Question - I was just waitlisted at Emory. Would Emory Law hold enough clout/prestige to open up doors outside of the Atlanta region (still talking east coast/northeast)? I think that they are Top 20-ish?
I suppose it depends on what (if any) scholarship they offer. Emory at sticker? In my opinion, no. Emory is a good school with a good rep, but it's not Harvard. Honestly, I think that there are only seven or eight schools that are worth sticker.
Outside of the Southeast, people will say "Emory? Yeah, that's cool. Atlanta is nice." They won't be so blown away that they'll offer you a job based on pedigree alone, though. In the Southeast that might be a different story, I don't know. I'm speaking more from my perspective in CA.
The other thing is this: people from Emory definitely go into Biglaw and prestigious federal jobs, but who are those people? My guess is that they are top performers, law review, etc. If I were you I would research the job opportunities for average, middle ranked Emory grads, since that is most likely where you'll end up.
Again, looking at it from my perspective, a middle of the pack Emory grad who shows up in LA after law school probably has similar job prospects to a mid ranked Loyola or Pepperdine grad, regardless of rankings. An Emory grad Atlanta or Memphis might be a different story.
I think you're still in a position where you need to think about where you want to live after law school.