« on: August 20, 2011, 02:00:24 PM »
Good point. I stand duly chastized.
The great thing about law is that we all get chastized, each of us every day, and then we come back for more.
= : )
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Good point. I stand duly chastized.
I like the OP's rationale for obtaining a J.D. According to the World Bank Development Indicator (2009), the mean US life expectancy is now 79 years. Can we seriously expect, that in today's political and financial climate, a government pension is a "sure thing"? I don't count on it and neither should the OP. He is making an investment in himself and he is a proven performer. In this case, I don't think that making a bet on himself is a gamble.
Regardless of the kumbaya stuff that a lot of these admissions folks try to spout, the vast bulk of their decision is numbers, alone. They simply have too many files to process. They use numbers and nothing more to make their "first cut".
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However, a person who is competitive for a spot at Yale and misses out due to lack of extracurriculars is almost certain to get in at a top 8 school. Unless they want to be a Supreme Court justice, their career isn't particularly harmed.
how important are extracurricular activities when applying to law schools?
im hoping to have a peer-reviewed journal article published in a scientific policy journal, and have done internships for two consecutive summers at a government institute. however, i am not involved in any extracurricular activities during the school year.
i'll be a rising junior and i'm hoping to apply during my senior year. would participating in an extracurricular activity in september not make much of an impact on my application next year?
thanks so much!
I don't object at all to making people aware of:
1. the financial realities of this path. Old rule of thumb on small biz is that you don't start breaking even for 2 years and may not turn a net profit on the venture for 5. You might very well end up sorting packages for UPS on the night shift to make rent for a while until your practice is started.
2. The difficulty of this path in terms of the type of personality required.
3. The dangers involved.
People should go into this with eyes wide-open. Where I quibble is with the assertion that it can't be done or that trying to do this is a sure path to ruin. The warnings have a good basis, but to be frank, we all know attorneys who hung out a shingle at graduation and did just fine.
Given the alternative prospects for many graduates of today's schools, I don't think a solo practice is an unreasonable aspiration.
What? Entry level jobs day one after passing the bar down from $160K.....MADNESS!!!!!!
Quick, everyone dropout and go to B-school where we can learn to make coffee and fake paperjams for extra cigarette breaks!!!!!
I guess I can see that idea. Maybe that's why so many retired vets end up as cops(and not good ones either)
I'm a vet in lawschool too, I just only did the 1 tour plus guard option.
Although you probably already know this, I would advise staying in the guard and getting that retirmement. 62 seems like a long ways off right now, but when you hit it, you'll be glad to be collecting that pension. It's pretty substantial. I wish I'd stuck out 16 years in the guard after my 4 years active. Ah well. I was young. 62 is a long ways off when you're 22.
I have a friend who went solo after 6 months at a firm. Honestly, I question his competence. I'd bet those people slaving away at those big firms and corp. in-house counsel offices are learning more than you'd think. Those "slaves" have the luxury of someone to continue teaching them after law school. They're being groomed to move up in the organization, and its a process that takes time. Theoretically, if all goes well, they'll end up in the position of the partner teaching them the practice. There are attorneys, and then there are good attorneys.
Incompetence aside, my friend makes ends meet by taking public defender cases on contract. That jurisdiction doesn't have an established P.D. office. His practice is slowly growing, but its been tough for him. The hours are pretty good most of the time, and he is his own boss. That counts for alot. Other solo attorneys I know got their start in the prosecutor's office. They did that for a couple of years and then went solo. They made alot of connections that way.
The most common way to riches and the most common way to bankruptcy or financial ruin both travel through the same intersection: small business ownership. Many people on this thread are trying to offer sound advice based on real-world experience. (At least I am, but maybe everyone else is making crap up) Don't be discouraged by the advice, but don't disregard the advice just because you think I am too chicken to open my own firm. Investing in a down market can be a great strategy, if you have the capital to establish a good system and foundation. If you want to ride the wave by working harder than everyone else, you have to have a large amount of clients to generate enough cash-flow to run a healthy business. And once again, if you want to get a loan for your new firm and take advantage of the amazing interest rates, you have to remember that its all about cash flow or collateral. Courage, goodwill, contacts, determination, or a snazzy law degree won't mean crap.
Do you think that getting an ABA JD and then an online LLM would help going solo?
Would it impress clients and give extra knowledge? Or would it be a waste of funds?