« on: April 26, 2005, 11:13:54 AM »
haha no problem nubova, this is really interesting to me as well...even if slightly off topic.
I really like miller's logic for the reasoning behind BU placing in NYC more than BC. It makes sense to me.
Another issue, since we are discussing these schools, is the private sector salary range. While I have heard from many people that you have to finish at the very least in the top half of your class at either school to place well, at least at BC, with 67% of grads going into private firms, the midrange salary is 95k-125k. Now, to me this seems perfectly reasonable that 75% of those going into private practice make 95k or more (which for me signifies BigLaw or at least wannabes). Where is the catch?
Now, somewhat of a more mystifying statistic is BU's range. Again 67% go into private firm work, but the midrange is 50k-125k. That is a huge drop, but I am guessing a lot of schools have there midrange magically just miss all the low earners.
So, I guess my question would be do you think that the logic holds up for being in the top of your class to get these jobs? Looking at the data, the only way I see that working out is if:
1) There is indeed a huge drop off in the bottom 25% of those in private firms. I think BU's date supports this idea, although normally its masked.
2) Discounting for judicial clerkships (BC 15%), everyone else is at the bottom of the class and CANNOT (thats important) get a high paying legal job. They apply and are simply not hired.
With that said, it would seem reasonable that 75% of the 67% get BigLaw jobs, which coincidentally equals about 50% of the class as a whole. Assuming those taking judicial clerkships would have had the ability to get a high paying firm job, add another 15% to the tally. That leaves 65% of the class with a lot of options. Of course this is really general and pretty much the product of my procrastinating "real" work...It would seem that at BC at least, one must avoid being in the bottom 1/3 of the class.
Ok, now to bring this back to main topic. How does this differ from a T14 school? Granted HYS will go all the way through their class, but what about the others? Is it different in that you cannot assume such a huge drop off in the bottom 25% of the private firm range? And/Or are all the non-private firm jobs self-selected and these grads could have had a firm job if they wanted? Can you finish say in the bottom 1/4 of the class and still finish ahead of a BC type school?