Anonymous also asked if firms generally try to wait until all candidates from a particular school go through callbacks before making decisions as to which candidates to hire. This varies. We do like to see all the candidates from a school so we can compare and contrast. We prefer to have a mix of law schools in our summer programs. However, even if we have not seen all candidates from a particular school, if we have a candidate who we perceive to be in demand and who we know we want, we will go ahead and issue and offer ASAP. My theory is that hot candidates are more inclined to go to firms that show they are very interested. One year, we had a candidate who we really wanted (good grades, solid undergraduate institution, great outside activities, diverse candidate). We issued the offer about a day after the candidate came in for a callback. The candidate accepted shortly thereafter. Candidate now works for firm.
One other point. This year's market is cooler than in past years. What that means is that I don't feel we need to act on all candidates so quickly. It gives us the opportunity to keep people in "hold" longer than we normally would do so. Thus, if you haven't heard back after a callback, and it has been some time, check in with the recruiting coordinator to express your continued interest. You are probably still on hold and this will help us know that you haven't accepted another offer.