Do you think I'd be wasting my money applying to UT-Austin (out of state) with a 3.98/163 and 2 years work experience at a fortune 100?
Numbers-wise it looks like it might be a waste, but their 25th-75th is 160 - 166, so that means the median is probably right around a 163 or 164. I don't want to waste $70 if I don't have to--anyone think it's worth it?
UT's mean LSAT is a 165. I read on another thread where a UT adm. officer told someone else on this site at a law school forum that the accepted stats for out-of-staters and Texas residents were very similar. I have no idea of the validity or truth of this statement, but I don't think (especially with your stats.) that you should be discouraged from applying just because you are not from Texas. Your LSAT is barely below the mean and your GPA is well above the 75 percentile. Why not? 423 people applied to UT last year with a 3.75+ GPA and a LSAT between 160-164. 173 of those people were accepted. That is about a 40% acceptance rate for people in your range. On top of that, both your GPA & your LSAT score are on the upper end of that spectrum. I would say that you probably have a pretty good shot! At least a good enough shot that it warrants an application!
Also, another poster on this website was from out-of-state and got accepted with about a 3.0/163-171 LSAT split. Those may not be her exact stats, but they were pretty close to that.
This is a good analysis. Let's take it a step further. 40% of the people in that range were accepted. Let's assume that 20% of them were out-of state (TX is 80% residents, not 70% as someone mentioned). That makes your chances of admission 8%. Now, considering that it appears TX is weighing the LSAT much more heavily than GPA this year (speculation, but a look at the current numbers makes a compelling case for this), your chances are probably a little bit lower than that 8%.
I'm a gambling man, so I'd spend the 70 bucks. But be aware of the odds.
Doesn't Berkeley like candidates with your stats?