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Messages - Forget Money, Read a Book

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51
Where should I go next fall? / Re: Arizona
« on: April 10, 2007, 09:15:09 PM »
Is anyone still considering Arizona?  I'm trying to figure out if it's worth checking out.  Let me know.

I'm gonna try as best I can to check out preview day at the end of the month....i already sent the seat deposit to UM, so I'll probably end up in Miami

52
General board for soon-to-be 1Ls / Re: Univ. of Miami anyone?
« on: April 10, 2007, 08:32:28 PM »
I sent my seat deposit in last week. So I'll be there :)

Me too....


Sent mine today....cycle over.....now i can breathe.

53
General board for soon-to-be 1Ls / Re: Univ. of Miami anyone?
« on: April 09, 2007, 08:43:05 PM »
i sent in my deposit on saturday--i'm about 60% sure i'll be at miami.  i'm still waiting to hear back from wisconsin and cardozo though.   :-\


We gotta push that 60 to like a 80 or 90.....Hope you hear back soon so you can eventually decide against them and come to UM.

54
General board for soon-to-be 1Ls / Re: Univ. of Miami anyone?
« on: April 09, 2007, 08:42:02 PM »
It's official- sent in the deposit today!  ;D

Congrats!!!! Good choice.  Whatever decision you make we all hope it works out well for you.  Although, all of us are really hoping you choose UM

55
Where should I go next fall? / Re: American and Living in DC
« on: April 09, 2007, 08:40:35 PM »
There are so many different contributing factors into the job search for law graduates.  First and foremost, it definitely has a big emphasis on your GPA/Class Rank.  But let's face it, a law firm is going to be hesistant to hire a top 5% graduate if he/she is terrible during an interview.  Think about what the job search entails for these firms.  They are essentially looking to hire a person that is going to be the next partner.

 :D :D :D :D :D

I just wanted to make sure people know this...but in a class of say 40 incoming associates, do you know how many make partner???  Id say 5 or less.  And I mean equity partner, not that BS position they give you as basically a senior associate to placate your dreams for that cush corner office while they still bill you out at 400/hr.  Thats after your first failed marriage and some hypertension.

Rant over.  But seriously, if youre goal is to make partner at BIGLAW (V100), at least know what youre up against.

Well your post clearly shows reasoning skills that may be similar to Ali G himself.  Take a step back and actually read what I said buddy.  It's pretty cut and dry actually.  "Looking to hire a person that is going to be the next partner."  That doesn't allude or say that each new associate is going to be given the opportunity to make partner.  So to my knowledge, law recruiters aren't looking to hire somebody that would deam incompetent to make their way up to partner.  You didn't do so well on the LR section of the LSAT did you?

But alas, you're correct - not everybody makes full equity partner.  But before you try to call somebody out to look an idiot, read the post carefully before you become the idiot!  Booyakasha!!

 :-\


Yea...you need to chill.  Im sorry if you felt like I was "trying to make you look like an idiot".  It wasn't intended.  I'm also sorry that you feel the need to insult my choice of avatar in my attempt to make people laugh.  Sorry, I'm not down with posting picks of myself and my gf on the internet.  If trying to insult me through insulting my choice of avatar and my performance on the logical reasoning section of the lsat  ??? makes you feel better, by all means, feel free.

I understood what you said perfectly.  But you obviously found my attempt to show a different side of big-law as an insult of some sort towards you.  My goal was simply to make sure people that are looking to go into firms are aware that partnership is not anywhere near guarenteed before they go head over heels after it.  Now would firms hire associates who they dont think have the potential to be partners?  Of course not.  But they know that most will not stay for very long - many leave after 3/4 years.  Now after 8-10 years of working many hours and bringing in buisness, yes they may "be up for partner" where they will either give you a thumbs up, or a thumbs down.  This is different with every firm depending on what kind of partner tracks they have, etc.  What do they expect from associates?  They expect them to work 50-80 hrs/wk at $250-350 billables/hr, making the (true) partners lots of money.  Not to mention that many who make partner actually lateral from the gov. agencies and other firms by bringing CLIENTS to the firm.

Now, get some knowledge and checkkk it.

I think most people on here understand that making partner at a huge firm is something that is attained only by a select few that enter BIGLAW every year.  My question is this, what are the most common reasons one would not make partner?  I know the obvious reasons, such as being blackballed or simply not cutting it, but I'm trying to dig a little deeper here.

Basically, it seems like a lot of people have this "BIGLAW or Bust" mentality, but in reality a lot of folks enter BIGLAW to buy time, stack some dough, and then go out and open up their own shop.  So, they leave before making partner, but when doing their own thing, they may be better off.

Also, do we have statistics on where those that don't make partner after the customary 7.5-8 years go?

56
Similar concern.........But debating between UofA and Miami. I'm probably going with UM.

57
Where should I go next fall? / Re: American and Living in DC
« on: April 09, 2007, 12:17:49 PM »
If you want to be in DC, then obviously getting into GULC or GW would be your best option.  But for those of us that don't have the option of going to one of those schools, then going to WCL is probably our best option.  I think that, assuming someone wants to end up in DC [I know I do] pointing out that WCL is third in the market doesn't really accomplish anything productive.  It would make no sense to go somewhere like Miami or Georgia or Ohio State that's a bit higher ranked on the premise that WCL is only the 3rd best school in DC and Miami is the best school in Miami.


Hey, its not like I let out a secret.  It is what it is.  I'm on the waitlist for GW and for right now, AU is the only option I've got in DC.  The only reason I'm probably not going to choose AU is b/c I want to end up in South Florida.  That's all I was saying.  Good luck to all of you.  I was an International Affairs major and DC is a great city....It's not like its an easy choice to make.


I'm not just choosing UM based on the premise above.  There's more to it.  Hefty scholarship to UM, kickass living situation where I'll live practically rent free, and its the area where I want to settle.

58
General board for soon-to-be 1Ls / Re: Univ. of Miami anyone?
« on: April 08, 2007, 11:38:35 PM »
While weather is a definite plus for UMiami, we all know cost is not.  I'm sure some of you have probably seen this, but for those that haven't and may be concerned about the hefty price tag, I thought this may help.  Basically think of it as an incentive to work that much harder as a 1L.

http://www.lawfirmdiscussion.com/compensation/miami07salary.php


hopefully getting one of these will help us pay back our loans asap!


A question regarding this post: does the "# Miami Associates" mean grads of UM or associates from Miami? 


pretty sure its number of associates in the Miami office...so, yeah, some of these satellite offices are pretty small...The largest one, Greenberg Traurig, was well represented at ASW and seems like it really likes UM alums.

59
Where should I go next fall? / Re: American and Living in DC
« on: April 08, 2007, 05:48:34 PM »

This is all true.  I'd add that DC has the highest concentration of attorneys per capita than any other city in the country.  Yes AU grads are competitive, but don't think you can go there and not study.  I know everyone on here is motivated- you wouldn't have gotten into AU if you weren't, I'm just saying.  Employers aren't going to go as deep into the AU class as they will at other schools.  Just something to keep in mind. 



Right, I guess that kind of comes with an underlying assumption that top 1/3 is a must at any school.  BIGLAW at AU is probably obtainable with top 10% in DC and top 15% for NYC.  Otherwise, top 1/3 from there should be sufficient to have a good paying job, and a healthy amount of income for after your loan payments

Right, I knew we were on the same page.

60
General board for soon-to-be 1Ls / Re: Law School vs. Medical School
« on: April 08, 2007, 05:26:37 PM »
stress is generally associated with: short term and protracted deadlines, assholes, long hours, and variables beyond your control.  The life of a top attorney is probably worse than most doctors.  Do these law partners have 10 weeks of vacation, typical of medical partners?

it's probably unwise to go medicine/law without an interest.  Based on the criteria you posted, a MBA from a top school sounds like the better option.

seconded ... if all you want to do is make money, go learn the art of profit maximization and third world exploitation at B-School


So true!

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