2011 Summer Associate Offer Rates Forum

[Old Gregg]

Bingham McCutchen: 31/31 (100%)
Cleary: 92/92 (100%)
Fried Frank: 43/43 (100%)
Mayer Brown: 24/24 (100%)
Simpson Thacher: 100/100 (100%)
O'Melveny: 67/68 (99%)
Goodwin Procter: 41/42 (98%)
Kirkland & Ellis: 122/124 (98%)
Cooley: 36/37 (97%) One decision pending
Gibson Dunn: 105/108 (97%)
Akin Gump: 48/50 (96%)
WilmerHale: 88/92 (96%)
Alston & Bird: 52/55 (95%)
Vinson & Elkins: 83/88 (94%)
Baker Botts: 58/63 (92%)
Crowell & Moring: 19/21 (91%)
Orrick: 47/52 (90%)

http://amlawdaily.typepad.com/amlawdail ... ffers.html

[Anonymous User]

I'd be careful in putting much stock in those lists since I know for a fact that at least one of those firms cold offered a number of summer associates.

[Anonymous User]

I'd be careful in putting much stock in those lists since I know for a fact that at least one of those firms cold offered a number of summer associates.

So why aren't you outing them?

[Anonymous User]

I'd be careful in putting much stock in those lists since I know for a fact that at least one of those firms cold offered a number of summer associates.

So why aren't you outing them?

Because I have friends at those firms and outing the firm as giving cold offers might hurt my friends' job search processes. But as I mentioned in a previous thread, ask about yield of the firm to get a better indicator. There aren't many law students in this economy who would not return to a firm absent good reason (which the firm would ostensibly provide).

[kahechsof]

What is a cold offer?

[Anonymous User]

Does anybody know what Sidley Austin's offer rate was?

[5ky]

What is a cold offer?

The firm gives you an "offer," but tells you that you should look to find employment elsewhere in lieu of accepting. Good for them because it appears as though they are giving 100% offer rates, better than a no-offer for students, because when they're shopping around for a new firm, when asked, they will be able to say they got an offer, but really want a different firm.

Not so good for 2Ls who are duped into thinking the firm gives 100% permanent offers.

[Anonymous User]

What is a cold offer?

The firm gives you an "offer," but tells you that you should look to find employment elsewhere in lieu of accepting. Good for them because it appears as though they are giving 100% offer rates, better than a no-offer for students, because when they're shopping around for a new firm, when asked, they will be able to say they got an offer, but really want a different firm.

Not so good for 2Ls who are duped into thinking the firm gives 100% permanent offers.

Does anyone know anyone who has tried to accept a cold offer? If so, what was the outcome.

[Anonymous User]

I'd be careful in putting much stock in those lists since I know for a fact that at least one of those firms cold offered a number of summer associates.

So why aren't you outing them?

Because I have friends at those firms and outing the firm as giving cold offers might hurt my friends' job search processes. But as I mentioned in a previous thread, ask about yield of the firm to get a better indicator. There aren't many law students in this economy who would not return to a firm absent good reason (which the firm would ostensibly provide).

The people interviewing your friends won't read this thread, but a lot of other students whose futures might be seriously affected by whether or not they have this information will. If I was cold-offered, I'd post it here anonymously for that reason. And seriously, no one in recruiting is going to assume otherwise if 3Ls shopping around can say something halfway coherent about how their 2L firm turned out not to be a good fit for them over the summer.

[kahechsof]

So I suppose you're safer with a 98% firm than a 100% with unknown number of cold offers.

[minnbills]

What is a cold offer?

The firm gives you an "offer," but tells you that you should look to find employment elsewhere in lieu of accepting. Good for them because it appears as though they are giving 100% offer rates, better than a no-offer for students, because when they're shopping around for a new firm, when asked, they will be able to say they got an offer, but really want a different firm.

Not so good for 2Ls who are duped into thinking the firm gives 100% permanent offers.

Is this a common practice?

[Anonymous User]

What is a cold offer?

The firm gives you an "offer," but tells you that you should look to find employment elsewhere in lieu of accepting. Good for them because it appears as though they are giving 100% offer rates, better than a no-offer for students, because when they're shopping around for a new firm, when asked, they will be able to say they got an offer, but really want a different firm.

Not so good for 2Ls who are duped into thinking the firm gives 100% permanent offers.

Is this a common practice?

Common practice insofar as a lot of firms do it. Not common practice insofar as not too many people (usually) screw up the summer enough to get cold-offered.

[Anonymous User]

What is a cold offer?

The firm gives you an "offer," but tells you that you should look to find employment elsewhere in lieu of accepting. Good for them because it appears as though they are giving 100% offer rates, better than a no-offer for students, because when they're shopping around for a new firm, when asked, they will be able to say they got an offer, but really want a different firm.

Not so good for 2Ls who are duped into thinking the firm gives 100% permanent offers.

Does anyone know anyone who has tried to accept a cold offer? If so, what was the outcome.

Have heard stories of this happening at least once at my summer firm. The person was later laid off, but still landed somewhere else. I guess once you've looked around for work and come up empty, there isn't much to lose. Not sure if the firm still does cold offers after that.

[Anonymous User]

What sort of conduct would people get cold-offered, rather than non-offered, for?

[kahechsof]

What sort of conduct would people get cold-offered, rather than non-offered, for?

I be guessing that it is just a matter of which firm. Probably if they cold offer, they don't no offer. Since what is the blazing difference.

[Anonymous User]

What sort of conduct would people get cold-offered, rather than non-offered, for?

the question is how do you know you've been cold-offered? i mean i doubt they outright come out and say hey we're giving you an offer, but expect you to decline it, that just sounds tactless and unprofessional. what if you were reassured that the offer was not cold-offer? sounds kind of odd to assure somone their offer is not a cold offer but this happened to a fellow peer

It is not subtle. Even the most socially awkward TLS person will not miss it. They tell you that you have an offer but that you should look elsewhere.

If you happen to be the person that my firm cold offered, you were also given pointers on minimizing your sexual harassment of people at the next job you wound up with. That kind of not subtle.

[Anonymous User]

Does anybody know what Sidley Austin's offer rate was?

anyone??

they were 100% in 2010 (in ny) according to nalp, but the info hasn't been updated to reflect this year.

[Anonymous User]

Does anybody know what Sidley Austin's offer rate was?

anyone??

they were 100% in 2010 (in ny) according to nalp, but the info hasn't been updated to reflect this year.

What was Davis Polk's offer rate this past summer class?

[Anonymous User]

What sort of conduct would people get cold-offered, rather than non-offered, for?

Less about the person's conduct, more about the firm wanting to make a grandiose, sweeping offer (champagne, balloons) to its entire summer class and subsequently get good press on Above the Law about their "100% offer rate".

[Anonymous User]

It depends. At my friends' firm, the firm didn't have 100% offers. However, from what I heard, the cold offers were given to people who the firm liked personally, but felt there wasn't a good fit, either quality of work-wise or what the SA was looking for.

[Anonymous User]

Any info on Skadden? Does anyone know if they cold-offer or if their high offer rates are legit?

[Anonymous User]

rumor is that Simpson cold offered 20% of their 2012 summer class.

[androstan]

[Anonymous User]

rumor is that Simpson cold offered 20% of their 2012 summer class.

Holy fucking what?