Tuesday, March 22, 2011
From the National Law Journal:
New figures from the National Association for Law Placement (NALP) show that offer rates to summer associates rose from the historic low of 69% in 2009 to 87% in 2010. That 18% increase puts offer rates back in the ballpark of the 90% offer rates of 2008, which was the last summer program season before the financial crisis hit in earnest.
Still, it’s slow growth at best. According to NALP, only 15% of law firm offices surveyed reported interviewing 3Ls, and only 40% of those that did ultimately made job offers. Let’s hope for better times.