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kenoshakid

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kenoshakid last won the day on October 13 2014

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  1. 2017 Associate Salary Bump (Toronto)

    Blakes. First year associate salary to $105k. No specifics for second year and beyond, but apparently quite a bit more for mid-level associates. Just to get all the other firms out there: I've heard Fasken was the first to move (ie the firm mentioned in CanadaWater's post) and followed by Osler. Also some rumors about Stikes either already having moved, or about to. But this is all third hand, so I could well be wrong.
  2. 2017 Associate Salary Bump (Toronto)

    I have it on good authority that another firm announced across-the-board associate raises today (including for first year associates).
  3. I in-firmed at 2/3 of those and, yeah, they felt like polar opposites culture-wise.
  4. I'd say "fit" matters across the tiers too. Why would you want to work somewhere - even if only for a few years - where you constantly feel miserable or like you're walking on eggshells? For instance I have no doubt the calibre of work Davies does is amazing, and their client-facing side might be equally terrific, but having heard the experiences of a few former associates and students, I'm pretty sure I don't want to work there (and not at all because of the "Slavies" reputation). But who knows, there may have been good reasons why they were no longer with the firm. I'm not so sure about this. There's no doubt some overall correlation in the type of people a firm hires, but I've certainly observed a palpable difference in culture between some of the groups (and even to an extent within some of the larger groups) at my (fairly large) firm. I wouldn't be surprised, however, if there's more homogeneity the smaller a firm gets.
  5. OCI's and firm dinners

    One of the objections I imagine would crop up to implementing the NYC approach in Toronto is that the firms here simply aren't big enough to "give or take" a few students each year. From what I recall, quite a few NYC firms hire 50-100 students each year. At that size, a few extra students is not going to have a significant impact on the firm's budget. The firms will also have a pretty good statistical foundation for determining accept/decline rates on offers. If you look at the job numbers in Toronto, the largest firms hire 20-30 students (actually, only one firm hired more than 23 students in 2016). Quite a few "large" firms only hired about a dozen students. If one of these firms made 25 offers, expecting 50% to be rejected, a 10% variance in that rate might have them ending up with 25% more students than hoped for -- which may well be more than the budget can handle. Toronto apparently used to have some sort of ranking system. I heard it was scrapped because some firms started gaming the system. I'm not sure what exactly was done before, but I've long thought it might be worth taking a second look at to see if it could be better implemented.
  6. OCI Student Ranking

    My understanding, coming from both first- and second-hand sources, is that many firms rank students to offer OCIs, then will see if anyone needs to move up or down the list post-OCI to determine the in-firm ranking. Your paper record still matters a fair bit simply because the firm only has ~17 minutes to suss you out. Things even out a lot more during in-firms.
  7. I found I could do about 10 pages an hour. It wouldn't be a bad idea to have a timer running for the first little while just so you can figure out what your pace is and confirming that your schedule is reasonable. I had procrastinated a bit and ended up reading for 10/hours a day - absolutely brutal. I personally did nothing except read the material and bring in a good, updated index. Some of my colleagues definitely said they benefited from having done a prep exam. Others also recommended spending a day close to the exam just reading through your index in order to familiarize yourself. In terms of studying approach, I think that's a pretty personal question. You need to come up with a plan that works for you having regard for how you best retain information, how familiar you already are with the material, how much time you actually have to do anything except read, etc. Remember as well that there's no way in hell you're going to remember everything, or even a fraction of everything. You're not studying to "know", you're studying to familiarize yourself enough with the page/layout/structure of the material so that when you're confronted with an incredibly specific question you know roughly where to look in your index. As for skipping parts, I definitely know people who did and still passed. I personally think, even if you're really familiar with the topic, having a quick skim/scan over the page is a better strategy.
  8. OCI's and firm dinners

    Likely both. Some firms offered dinners to lots of people, especially their top candidates. Others just to those they weren't sure about. Week-of lunch invitations tended to be a more universally-positive sign (at least in my experience).
  9. I know at least one large firm (Blakes) has a "Diversity & Inclusion" Internship program, which might be of interest if you're from a qualifying background.
  10. Approximate timelines to become a lawyer

    I think only one firm (Bennett Jones) actually pays that much. Davies pays $1600, and the rest of the Bay Street firms pay $1450. Still not a bad chunk of change. Of course, make it into US Biglaw and at some firms you'll be bringing in about $4500 CAD/week. Holy shit!
  11. I think it depends what the end goal is. If you have a few years of commercial practice experience already and are looking to jump into academia or policy it's a pretty logical next step. If you're looking to use it as a second kick at the can at OCIs, however, I'm guessing it's not that helpful.
  12. Same experience here. I reapplied to most of the firms that hire 1Ls after not getting a single interview and it was not an issue during OCIs/in-firms. It might be a bit different if you had interviewed at the firm and someone remembers you, but even then it's worth reapplying because maybe they loved you but just didn't have enough spots.
  13. Bay Street Firm Cultures

    It can be really hard to pin down a specific firm's culture. During OCIs there were definitely some firms that I clicked with better than others, and the one I ended up with was the one where I felt the most comfortable at. But even now, if I were to try and describe the culture, I'd be hard-pressed to come up with anything really satisfying or illuminating. My frame of reference is too narrow and I also obviously self-selected toward traits that appealed to who I am and how I work. So I don't know whether the fact that I got along with everyone I worked with over the summer was because everyone was actually easy to get along or because our specific personalities just happened to work well together. So, that said, I think there are a few strategies you can undertake to get a better sense of the firms: Take whatever people tell you about the firm, whether they are internal or external to it, with a grain of salt. I think summer students are notorious for overselling the firms they worked at (unless they're your close friends). I've certainly seen students say all sorts of great things about where they worked while privately hating it. People who work within the firms also have obvious biases. Instead, focus more on the personality of who you're talking with. You'll obviously have a small sample size, but rely on your gut here. If after 20 minutes of talking to someone you're finding it awkward, then maybe that's a sign. Maybe not, though. I interviewed with one NYC firm and had an absolutely fantastic conversation with one of the partners - he was an outlier though, and in hindsight I'm positive I would not have been happy at the firm. Also, ask students - and, if you're brave and have established a good rapport, associates/partners - what both their most and least favourite unique things about the firm are. You'll probably hear a lot of similar stuff (so, not actually unique) and there's an obvious reason for that, but occasionally you'll hear something that stands out and might let you distinguish the firm. Of course, you should also take those answers with a grain of salt. Just because a firm says its non-hierarchical, doesn't mean it actually is any less hierarchical than a firm that doesn't even think to comment on hierarchy. Be self-reflective. What are you looking for? What kind of people do you like working with? What aspects of those are you willing to compromise on, and what do you think would drive you insane after a year or two?
  14. The Night/Day Before [in-firms]...

    For what it's worth, I didn't send any thank you notes after in-firm interviews. If it counted against me at all, it didn't count against me with the firms that I ended up feeling the most comfortable at.
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