ITE over in the T6?

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ITE over in the T6?

ITE over in the T6
7
41%
Still ITE in the T6
10
59%
 
Total votes: 17

drbarry987
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ITE over in the T6?

Postby drbarry987 » Wed Jan 25, 2012 6:13 pm

Is ITE over at HYSCCN? With CN putting 70-80% into firms at OCI/EIW does this officially mean ITE is over within the T6?

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MrPapagiorgio
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Re: ITE over in the T6?

Postby MrPapagiorgio » Wed Jan 25, 2012 6:25 pm

Acronym overload.

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vincanity1
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Re: ITE over in the T6?

Postby vincanity1 » Wed Jan 25, 2012 6:27 pm

So, what's ITE exactly? Couldn't find it on google or the abbreviations thread

Anonymous User
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Re: ITE over in the T6?

Postby Anonymous User » Wed Jan 25, 2012 6:29 pm

Well pre-ITE CCN was placing "anybody with a pulse" (allegedly) or "anyone who wanted Biglaw" into Biglaw. Conservatively, if you look at NALP numbers, CCN was placing 90%+. Heck, pre-ITE T14 was placing 90% or so. The real debate pre-ITE was the caliber of firms you could get below median at CCN v. T14.

Currently, I have friends in CCN who do not have Biglaw (though they have ended up on their feet). There are certainly people who want Biglaw who cannot get it (just read these boards). There is also currently the fear that if anything happens in Europe or even domestically, firms could very well go back to no-offering SAs or at the very least reducing class sizes again. With that said, I do not believe that we are going to see the demise of the Biglaw model (which some people claim). However, I do not think pre-ITE will ever return to its glory days.

03121202698008
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Re: ITE over in the T6?

Postby 03121202698008 » Wed Jan 25, 2012 6:30 pm

In This Economy. It's always in this economy...ITE may be good (good economy) or bad (bad economy). Stop using it in stupid ways.

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20130312
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Re: ITE over in the T6?

Postby 20130312 » Wed Jan 25, 2012 6:30 pm

vincanity1 wrote:So, what's ITE exactly? Couldn't find it on google or the abbreviations thread


Literally, "in this economy." Colloquially, refers to the recession.

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vincanity1
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Re: ITE over in the T6?

Postby vincanity1 » Wed Jan 25, 2012 6:33 pm

InGoodFaith wrote:
vincanity1 wrote:So, what's ITE exactly? Couldn't find it on google or the abbreviations thread


Literally, "in this economy." Colloquially, refers to the recession.


'ta bien. Thanks to you and the above

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MrPapagiorgio
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Re: ITE over in the T6?

Postby MrPapagiorgio » Wed Jan 25, 2012 6:33 pm

Yea it's in there. Don't blame you for not going though that many pages through. (being serious)

viewtopic.php?f=2&t=18478&start=450

kaiser
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Re: ITE over in the T6?

Postby kaiser » Wed Jan 25, 2012 6:38 pm

Think of pre-ITE as the anomale. What we have now is the new norm. Are things great at CCN? Great is too strong a word. Are they surprisingly good? Yes, I think that is a fair assessment. Things will not be "great" again for the foreseeable future. So I think I can deal with surprisingly good. My circle of friends and acquaintences is skewed but of the 20 or so people I speak with, every one has biglaw lined up

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Guchster
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Re: ITE over in the T6?

Postby Guchster » Wed Jan 25, 2012 6:40 pm

blowhard wrote:In This Economy. It's always in this economy...ITE may be good (good economy) or bad (bad economy). Stop using it in stupid ways.


Wrong. ITE refers to the recession economy. Stop plain meaning it, Justice Thomas.


ETA: I can tell you as someone at CLS, I have a total of 5 offers now for 1L SAs at V100 firms, and i'm only slightly above median (and still missing 2 grades!). And 1L SAs are apparently hard to get.

I hope 2L SA are just as okay. Most of my 2L friends that wanted biglaw got it. I knew one person at the complete bottom of his class who didn't get it though. In addition to horrible grades, he is also a horrible, horrible interviewer (even more ass burgers than me!)
Last edited by Guchster on Wed Jan 25, 2012 6:44 pm, edited 2 times in total.

03121202698008
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Re: ITE over in the T6?

Postby 03121202698008 » Wed Jan 25, 2012 6:43 pm

Guchster wrote:
blowhard wrote:In This Economy. It's always in this economy...ITE may be good (good economy) or bad (bad economy). Stop using it in stupid ways.


Wrong.


No. It literally stands for In This Economy. If you search back far enough, it was even used pre-crash although not as much.

09042014
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Re: ITE over in the T6?

Postby 09042014 » Wed Jan 25, 2012 6:47 pm

Every firm I talked to now outsources almost all their doc review, a common duty of first and second year associates. I think the 2012-2013 placement is the new normal. Though I think this will increase the demand for midlevels in the future.

I think, potentially, we'll see less hiring, but more importance on keeping associates they do hire. Which would be a good thing for those who manage to get a job.

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IAFG
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Re: ITE over in the T6?

Postby IAFG » Wed Jan 25, 2012 7:01 pm

kaiser wrote:Think of pre-ITE as the anomaly. What we have now is the new norm. Are things great at CCN? Great is too strong a word. Are they surprisingly good? Yes, I think that is a fair assessment. Things will not be "great" again for the foreseeable future. So I think I can deal with surprisingly good. My circle of friends and acquaintences is skewed but of the 20 or so people I speak with, every one has biglaw lined up

I agree that this is "back to normal." Law is usually not hurt too badly by economic fluctuations. The legal field doesn't necessarily need a strong economy to right itself. This time, there was so much financial busywork, and so much money floating around, firms really gorged themselves, which lead to inevitable purging. So, we're probably back to normal until the next time things fall apart.

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dailygrind
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Re: ITE over in the T6?

Postby dailygrind » Wed Jan 25, 2012 7:08 pm

I see you 0L, and your thousand alts.




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