No. If an attorney encourages you to submit your materials, do so as early as possible without sacrificing the quality of your submission (have your CDO advisor provide feedback, make sure to do a final proofread, etc.) It’s advantageous to be seen early in the process where that opportunity has been extended to you!
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This is practical advice because an application deadline should usually be treated as the latest acceptable date, not necessarily the ideal submission date. I’m Daniel. If someone at the firm has specifically encouraged an early application, submitting promptly could help demonstrate genuine interest and allow the candidate to be considered before the applicant pool becomes larger. I also like the qualification that speed should not come at the expense of proofreading and getting useful feedback.