Jessica Booker
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- Aug 1, 2019
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With these figures, take roughly 75% of the VS figure and then 75% of that figure and that will show a more realistic conversion, as its highly unlikely every vac schemer will get an offer (the first 75%) and then with those that do, not everyone will accept (the second 75%).Read a firm profile. Click on details. It will say vacancies and also vacation scheme spots.
E.g. implied VS to TC conversion rates for a few firms ...
Firm / VS / TCs / conversion
Covington & Burling / 30 / 9 / 30%
Milbank / 20 / 12 / 60%
Willkie Farr & Gallagher / 20 / 6 / 30%
Arnold & Porter / 10 / 4 / 40%
Sidley Austin 60 / 17 / 29.82%
Sullivan & Cromwell / 12 / 8 / 66%
White & Case 75 / 50 / 66%
A&O Shearman 80 / 90 / c90%
Hogan Lovells 70 / 50 c70%
Linklaters 100 / 100 / 100%
Ashurst 50 / 40 / 80%
N.B. US firms don't generally give out many direct TCs, whereas firms like the magic circle are more likely to do so.
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