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It’s way too early to tell, because no one knows what the situation will be in the fall with the pandemic, economy as a whole, or flow of legal work. This is a very different situation than 2008 so I’m not sure how useful the comparison is. Sorry not to be more specific but no one knows what will happen even next week, much less next fall.
The answer to your question is yes. Offers were both revoked and extended
Who knows but I don’t think that formulating backup plans is a terrible ideas as a contingency.
Firms are still trying to figure this out. I expect overall hiring will be slightly depressed and that start dates will be pushed out. But no big NY firm can afford to bypass a year of recruiting.
My summer firm just emailed to tell me they’re either going to start the 10 week associate program a few weeks later or just cancel the entire program. (They’re doing it city-by-city though). I was told firms won’t want to train summer associates entirely remotely, so if we’re still WFH in the summer we are all prob doomed.
V100