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NYC V30 vs. Secondary market-paying

Posted: Thu Sep 27, 2012 12:47 am
by Anonymous User
Currently considering two options.

Option 1: V30 NYC firm with 100% offer rate this year and last. 160k.

Option 2: Non V firm in secondary market with multiple offices across the country, top tier in the market . Also 160k. But less than stellar offer rates maybe ~80%.

Assuming that I like the practice groups and people equally, and that I don't want to end up in NYC (but not necessarily in that secondary market neither) -- let's suppose I want to end up in a different secondary market like LA. What would you suggest?

I guess COL and QOL should be better with option 2, but how much better is having 100% offer rate and maybe (is it?) better exit options.

Re: NYC V30 vs. Secondary market-paying

Posted: Thu Sep 27, 2012 9:12 am
by Anonymous User
I would never choose a firm with an 80% offer rate over one with 100%. Period. I don't care if I hated the latter.

That said, make sure you are getting accurate info about offer rates. Even the NALP form is misleading.

Re: NYC V30 vs. Secondary market-paying

Posted: Thu Sep 27, 2012 9:50 am
by rad lulz
Anonymous User wrote:I would never choose a firm with an 80% offer rate over one with 100%. Period. I don't care if I hated the latter.
This.

Re: NYC V30 vs. Secondary market-paying

Posted: Thu Sep 27, 2012 10:16 am
by thegrayman
100% offer rate, no question

If you were to pick #2 and end up in the 20%, you will be kicking yourself. Take the better odds, 100% of the time, it works 100% of the time.

Re: NYC V30 vs. Secondary market-paying

Posted: Thu Sep 27, 2012 11:46 am
by HeavenWood
rad lulz wrote:
Anonymous User wrote:I would never choose a firm with an 80% offer rate over one with 100%. Period. I don't care if I hated the latter.
This.

Re: NYC V30 vs. Secondary market-paying

Posted: Thu Sep 27, 2012 11:49 am
by IAFG
rad lulz wrote:
Anonymous User wrote:I would never choose a firm with an 80% offer rate over one with 100%. Period. I don't care if I hated the latter.
This.
This and also, non-Vault doesn't necessarily mean better QOL. It could still be a miserable sweatshop.

Re: NYC V30 vs. Secondary market-paying

Posted: Thu Sep 27, 2012 12:14 pm
by badaboom61
This sounds like Texas. I for one would much rather live and work at a Texas firm than an NYC one, but 100% offer rate is kind of a big deal.

Take the NYC job, you could try to leverage it in Texas at 3LOLOCI. Some firms there do hire 3Ls, and then you wouldn't have to worry about getting no offered. If that doesn't work out, grind it out in NYC for a few years and see what happens from there. It's much easier to lateral down than up.