bwv812 wrote:dresden doll wrote:While I personally never bothered to peruse 2002 data, I did go over 2007 numbers rather meticulously when composing my bidlist. Highlights (because I'm too lazy to dig up the sheet): S and C hired as far down as 173 average (bottom third on our scale), Cravath dipped below median (176.4 if memory serves right) and Weil Gotschal required mere 174.X for serious consideration.
I won't comment on grade requirements ITE, but I fail to see how data from boom years establishes us as TTT when pretty much all (Wachtell and Cleary excepted) V10s firms were willing to recruit from the below median crowd (and well below median, at that). Seems to me, having seen comparable data from other schools, that that's basically on par with our ranking insofar as it parallels CLS numbers and outperforms lower T14 placements.
That said, I second however stated that our grade system isn't doing us any favors.
I believe those numbers indicate the minimum GPA that landed a callback. I think that minimum numbers generally tend to be less indicative (especially at the callback stage) as they may be skewed by diversity initiatives and individuals great softs (especially when the number can simply reflect one single low callback over a three year period). The medians probably would have been more helpful.
Because firms don't YP, callback GPAs will have sort of a triangular shape:
179-180 |--------
178-179 |------
177-178 |----
176-177 |-
175-176 |-
This firm's median will be like 178.7 or something, even though you can see from the graph that their soft cut-off is more like 177, with a couple of people below that getting CBs because of URM or great softs. Like with law schools, the firms actual yield will be from the lower part of their CB range, since those people with higher GPAs will go to better firms.
Think of what a firm with a below 177 CB median would look like:
179-180 |-
178-179 |--
177-178 |----
176-177 |-------
175-176 |------
This firms median would probably be 176.6. Even then it looks like a 175+ (and probably lower) has a good shot. Moreover, this firm has to be so bad they couldn't get 10 above-median people to bid on it even as a safety!