Comments on: Economic Downturns Might Mean Less Summer Hires

By: Maria

Maria — Fri, 24 Oct 2008 15:40:58 +0000

Thank goodness for LSUC.

Yeah, but what about other provinces?
Does anyone have any information outside of Ontario?

By: Daniel Simard

Daniel Simard — Fri, 24 Oct 2008 13:26:57 +0000

Speaking with two partners at different Bay Street firms, just after the fall of the Stock Exchange, I was told that the number of summer positions will not be decreased as a result of the economic crisis.

By: Jacob Kaufman

Jacob Kaufman — Fri, 24 Oct 2008 12:19:41 +0000

Any thoughts on them offering less positions though?

I guess it depends on the type of firm...

By: Daniel Simard

Daniel Simard — Fri, 24 Oct 2008 01:40:21 +0000

From what I hear summer student positions aren’t being impacted, as of yet. Junior associates and articling students are the unfortunate souls that will bear the adverse effects.

By: Omar Ha-Redeye

Omar Ha-Redeye — Fri, 24 Oct 2008 00:46:20 +0000

Thank goodness for LSUC.

Any thoughts on them offering less positions though?

By: Jacob Kaufman

Jacob Kaufman — Fri, 24 Oct 2008 00:35:49 +0000

With respect, I disagree strongly with this. The "Procedures Governing the Recruitment of Students for Summer 2009 Positions in the City of Toronto" B(7) states:

Any offers made after 5:00p.m on Wednesday, November 5, 2008 shall be left open until 5:00 p.m., Thursday, November 6, 2008.

It's always best to wait, at least a little bit, just to make sure you made the right choice. This goes double if your #1 choice hasn't given an offer yet. That advice may be good in Michigan, but not up here in Ontario.