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Messages - Lorenzo

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Choosing the Right Law School / Re: Securities Law
« on: December 24, 2011, 01:46:51 PM »
So you guys are saying that one shouldn't go to law school unless they have top grades from the top schools, much less even begin thinking about getting a job as a lawyer. Furthermore the job will tear your life apart, and you will either love it or hate it. To be honest, it really does sound like hyperbole. Or it might be an anti-competitive conspiracy to lessen the supply of lawyers?   ;)

Just out of curiosity, what experience(s) and credentials do you guys have to come to a conclusion like this?

Choosing the Right Law School / Re: Securities Law
« on: December 23, 2011, 09:08:39 PM »

If you have skills in finance and IT, why aren't you just planning on using them? You could get pretty far in a career in three years. And you didn't answer the question on why you want to be a lawyer.
I need work that is challenging, requires intellectual curiosity, and critical thinking. Sometimes I watch C-SPAN and analyze arguments. What led to my interest in securities law (among other things) was the Goldman Sachs hearings, the Rajaratnam insider trading, WaMu Bankruptcy case, and Dodd-Frank legislation. I've taken classes in college such as Philosophy, Analyzing Evidence, and a basic law class. It feels natural to me.

As far as other careers - IT is like a trade job; after 1 year working at a part time IT desk I felt like I was at the same level as my superiors. Finance is more difficult for now at least with many layoffs and uncertainty on Wall Street.

Well, to help you pick out a school, you can look at some law school admissions calculators to see where you have a shot at getting in. From there, you can research the area, what major and minor journals they have so you can try and get on those. As far as applying to a law school with the intention of transferring: never, ever do this. Every law student applies to school with what they consider to be "correct expectations" but few live up to them. Law school is far more competitive than you know. If you plan to transfer out, you pretty much have to be in the top 10% and, as we all know, there is no way to cram 100% of students into the top 10%. So, it's very important to manage your expectations accordingly. As far as whether it's a common route: very few manage it; far fewer than those who attempt it.

That's helpful to know, thank you.

Choosing the Right Law School / Re: Securities Law
« on: December 22, 2011, 12:54:50 PM »
With a 153/3.0 you should be focusing on schools that will consider you, because your options are going to be extremely limited. If you really want to go to law school, you have two options: 1) take the LSAT again and try to do significantly better, since there's nothing you can do about your GPA or 2) start looking at low-ranking law schools in cities you feel you can tolerate living in for an extended period, since it's where you're going to spend three years going to school there, and will likely begin the practice of law (if you get a job) and not be able to leave until you have some years of experience.

You need to reflect on why you want to go to law school at this point. Specifically, why do you want to be a lawyer? Why do you want to invest that much money and three years of your life for this? What do you hope to get out of it, when even a job seems unlikely for people who went to a higher-ranked school than you are likely to attend with your current scores?

If I sound harsh, it's only because a lot of people fail to grasp the reality of their situations and cover it with a lot of misplaced hope and a scattering of fairy dust. So, just realize that your outcome will be about as poor as it can be: go to school to be a barrister; end up a barista.

I appreciate your honesty, but I have the motivation and I think correct expectations. Most importantly I have a deep interest in law. If I can't get a job out of law school, I have skills in finance and IT to make money - that's not an issue.

I think my biggest problem is getting into a law school that I like and one that provides value and a unique education. Would you suggest applying to a law school initially and transferring to a better one after the first year? Is that a common route for lower end credentialed students?

Choosing the Right Law School / Securities Law
« on: December 22, 2011, 10:32:50 AM »
Hello all,

What is a good law school for securities law? Is it a regional thing such as Chicago/NY schools are best for this? Any general advice would be great.

My credentials are 153/3.0.

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