Market Connections

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Where should I bid?

Market School Dominates + Market w/ Connections?
1
100%
NYC + Market w/ Connections?
0
No votes
 
Total votes: 1

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Market Connections

Postby Anonymous User » Tue Jul 26, 2011 7:59 pm

I am transferring to a t14 in a market known for the premium it puts on connections (read- Boston, DC, San Francisco, Chicago) from a school nowhere near the market. I have no connections to the place other than the school.

Career services contends it is safe to bid this market because the school places extremely well in it and is clearly the best school placing into the market. Furthermore, I was told that despite transferring for the usual reasons, and without any reasonably articulable connection to said market, transferring to this school is a built in connection.

This defies the conventional TLS wisdom which states safely bidding a market other than New York requires connections. How risky is it to bid the Boston/DC/SF/Chi market your transfer school dominates when you have never lived there and no connection other than transferring for superior employment prospects? This is complicated because although all NYC major players are coming, the selection of firms in the major market dominated by my transfer school is still greater.

User avatar
thesealocust
Posts: 8442
Joined: Mon Oct 20, 2008 8:50 pm

Re: Market Connections

Postby thesealocust » Tue Jul 26, 2011 8:00 pm

23 risk points.

I understand your question, and why you want to know, but I don't think it can be meaningfully answered - at least not with the info you gave us.

Anonymous User
Posts: 273214
Joined: Tue Aug 11, 2009 9:32 am

Re: Market Connections

Postby Anonymous User » Tue Jul 26, 2011 8:03 pm

thesealocust wrote:23 risk points.

I understand your question, and why you want to know, but I don't think it can be meaningfully answered - at least not with the info you gave us.


what more information do you require. school and market?

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thesealocust
Posts: 8442
Joined: Mon Oct 20, 2008 8:50 pm

Re: Market Connections

Postby thesealocust » Tue Jul 26, 2011 8:04 pm

Anonymous User wrote:
thesealocust wrote:23 risk points.

I understand your question, and why you want to know, but I don't think it can be meaningfully answered - at least not with the info you gave us.


what more information do you require. school and market?


If I knew you, I might be able to give you advice. We'd sit down and asses your background and interests and come up with a bid list. But you can't answer in broad strokes. Too many variables. Original school? Background? Age? Work experience? What market it is? Grades at original school? etc. It's just not a question you can answer easily, because at the end of the day you know and point out all the reasons why it's risky, and the exact extent to which you take on that risk is just a hard question. Nobody can ever answer it perfectly.




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