help - freaking out!!

[bigfatbox]

Assuming you are paying full price at your T2 in NYC, I would think long and hard this summer about whether you should stay.

If you don't really like law school, and are not willing to take a pretty big risk at this point to finish, I would say quit or take an extended leave of absence (say, 1 year) and then decide whether it is worth going back at all. If you do decide to go back, you may want to check into transferring your credits to a less expensive, in-state law school in a less competitive market.

Again, this is assuming you don't have any serious connections for potential employment and are paying full price yourself.

The chances of you finding a permanent job before you pass the bar are not good. If you are deep in debt on graduation you may have to do temp work to survive. If that doesn't sound good to you, then you need to serious consider whether staying is worth it.

To some of the other posters in this thread, forget about getting rich, think about whether the situation makes economic sense.For many people, it does not and some would be better of getting out while they can. Big debt is no joke as you will realize as soon as your loans go into repayment.

Lastly, plenty of people drop out of law school. For some, it is the best decision they ever made.

[StevePirates]

To some of the other posters in this thread, forget about getting rich, think about whether the situation makes economic sense.For many people, it does not and some would be better of getting out while they can. Big debt is no joke as you will realize as soon as your loans go into repayment.
.

Biggest reason why I passed up a T1 for a less prestigious school with a good local reputation.  Full ride and stipend.  No worries about finding that plush job just to pay the rent.

[BeachBum]

Relax.  First of all because you did average the first semester, you probably will not even be on academic probation, even if your last grade is a D.  At worst, if your last grade is an F, then you may have to retake that class.  Second, think about what you did different from last semester that may have led to your lower grades.  Also, see if you can meet with your professors to review where you went wrong on the exam.  Third, remember the saying, "the A students become professors, the B students become judges and the C students practice law and make all the money".    

The only thing your grades will preclude you from is participating in on campus interviews.  Considering only the top 10 to 20 percent do on campus interviews, you like most of your class mates, will have to find a summer associate position on your own.  Luckily you are in a great position to find an associate position, because you are already working for a firm.  Start networking at work, talk to some of the attorneys, see if you can find a mentor, or see if you can join the incoming pool of summer associates.  Plus, your grade situation is more understandable if you are working while going to school.