Date: May 19th, 2017 10:10 AM
From 1999 through late 2000, corporate associates were in staggeringly high demand throughout the United States, especially in Silicon Valley.
I remember sending out on interviews a corporate associate who had graduated from Rutgers University Law School and who had spent the past three years doing corporate and litigation work for a very small law firm in New Jersey. The first firm he interviewed with, Paul Hastings, flew him and his wife out to the Bay Area, rented them a huge suite, and made an offer to pay him three times the amount he was earning at his current job. At the time, he was having a difficult time deciding where to work because many other firms he interviewed with wanted to hire him and provided him with enticing offers.
I noticed that many people who had gone to Pace Law School in New York had miraculously secured positions at firms like Shearman and Sterling. What was interesting was that these job candidates did not have stellar backgrounds or incredibly impressive credentials.