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A. The job market isn't as bad as you make it sound.B. For a T1, freshers are (obviously) least expensive and hardly make too big an impact for them to withdraw offers.
C. The firms will get you and ensure you resign if it has to happen or fire you after probation. This is due to D.
D. It's a huge reputational issue for them to withdraw PPOs - law colleges looking at them differently + market impact for them to get freshers.