- Sep 9, 2024
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Very difficult to say, because different firms assess candidates on different criteria. Slaughter and May may be very competitive if you do not have a first, while Kirkland might be very competitive if you do not have substantial PE/M&A related work experience. Chambers published an article on law firm application statistics a few years back (which you can access here), but I am not sure how representative that still is. To the extent it is still illustrative, it seems like US firms with small trainee intakes who are nonetheless active on the recruitment front have the highest applicant/offer ratios. However, I think the most common 1st choice firms for the really successful candidates I have spoken with tend to be the larger (and more full service) US firms like Latham or Skadden.Who are the remaining 2? just to have an idea
However, I do not think this should be a major factor in your applications decision-making. Besides some outliers like Paul, Weiss who will benefit a lot from their constant recent headlines, the level of competition at SC, MC, and 'elite' US firms (which as a rule of thumb you can take to mean the firms paying Cravath or near-Cravath scale salaries) will be very similar. I would just apply to whichever firms I liked most within this group, as genuine interest will allow you to write better applications which will in turn increase your success chances. Besides this however I would advise you to also write at least a few applications for firms outside this group, as they are definitely the most targeted. Just as you would for actual capital, when it comes to the choice of where to invest your labour and your time you want to avoid putting all your eggs in one basket.