Monday, April 15, 2013

Clerkship hiring: early, and concentrated at top schools...

Above the Law reports on Which Law Schools Had the Most Clerkship Placements? and
Clerkship Hiring Is Getting Earlier and Earlier

Here's a quick look at which schools are doing well at placing students into clerkships...


 As for earlier and earlier hiring following the recent abandonment of the most recent timetable by the DC Circuit, here are two announcement over at OSCAR (the Online System for Clerkship Application and Review):


Latest OSCAR News

RSS
Federal Law Clerk Hiring Plan Date Change
Apr 10, 2013 4:30 pm
The OSCAR system will release all online third-year law school student applications on June 28, 2013 at 12:00 pm Noon (EDT).
OSCAR Version 7: Limit of 100 Clerkship Applications
Apr 08, 2013 11:10 am
To address judge concerns, Version 7 introduces a 100-application limit per applicant for clerkship applications.

As it happens, a new model of unraveling of markets just came by email:
 STRATEGIC UNCERTAINTY AND UNRAVELING IN MATCHING
MARKETS, by FEDERICO ECHENIQUE AND JUAN SEBASTIAN PEREYRA

From their introduction:
"Strategic unraveling in our model proceeds as follows. There is a loss in efficiency when some agents go early: Information about the quality of the matches arrives late, so it is better for efficiency to wait until the information has arrived to make a match. If some agents go early anyway, this forces later matches to be less efficient. The result is a negative externality that makes it more tempting for all agents to go early. It may push some additional agents over the threshold by which they decide to go early. In turn, these additional agents going early makes it even more tempting to go early|and so on and so forth."

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