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My entire comment was based on the fact that the offer letter restricts you from taking up another offer & not interning anywhere till your course is over. It's not worth it in my opinion. I got a PPO & have that on my offer letter.
P.S. Don't apologise anywhere in writing. An apology in writing implies guilt :3.
I did it.
Some advice (free ka) - Don't ghost the first firm. Be cordial about it. Apologise for wasting the other firms time (no, they may not deserve an apology but do it anyways) and move on with the better opportunity.
If you get a better offer, take it. But at least inform the earlier firm (whose offer you accepted) that you won't be joining them. Don't ghost them.
Has someone accepted an offer from a firm and ended up not joining it because he/she later got better offer from a different firm?