Quote from: PaleForce on June 27, 2008, 05:52:02 PMQuote from: legalese_retard on June 27, 2008, 05:26:44 PMLong story short, I had a job lined up before I graduated, but because of the mortgage financial crisis, the firm rescinded my offer. I probably would have been more competitive had I been applying during 3L OCI, but I though I had a job secured. Since the period between now and November is a "lull" when it comes to law firm hiring, my prospects are bleak at the time being. But if you want more detailed info, I started a thread a while ago where I got thoroughly castigated: http://www.lawschooldiscussion.org/prelaw/index.php/topic,4010697.0.html. But as I said in that thread and I will say it again here, my intend is to not lambast lower tiered schools or disuade people from attending these law schools all togeither; but rather provide some additional insight into my situation and the situations of several law students who are blindly choosing law schools. Maybe I am the only one here who went to law school with dollar signs in my eyes or felt more secure by having a JD along with my associate degree, but I hope people will really weigh their options before going to any law school with significant debt (especially in this economy). Wow...that was a pretty harsh thread. I think part of the problem is that most of us are 0L's who don't want to hear that a T1 isn't a ticket to a good job with benefits (even if it's not BIGLAW), and some others are still in LS and don't want to hear it because they're closer to the possibility of facing this scenario. It sucks that the firm rescinded the offer, sorry about that. But, you could look at it this way: you graduated with honors, had a job lined up and the economy screwed you out of it. You got one offer, you'll get others when firms start hiring again. As for the Starbucks thing, maybe you should consider substitute teaching (obviously, when school's in session) or tutoring. You wouldn't have to pour tall, double caff, skim, cinnamon-topped lattes (or whatever the hell they are- I only like the Christmas coffees @ SB ). In my state all you need is a bachelor's and it pays decently- around $80/day- and you could keep pouring lattes at night if you needed to. I think you're absolutely right about making sure to plan for the worst case scenario and stories like yours are probably more valuable than the "I have a friend who went to Cooley and makes $300k at a NYC BIGLAW firm."Yeah, I know something will come it. It is just annoying knowing that most of my friends who are similarly situated class and ranking wise are making tons of money and paying off their loans, while I am struggling to make ends meet AND working more hours then they are. Plus the fact that I can't even get a job interview at small firms let alone get a job at the firms my friends landed. On the bright side, I got a loan deferral since my income could no way support my loan payments. I also got my loans consolidated with another loan company since Fannie Mae is in the consolidation business - the key is getting a bar loan from another loan company and then consolidating the other loans with them.
Quote from: legalese_retard on June 27, 2008, 05:26:44 PMLong story short, I had a job lined up before I graduated, but because of the mortgage financial crisis, the firm rescinded my offer. I probably would have been more competitive had I been applying during 3L OCI, but I though I had a job secured. Since the period between now and November is a "lull" when it comes to law firm hiring, my prospects are bleak at the time being. But if you want more detailed info, I started a thread a while ago where I got thoroughly castigated: http://www.lawschooldiscussion.org/prelaw/index.php/topic,4010697.0.html. But as I said in that thread and I will say it again here, my intend is to not lambast lower tiered schools or disuade people from attending these law schools all togeither; but rather provide some additional insight into my situation and the situations of several law students who are blindly choosing law schools. Maybe I am the only one here who went to law school with dollar signs in my eyes or felt more secure by having a JD along with my associate degree, but I hope people will really weigh their options before going to any law school with significant debt (especially in this economy). Wow...that was a pretty harsh thread. I think part of the problem is that most of us are 0L's who don't want to hear that a T1 isn't a ticket to a good job with benefits (even if it's not BIGLAW), and some others are still in LS and don't want to hear it because they're closer to the possibility of facing this scenario. It sucks that the firm rescinded the offer, sorry about that. But, you could look at it this way: you graduated with honors, had a job lined up and the economy screwed you out of it. You got one offer, you'll get others when firms start hiring again. As for the Starbucks thing, maybe you should consider substitute teaching (obviously, when school's in session) or tutoring. You wouldn't have to pour tall, double caff, skim, cinnamon-topped lattes (or whatever the hell they are- I only like the Christmas coffees @ SB ). In my state all you need is a bachelor's and it pays decently- around $80/day- and you could keep pouring lattes at night if you needed to. I think you're absolutely right about making sure to plan for the worst case scenario and stories like yours are probably more valuable than the "I have a friend who went to Cooley and makes $300k at a NYC BIGLAW firm."
Long story short, I had a job lined up before I graduated, but because of the mortgage financial crisis, the firm rescinded my offer. I probably would have been more competitive had I been applying during 3L OCI, but I though I had a job secured. Since the period between now and November is a "lull" when it comes to law firm hiring, my prospects are bleak at the time being. But if you want more detailed info, I started a thread a while ago where I got thoroughly castigated: http://www.lawschooldiscussion.org/prelaw/index.php/topic,4010697.0.html. But as I said in that thread and I will say it again here, my intend is to not lambast lower tiered schools or disuade people from attending these law schools all togeither; but rather provide some additional insight into my situation and the situations of several law students who are blindly choosing law schools. Maybe I am the only one here who went to law school with dollar signs in my eyes or felt more secure by having a JD along with my associate degree, but I hope people will really weigh their options before going to any law school with significant debt (especially in this economy).
I know I will get flamed for saying this, but I don't think you should go to law school if you don't get a scholarship from a school like Texas Tech, STCL, or St. Mary's. I graduated from Tulane with honors in Jan. and already passed the Texas bar and I am still looking for a job. Hopefully the economy will be getting better in three years from now, but I wouldn't risk it. If you are not in it for the money or are OK with a $40K/year salary and loan payments of up to $2K/month, then by all means go for law school. Just consider the worst case scenario BEFORE taking out tens of thousands of dollars in loans.
Bummer.
Quote from: PaleForce on June 27, 2008, 05:09:29 PMI know I will get flamed for saying this, but I don't think you should go to law school if you don't get a scholarship from a school like Texas Tech, STCL, or St. Mary's. I graduated from Tulane with honors in Jan. and already passed the Texas bar and I am still looking for a job. Hopefully the economy will be getting better in three years from now, but I wouldn't risk it. If you are not in it for the money or are OK with a $40K/year salary and loan payments of up to $2K/month, then by all means go for law school. Just consider the worst case scenario BEFORE taking out tens of thousands of dollars in loans. I think Texas Tech is fine as long as he pays instate tuition and there is no way he is going to pay $2K/month on student loan going to a instate school paying instate tuition unless the price tag is similiar to a private school such as schools as UVA or Michigan. So, have you found a job yet? Tulane with Honors. How can you not find a job?
The job market in Dallas is really tough (as is everywhere else). Plus I am competing with quality SMU and UT grads who still don't have jobs yet.
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