer - since Who Worked Where shows one 2L SA there this summer.

Thanks, doyle - always on the ball with things. I hadn't even thoroughly looked into that yet.

I mean, one position (which may have been the only one) wouldn't exactly be a game-changer. But it's better than nothing.

[lawschoollll]

Cool article. Do people usually pick out their Lambo's color as SAs or as 1st years? Mine's gonna be Cool Mint Green.

[billyez]

I hope this stems the flood of people pushing for PI jobs that don't really want them and are just using them as refuge from the storm. I still don't care about law firm employment directly, but I care about how the immense fall-off has been making it even harder than before to land top PI jobs. More spaces for top law students at top law firms = fewer top law students trying to settle for less money but a stable job.

Amen to this.

I just wanted to concur with this. I knew things were bad when the PD's office I interned for started getting folks from NY moving down to Dallas to try to get a job there. I'm happy that the firms are hiring primarily because it'll give me a better chance of actually being able to do what I'm really interested in, rather than someone who's not.

[NYAssociate]

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[rayiner]

I agree with doyle. I think what you're seeing is the reaction of some firms with otherwise huge summer classes to their 2011 deferral problem. I don't think you'll see a huge uptick in hiring across the board, but I think the otherwise healthy firms that cut back massively will open ip a few hundred more SA spots between them, sucking up top students who'd otherwise be going to lower-ranked firms. I don't think lower-ranked firms are in the financial position to significantly increase their SA classes, though. See e.g. Proskauer.