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Author Topic: MP's Thread, or how to get paid $75K to sit around: also known as UChicago 2010  (Read 418306 times)

buffettologie

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Nope.
U of C 2010

annonymous

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D.
"I'm a genius, but I'm a misunderstood genius."
"What's misunderstood about you?"
"Nobody thinks I'm a genius."

"A little rudeness and disrespect can elevate a meaningless interaction to a battle of wills and add drama to an otherwise dull day."

buffettologie

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U of C 2010

buffettologie

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I was surprised by this.

Is that because people think the clerkship market is going to be more competitive? Or what?


For a variety of reasons but mainly that a clerkship is a great way to wait out the job market if you're deferred/no-offered. Additionally, a number of people in our class had no jobs to get deferred/no-offered from this summer, so why not? I imagined ITE that more marginal candidates would apply, even if it was to less competitive clerkships like magistrates, etc...
U of C 2010

annonymous

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I was surprised by this.

Is that because people think the clerkship market is going to be more competitive? Or what?


For a variety of reasons but mainly that a clerkship is a great way to wait out the job market if you're deferred/no-offered. Additionally, a number of people in our class had no jobs to get deferred/no-offered from this summer, so why not? I imagined ITE that more marginal candidates would apply, even if it was to less competitive clerkships like magistrates, etc...

Anecdotally, I know a handful of people that were almost certainly guaranteed a COA clerkship who just didn't apply this year. I don't know if thats common or not.

Otherwise, lets bear in mind that 25% of the class applies for clerkships every year, which is pretty high as it is. Combine that with (a) the fact that alumni are generally considered to have better chances than 3Ls, (b) people may want to scoop of an expected job offer instead of applying for clerkships, (c) our school has early enough clerkship deadlines that people who didn't expect to get no-offered (but were) probably can't apply for clerkships, and (d) a lot of the people were scared off by Hutch's talk about how hard clerkships are to get.

Basically: I'm not THAT surprised that the applicant rate is the same as it is. I mean, I wouldn't be surprised if the rate is a bit higher than normal, but I did not expect it to be A LOT higher than usual. The people who think they can get clerkships will go through the effort to apply for clerkships (and it is an effort)... but the same is true every year.

I was surprised by this.

Is that because people think the clerkship market is going to be more competitive? Or what?


For a variety of reasons but mainly that a clerkship is a great way to wait out the job market if you're deferred/no-offered. Additionally, a number of people in our class had no jobs to get deferred/no-offered from this summer, so why not? I imagined ITE that more marginal candidates would apply, even if it was to less competitive clerkships like magistrates, etc...

Right. Any thoughts on why the clerkship market isn't more competitive this year?

I think the clerkship market IS more competitive this year, but thats mainly due to alumni pressure. The alumni keep scooping up clerkships with judges that are otherwise on the plan. 
"I'm a genius, but I'm a misunderstood genius."
"What's misunderstood about you?"
"Nobody thinks I'm a genius."

"A little rudeness and disrespect can elevate a meaningless interaction to a battle of wills and add drama to an otherwise dull day."

,.,.,.;.,.,.

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Buffettloogie was absolutely correct.  The number of people with one or no callbacks is overwhelming.  This is arguably the worst OCI ever.  XOXO was too optimistic.   :o

In unrelated news, congratulations to annonymous.  You must be very excited about the offer.


buffettologie

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Buffettloogie was absolutely correct.  The number of people with one or no callbacks is overwhelming.  This is arguably the worst OCI ever.  XOXO was too optimistic.   :o

In unrelated news, congratulations to annonymous.  You must be very excited about the offer.

That is one thing I would rather not be right about. But I think a lot of firms are just being more cautious and since OCIs are more clustered this year they can take their time in deciding on callbacks if necessary - especially in light of the news this week about Skadden's idea to do a single offer day (which I think is genius BTW).

And yes, public congratulations of Anon is certainly in order.
U of C 2010

IlliniBoy

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I don't think we know it will be worse (or just how bad it will be) until it's all over. It's certainly more stressful because of the delays.

,.,.,.;.,.,.

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This market has certainly encouraged me to expand my horizons.  I'm focusing more on Minneapolis and Iowa than I would have ever imagined a year ago.

IlliniBoy is right.  We'll have to wait until as late as October for a real post-mortem.