I ran on the assumption that if you hear back within a week of your online assessment window closing, it means you did not meet their test benchmarks.
I think you're somewhat right about them reviewing holistically but I have heard the above from someone who was told this by one of their early careers advisors.
So maybe, but again, we truly don't know. Last year, it seemed like it was common practice for firms to get all the invites out of the way before sending out PFOs. One of my applications was floating around into March I think, well after people had posted about VI and AC invites. Then this year, HSF Kramer flipped the script on its head and was sending out PFOs and AC invites in tandem. And last year, my application for
Taylor Wessing hung around for a month before the PFO. So was my Mishcon application last year really in the running for so many months? Or did they just not bother PFO'ing people because they were preoccupied with screening their VIs and arranging ACs? Was my
Taylor Wessing application strong? Or did it just bridge the holidays when everything slows down any way, so it just hadn't been looked at until things got back to normal in January?
There's no way to know (though believe me, this is one of those low level mysteries of life that absolutely drives me crazy to not know. If I knew anyone at all with a psychology background looking to get into HR, I'd implore them to apply for grad recruitment teams at law firms just so I could finally get some kind of insight into what actually goes on).