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Hopefully this is good news for next August's OCI.

I'm not sure it will. I think V10 summer class sizes will remain the same for the coming years. They're already very large to begin with. It won't be like this year where firms like Cravath move from 20 summer associates to 70, so there shouldn't really be that much of a trickle-down effect.

Anonymous User wrote:I'm not sure it will. I think V10 summer class sizes will remain the same for the coming years. They're already very large to begin with. It won't be like this year where firms like Cravath move from 20 summer associates to 70, so there shouldn't really be that much of a trickle-down effect.

True. I wonder how lower Vault firms are doing. Because as I understand it they still had small class sizes last year.

That's the true problem. Work has pretty much returned to pre-ITE levels at top firms, but lower ranked firms that don't have excellent niche practices just aren't experiencing the same uptick. Granted, as the work increases, it slowly spreads around to the lower ranking firms. But I still believe that some firms are just not experiencing the uptick that other firms are (i.e., places like Winston & Strawn, dla piper, White & Case, and many others).

I think a strong indicator of firms that are experiencing upticks in work will be the 2010 financial reports from various firms. Strong revenue growth will be a good sign. Flat or declining revenue is a sign that the firm hasn't truly recovered.

Desert Fox wrote:

Anonymous User wrote:I'm not sure it will. I think V10 summer class sizes will remain the same for the coming years. They're already very large to begin with. It won't be like this year where firms like Cravath move from 20 summer associates to 70, so there shouldn't really be that much of a trickle-down effect.

True. I wonder how lower Vault firms are doing. Because as I understand it they still had small class sizes last year.

Most probably did, but Cahill apparently has ~40.

Desert Fox wrote:

Anonymous User wrote:I'm not sure it will. I think V10 summer class sizes will remain the same for the coming years. They're already very large to begin with. It won't be like this year where firms like Cravath move from 20 summer associates to 70, so there shouldn't really be that much of a trickle-down effect.

True. I wonder how lower Vault firms are doing. Because as I understand it they still had small class sizes last year.

Most NALP firms say their 2011 Summer Associate class size will be the same or bigger than in 2010, with 33.2% of firms saying larger, and 50% saying about the same.

http://www.nalp.org/uploads/QuickTakes/ ... esults.pdf

Anonymous User wrote:That's the true problem. Work has pretty much returned to pre-ITE levels at top firms, but lower ranked firms that don't have excellent niche practices just aren't experiencing the same uptick. Granted, as the work increases, it slowly spreads around to the lower ranking firms. But I still believe that some firms are just not experiencing the uptick that other firms are (i.e., places like Winston & Strawn, DLA Piper, White & Case, and many others).

I think a strong indicator of firms that are experiencing upticks in work will be the 2010 financial reports from various firms. Strong revenue growth will be a good sign. Flat or declining revenue is a sign that the firm hasn't truly recovered.

One of these in unlike the others.

From what I understand, work at Winston and W&C is booming in their home offices. I'm guessing your a little NY-centric.

From what I understand, work at Winston and W&C is booming in their home offices. I'm guessing your a little NY-centric.

White & Case is based in NY...

A&O wrote:

From what I understand, work at Winston and W&C is booming in their home offices. I'm guessing your a little NY-centric.

White & Case is based in NY...

Not this again.