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Messages - StevePirates

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Current Law Students / Are you happy with your choice?
« on: April 23, 2009, 04:54:46 PM »
I'm curious about how people feel about their choices?  I know I was very nervous about "making the right choice".  Two years into it I feel like I chose right.  But I also kinda think that if I'd chosen the other school, I'd feel the same way.

How about you guys?

In this market, any money is better than none.
USF would be my call.
Southerwestern second.

I don't think there's anything that would make me choose Chapman for law school anymore (Not that it's a bad school, I just wouldn't go there).

Three school types:

1. Prestigious National Schools (good for BigLaw, clerking, academia)

2. Semi-Prestigious Regional Schools (good for BigLaw in their area)

3. Your Local School (good for Personal Injury work in your area)

Any other distinction is meaningless.  For the record, I throw Bloomington into the third category, despite what US News tells you.

The only quibble I'd have with this is that category 3 is (good wherever it has strong alumni support).  Some Your Local Schools don't even place well with local PI attorneys.  And some place really well in Las Vegas and Phoenix for some utterly bizarre reason.

Choosing the Right Law School / Re: 0L looking for some advice
« on: April 22, 2009, 09:27:45 PM »
By the way, I think the technical term for your year is -2L.

Choosing the Right Law School / Re: 0L looking for some advice
« on: April 22, 2009, 09:16:10 PM »
The only thing I would say in to the contrary is this.

If you decide to not go into law school, which degree will help you more?  If you KNOW you're going to law school (and you probably do), then I agree with all the above posts.

If you're waivering, then go to the school that will give you the most options with the B.A.

I'm a bit of a contrarian by nature.  I think people should go to school where they want to go and feel best.

You said you liked Indiana more than Toledo, there's your answer in my mind.
But, I suppose I have a very simplistic way of deciding a lot of things.

Current Law Students / Re: Anyone Else Worried about OCI?
« on: April 21, 2009, 11:41:18 PM »
The strange thing is that you could pay these young associates 120k and they would still be ecstatic.  There's no need to put it at 160.  It doesn't even give an incentive for people to study harder, because law school is a zero sum game, anyway.

I generally assume this is probably true.  But, I wonder about this.  I wonder if new associates compare their starting salaries just to one another, or to first year doctors as well.

Would it be enough for BIGLAW kids to know they make more than any other type of attorney?  Or are they secretly jealous of doctors and (until recently) finance kids?

I grew up dirt poor, so for me, that much money so early in life is just unreal numbers, so what's the difference between a bajillion and five dollars and just a bajillion?  But, I wonder if people from different economic backgrounds feel different.

Choosing the Right Law School / Re: USD vs. California Western
« on: April 21, 2009, 09:28:10 PM »
I chose Cal Western over USD 3 years ago when USD was at 65.  USD dropped to the 80's for two years and is now back up at 61.

I'd still pick Cal Western.  I was offered a scholarship and even back then I figured that it was better to graduate with less debt and have greater flexibility in what jobs I could take.

Here's kinda the ironic part of "scholarship v. prestige".

Prestige qualifies you for more jobs, but with loans, you're really economically limited.
Scholarships free you economically for more jobs, but with a TTTXYZ123 degree you're "qualifications" limited.

Some people say Only go to a low ranked school if you're sure you don't want BigLaw.  That's a fair assessment.  I looked at it a little differently, only go to the better law school for full tuition if you're sure you DO want BigLaw.

If you're like me and more interested in public sector work, then you've got a lot more flexibility.  Sure, at Cal Western you'll have to make yourself stand out, because your degree won't do it for you.  But San Diego is a pretty collegial place.  I haven't had any problems networking.  I've landed judicial externships, I've had job offers, and I'm in no way unique.

Lastly, check out both schools.  Where do you feel more comfortable?  Wherever you pick, you're stuck for the next three years.  Don't go to a place that will make you miserable.  Hope you wind up happy whichever school you pick.

Current Law Students / Re: Anyone Else Worried about OCI?
« on: April 21, 2009, 09:18:23 PM »

2) Billing for 1st years is over 350 dollars at the big NY firms. If you bill 1800 per year on average, that's $630,000. Subtract 210,000 for salary plus bonus for a 1st year (the high water mark) and you are left with 420,000.

Factor in taxes, unemployment insurance, workman's comp coverage, and office space and materials.
Dunno if it all adds up to a loss.  The "new lawyer loss" paradigm is brought up almost every time a discussion on new associate salaries comes up.  If new associates aren't net losses, then I doubt they bring much value to the firm.

Visits, Admit Days, and Open Houses / Re: WTF Rankings
« on: April 20, 2009, 08:05:58 PM »
USD went up 21 spots from #82 to #61. Talk about a killer leap.

 USD was 65 in 2006, getting back to 61 isn't really a leap because it is just back in the spot it was 3 years ago

I remember when USD dropped from 65 to 85 and the students nearly rioted against Admin.

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