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Aspiring Lawyers - Applications & General Advice
General Discussion
Magic Circle, Silver Circle or US firms, which is better?
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<blockquote data-quote="James Carrabino" data-source="post: 90670" data-attributes="member: 16764"><p>'All three' include almost fifty firms given the number of excellent US firms in London. You shouldn't be surprised if Magic Circle and Silver Circle firms will be getting in excess of 3000 applications each year for 30-100 training contracts. Some US firms are on a similar level but many US firms do not advertise so much and thus get fewer than 500 applications each year, but will only give 5 training contracts. Perhaps the fact that they do not advertise means that they don't get all the best applicants, but perhaps it means that the applicants are self-selective and only apply to the firm if they know it would be a good fit for them, instead of because it is a firm that all their peers are talking about. It is hard to know what the stats mean, but what I can say with confidence is that all of these firms are competitive enough that you will never feel like you had an easier time somewhere just because the stats are marginally better. If you're not a good fit on paper you won't progress - if you are a good fit, you have a much better chance even if it's at a firm with worse odds.</p></blockquote><p></p>
[QUOTE="James Carrabino, post: 90670, member: 16764"] 'All three' include almost fifty firms given the number of excellent US firms in London. You shouldn't be surprised if Magic Circle and Silver Circle firms will be getting in excess of 3000 applications each year for 30-100 training contracts. Some US firms are on a similar level but many US firms do not advertise so much and thus get fewer than 500 applications each year, but will only give 5 training contracts. Perhaps the fact that they do not advertise means that they don't get all the best applicants, but perhaps it means that the applicants are self-selective and only apply to the firm if they know it would be a good fit for them, instead of because it is a firm that all their peers are talking about. It is hard to know what the stats mean, but what I can say with confidence is that all of these firms are competitive enough that you will never feel like you had an easier time somewhere just because the stats are marginally better. If you're not a good fit on paper you won't progress - if you are a good fit, you have a much better chance even if it's at a firm with worse odds. [/QUOTE]
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Aspiring Lawyers - Applications & General Advice
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Magic Circle, Silver Circle or US firms, which is better?
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