Anonymous User wrote:Anonymous User wrote:Before you open the link, think if you REALLY need to know callback--> offer ratios by size/city (they're on pg. 15).
If the answer to that is yes, click the link, but also recognize that you may have a neurotic disorder.
This info is meaningless - it's for Fall 2009, the depths of the Great Recession and the legal hiring freeze.
If you look at firm summer associate numbers on NALP, you'll see that pretty much every firm had 1/2 fewer summers in 2010 than they did for summer 2011 and that they will for summer 2012. CB-to-offer ratios were probably highly deflated in Fall 2009 because firms were v conservatively extending offers.
Thus, the ratio will probably be much higher this year.
The chart at the bottom of p.1 is highly instructive.
In 2005-2007, the average callback to offer rate was around 60%; the median number of offers was 15.
In 2009, the median halved (to seven), and the offer rate plummeted to 36%.
Assuming the median number for summer 2012 is somewhere between 2009 and the pre-crash numbers, I think we can reasonably project a 50% offer rate. Probably higher at the top corporate firms in NY where activity is back to pre-crash levels and hiring needs are rising.