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01-08-2016, 11:46 AM
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Quote:
Originally Posted by Unregistered
I'm #976.
LOL @ burning bridges...you guys overthink things too much...
He's just one of 20 or 30 incoming trainees that they hired for the year. Expect a couple of potential tainees to do a switcheroo around different firms in the intervening years between landing the TC and actuallly starting training.
Unless he's an equity partner with a book of business and a client list, I don't think this is anything more than a minor HR inconvenience. The hiring partner won't even remember his name after a few months.
Talk about thinking too highly of your own importance.
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A HR executive in my previous firm (big 4) told me that they blacklist and don't re-hire trainees as lateral-hire associates (when they re-apply again later in their career) who decide to terminate their training contract after it's been signed.
So take that as you will, but I suppose if you are super brilliant they would make an exception...
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02-08-2016, 01:35 AM
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Just sharing some figures i gathered. For the second consecutive year, the Part B has racked up over 650 candidates. Retention rates have gone down especially in "rising mid sized firms". Good luck to everyone.
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02-08-2016, 07:50 AM
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Quote:
Originally Posted by Unregistered
Just sharing some figures i gathered. For the second consecutive year, the Part B has racked up over 650 candidates. Retention rates have gone down especially in "rising mid sized firms". Good luck to everyone.
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They were expecting more than 650, probably around 800, if not for the increased failures in part A.
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02-08-2016, 12:24 PM
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There 670 candidates for Part B this year.
SOURCE: I'm a current candidate, they announced it at the introductory lecture
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03-08-2016, 11:50 AM
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Not an overseas graduate but what's the failing rate like for the new Part A? Heard many grumbles about it. And does failing Part A affects the chance of securing a TC? Understand that SILE is going one step further to scrap supplementary exams for Part A from this year onwards.
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03-08-2016, 12:55 PM
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Quote:
Originally Posted by Unregistered
Not an overseas graduate but what's the failing rate like for the new Part A? Heard many grumbles about it. And does failing Part A affects the chance of securing a TC? Understand that SILE is going one step further to scrap supplementary exams for Part A from this year onwards.
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LOL if you are not an overseas grad why do you care about this? You should just admit that you are an insecure overseas grad.
Yes, failing rate for Part A can be between 20-50%.
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03-08-2016, 03:27 PM
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Quote:
Originally Posted by Unregistered
Not an overseas graduate but what's the failing rate like for the new Part A? Heard many grumbles about it. And does failing Part A affects the chance of securing a TC? Understand that SILE is going one step further to scrap supplementary exams for Part A from this year onwards.
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Failure rate is 50%. After the supplementary papers, the overall failure rate goes down to 30%. Bear in mind that NY Bar exams only has a [pass] rate of 30%.
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03-08-2016, 03:43 PM
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Quote:
Originally Posted by Unregistered
Just sharing some figures i gathered. For the second consecutive year, the Part B has racked up over 650 candidates. Retention rates have gone down especially in "rising mid sized firms". Good luck to everyone.
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you are referring to the firm that does "wall street" work which retained 6 out of 18 trainees?
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03-08-2016, 05:16 PM
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Quote:
Originally Posted by Unregistered
you are referring to the firm that does "wall street" work which retained 6 out of 18 trainees?
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Lol! This is so obvious.
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03-08-2016, 11:21 PM
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Quote:
Originally Posted by Unregistered
you are referring to the firm that does "wall street" work which retained 6 out of 18 trainees?
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lol the game is up. just another local mid sized firm with flash, jazz and branding
the above market starting salary used to be a big draw. now, that lustre has faded since smart people know that the more senior you become, the narrower the gap with, say, a Big 4 associate's salary will become anyway
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