What is a "primary" market?
Posted: Thu Sep 23, 2010 1:28 pm
Which markets are considered "primary," besides NYC (such as LA, DC etc)
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Out of the 130,000 lawyers working for NLJ250 firms, there are 23,000 in NYC, 14,000 in DC, and 8,000 in Chicago.disco_barred wrote:NYC is more than 4 times the size of the next biggest legal market.
Good catch. I was running the numbers in my head for summer associates, where last year I believe NY took > 3,000 and DC, the next biggest, took 800. (And Chicago like 257, rofl). By total attorneys it's much closer.rayiner wrote:Out of the 130,000 lawyers working for NLJ250 firms, there are 23,000 in NYC, 14,000 in DC, and 8,000 in Chicago.disco_barred wrote:NYC is more than 4 times the size of the next biggest legal market.
NY is big, but it's not that disproportionately big.
Note to self: never attempt to do anything from memory ever again.bwv812 wrote:2009 Summer V100 SAsdisco_barred wrote:Good catch. I was running the numbers in my head for summer associates, where last year I believe NY took > 3,000 and DC, the next biggest, took 800. (And Chicago like 257, rofl). By total attorneys it's much closer.rayiner wrote:Out of the 130,000 lawyers working for NLJ250 firms, there are 23,000 in NYC, 14,000 in DC, and 8,000 in Chicago.disco_barred wrote:NYC is more than 4 times the size of the next biggest legal market.
NY is big, but it's not that disproportionately big.
NYC: 2523
DC: 913
Chicago: 459
I think these numbers are wrong. I posted a complete breakdown of all the Chicago NALP firms SA classes a while back and it came out to a total of around 250. I also recall someone else posting that the total 2009 SA class size was around 3,300, and there is nearly 4000 in your count above, which doesn't even include LA.bwv812 wrote:2009 Summer V100 SAsdisco_barred wrote:Good catch. I was running the numbers in my head for summer associates, where last year I believe NY took > 3,000 and DC, the next biggest, took 800. (And Chicago like 257, rofl). By total attorneys it's much closer.rayiner wrote:Out of the 130,000 lawyers working for NLJ250 firms, there are 23,000 in NYC, 14,000 in DC, and 8,000 in Chicago.disco_barred wrote:NYC is more than 4 times the size of the next biggest legal market.
NY is big, but it's not that disproportionately big.
NYC: 2523
DC: 913
Chicago: 459
I have to wonder what things will look like in the next year or two when the little bailout boon to the financial industry runs out. I think hiring in DC/NYC is more reflective of the true health of the overall economy.bwv812 wrote:2009 Summer V100 SAsdisco_barred wrote:Good catch. I was running the numbers in my head for summer associates, where last year I believe NY took > 3,000 and DC, the next biggest, took 800. (And Chicago like 257, rofl). By total attorneys it's much closer.rayiner wrote:Out of the 130,000 lawyers working for NLJ250 firms, there are 23,000 in NYC, 14,000 in DC, and 8,000 in Chicago.disco_barred wrote:NYC is more than 4 times the size of the next biggest legal market.
NY is big, but it's not that disproportionately big.
NYC: 2523
DC: 913
Chicago: 459
So does that mean you think it will be better or worse?rayiner wrote:I have to wonder what things will look like in the next year or two when the little bailout boon to the financial industry runs out. I think hiring in DC/NYC is more reflective of the true health of the overall economy.bwv812 wrote:2009 Summer V100 SAsdisco_barred wrote:Good catch. I was running the numbers in my head for summer associates, where last year I believe NY took > 3,000 and DC, the next biggest, took 800. (And Chicago like 257, rofl). By total attorneys it's much closer.rayiner wrote:
Out of the 130,000 lawyers working for NLJ250 firms, there are 23,000 in NYC, 14,000 in DC, and 8,000 in Chicago.
NY is big, but it's not that disproportionately big.
NYC: 2523
DC: 913
Chicago: 459
Oh, shit, you are looking at 2 summers ago (i.e. 2009). Completely missed that. It was around 250 last summer (2010). I think the drops last summer were similar in other markets as well.bwv812 wrote:The 3,300 (3,779, actually) was from the NALP perspectives report, which was subject to self-reporting by the firms (only 302 employers/offices submitted data), and severely underestimated overall class sizes. The numbers I quoted were culled from the individual NALP sheets for the V100.XxSpyKEx wrote:I think these numbers are wrong. I posted a complete breakdown of all the Chicago NALP firms SA classes a while back and it came out to a total of around 250. I also recall someone else posting that the total 2009 SA class size was around 3,300, and there is nearly 4000 in your count above, which doesn't even include LA.bwv812 wrote: NYC: 2523
DC: 913
Chicago: 459
Chicago 2009 SA sizes as per the individual NALP sheets
Jenner: 46
Winston: 54
Mayer: 44
Sidley: 41
Kirkland: 52
Skadden: 33
That's more than 250 right there. Also note that the numbers quoted actually underestimate SA class sizes because they are only those SAs who were eligible to receive offers.