In another thread I read some discussion that if one wants to target Chicago as a market during OCI, going to UChicago might not be the best idea because tons of people at UChi want Chicago during OCI and the firms there can only take so many folks from one school. Is this something that has been true in your experience? Does bidding Chicago as opposed to NY or CA or wherever increase one's odds of striking out? Should people bidding in Chicago try to have safeties in other markets? I'm definitely coming to UChicago...it's just that I think I'll love the city so much that I'm already thinking about staying long term. Thanks!
Bidding Chicago from any school increases one's odds of striking out, at least compared to NYC. Chicago is a tough market. I would never feel comfortable about bidding solely on Chicago as a market since your chances essentially boil down to Kirkland or Sidley (considering how large their summer classes are compared to the rest of the firms), which also happen to be the two most prestigious firms in the city, so they usually want to see high grades. (That's an oversimplification, but let's pretend it's pretty much true for our purposes.) If your grades are really good and you're a lock for Kirkland / Sidley, then chances are, you would want to branch out and make a go for Williams & Connolly, Susman, Wachtell, Keker, Kellogg, etc. If your grades are mediocre and give you a decent shot at Kirkland / Sidley, then you should probably hedge your bets with a different market, probably NYC. That way, if OCI goes well, you might have some interesting choices between Kirkland / Sidley or a NYC V10. If OCI goes poorly, then you're probably going to have a better chance picking up a NYC V50 than landing a job in Chicago. If your grades are not great, then you should still bid on some of the less grade-restrictive Chicago firms like Katten, Baker, etc. but definitely resume bomb NYC firms. You might still get something in Chicago, but it's risky considering how small some of the summer classes are.