« on: July 26, 2008, 10:57:15 PM »
This will help. Many thanks
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If you want to be lawyer, want the intellectual challenge, a new field of work, ect, than a T4 is fine. If you are interested in money and prestige, it is a bad idea. Granted, even if you are not after the money, you will have loans. Subject your yearly loan payment from 40k and see if you'd be happy being a lawyer making the much money. End of story.
I'm not sure any school would admit that, but it seems to be the case. Why are you going to law school in your mid-30's; what is your goal? We could give you what to expect if you let us know.
My goal is to succeed in providing a substantial piece of mind to myself. For years, I have been employed in the legal field as a paralegal. This position has taught me many things such as job security and career development. I do not deny any illusions in today's competitive economy. One day, I will be replaced with a younger, more cost effective busy body so now is the time to move onto a graduate level platform. Whether I choose law or another field, I hold myself back by not acting. I realize piece of mind can be obtained without a degree; however, I am motivated to better my life through education with an emphasis on providing a better life for those around me.
If your aspiration is Biglaw (money) than it sucks. I can provide a more detailed analysis if you provide the school and amount in loans (i.e. will you be happy with your take-home pay).