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Messages - WhiteyEMSR

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Job Search / Re: How important is the name really?
« on: November 07, 2006, 05:40:40 PM »
Have you looked to see what firms interview at Hofstra, and more importantly what firms hire largely out of Hofstra? would be a resource, probably secondary though to your CSO. I imagine that many of the top firms do interview at Hofstra, but you must be much higher in you class to get a postion. My situation is a bit different as I transferred from a 4th tier to a tier 1. But I was told by the firms I interviewed with that the school one goes to is of utmost importance. Consequently, very few people at the 4th tier I transferred from have secured summer jobs, not even the top students, law reviewers, moot courters, etc. It sucks, but that's the nature of the game.

LegalLatin, what Jones Day office are you at? I just accepted an offer for a summer postition from their Chicago office. Any insight?

Transferring / Re: Yet ANOTHER possible transfer questions
« on: November 03, 2006, 11:41:51 AM »
Hey, just wanted to add my two cents. I was in exactly the same position as you. 4th tier in Michigan, 2nd in my class, graded onto law review and made the moot court team. I was torn regarding whether to transfer or not, you know, the whole big fish in a small pond v. small fish in a big pond thing. I was accetped at Notre Dame and was worried how I would be viewed as a transfer student.

I am SO happy I made the move. I got callbacks from all the big Michigan firms that I interviewed with and turned them all down for an offer with a huge firm's Chicago office. I never would have had the chance to interview with most of the firms I interviewed with at ND if I had stayed at the tier 4. Consequently and unfortunately, my friends who decided not to transfer are not getting offers, and these are very smart people. Most of the transfers to ND (I think there were 14 or 15 have had a lot of luck at ND).

Current Law Students / Re: Feeling like quitting
« on: November 01, 2006, 03:44:15 PM »
Hey buddy, I know just how you feel. I did my first year at a tier 4 and went through exactly the same feelings that you are now having. At one point I was looking for just about any reason I could to drop out. I looked into other grad programs and tried to convince everyone, mostly myself, that law school was not for me. I was sick of the work and especially sick of being confused as hell.

However, I stuck with it despite my negative feelings. I realized that everything that I was complaining about I knew before I even began my first year. I knew it would be tough, I knew my social life would suffer, and I knew the job market for a graduate of a tier 4 school in my area.

Anyway, to make a long story short, I ended up 2nd in my class and tranferred to a tier 1 school. My options would have been okay if I had stayed at the tier 4, but I figured I deserved the step up. My advice to you would be to not give up easily because it can pay off. At least finish up the semester and see how you end up. Like I said, I thought that I was more miserable/confused than everyone around me, but I ended up doing well after midterms and stuck it out.

Current Law Students / Re: Torts- True or False
« on: December 01, 2005, 07:11:56 PM »
I've seen the Hand formula applied in both the duty and breach elements. Typically it is used in the breach analysis to decide if the party used reasonable care. My prof used an example of when it is used in the duty analysis. It went something like this. P worked on a construction site. He was shocked by a current from a power line that ran through a truck that was touching the line. Apparently the power company has a method where it sends three "test" currents to determine if the line is down or simply being interferred with. P was shocked as a result of these test currents. The current used the hand formula to decide not to impose a duty on the power company; to do so would be too great of a burden (very expensive to change current system) compared with the probablity x loss.

Black Law Students / Re: Life As An Associate
« on: March 12, 2008, 08:00:38 AM »
Couple questions guys. My firm (Vault 50, major market) gives me standard vacation time each year. How likely will I be able to take it? Do chances of being able to use vacation time go up or down after the 1st year? Thanks.

Studying for the LSAT / Re: It's time to predict your score....
« on: December 20, 2007, 11:54:38 AM »
How do you guys know that today's the day? When I took the lsat 100 years ago, we were only told around three weeks. Good luck to you all!

Black Law Students / Re: Life As An Associate
« on: November 27, 2007, 03:44:37 PM »
yeah def its weird to realize that our starting salaries no matter how much debt will be ridiculous. i made 100kish last year and always had spare cash even with bills etc. i can't image adding an extra 60k to that. its ridiculous some people's whole salary isn't even 60k.  most of us even w/o investments will make more money than most people will ever see in their lives....

Son if you made 100k you already won!  Whatchu need law school for?  Quit now while you're ahead!  LOL

If you're in it for the money.

True that. 

I guess I was moreso thinking of the not going into debt part.

I read an article in the National Jurist the other day about how new associates are struggling financially in spite of the market salaries because of school loans and the high cost of living in the major markets. The article stated that in NY, after "state and federal taxes as well as a sizable city wage," associates' salaries are cut by 50%. The article tacked on loan payments and other costs of living to this number and said many students end up in the negative each month.

But when I do the math taking into account taxes, loan payments and bills in my future firm's city, it still seems like I have quite a bit of money left over. I realize there are unforeseeable expenses, but it still doesn't seem that I'll be struggling by any means. So, what's it like guys? Are you stretched financially at all? Are loans, taxes, rent, etc. really that big of a burden? Is there money left to spend/invest?

can anyone lead me to a profits per partner chart?

Black Law Students / Re: Life As An Associate
« on: November 12, 2007, 12:51:35 PM »
From a friend working at at NYC law firm, I've been told that billable hours for a first year typically is only 2/3s of the hours you actually work. Don't know how accurate that is for you, but it would make a big difference.

Something like that.

If your lunch/break times stay constant then the billable % increases the longer you stay at work (assuming you are working on a client matter).

Although I'm still getting into my rhythm I'm finding that so far I'll stay at work for about 9 or 10 hours on average, and bill about 8 of those let's say 10 hours.  I've never billed lower than 7 hours so far, and I think the most I've billed so far is 11.3 hours.  Obviously on my 11+ billable days I'm at the office for over 12 hours, but (thank God) those days have been few and far between.

For all of you listing the hours you work/bill, what type of firms are you at in terms of size, Vault ranking, city, etc. How much difference does the Vault ranking make in terms of how may hours attorneys are required to bill? Just trying to figure out what I signed up for, although I got a decent idea from my summer (although I felt a bit sheltered). Thanks.

Man, just reread my post. I'm a prick. My bad. Seriously.

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