Thoughts on this summer’s interns automatically getting full time offers?

likeuplifting
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That’s fine, don’t we give offers to 95% anyways? Worst case we can cut them after 1 year, and we only need to pay them starting summer 2021.

like

Wow. I knew about LEK, is Deloitte doing that, too?

Given our extension rate, I’m not too worried.

like

I think it’s probably a good thing. Also means we’ll likely lose fewer interns to mbb in the fall

Who knows. There is an incentive to rerecruit without risk (except losing early signing, which is peanuts compared to comp difference if you survive 2yrs at MBB). At least one M7 has told us to prepare for virtual recruiting alternatives just in case, so this fall is going to be a mess regardless.

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