I transferred out of Cooley last year into a T2 in a location I wanted to practice. I'll tell you this; I applied to Pepperdine and did not get in. I can't remember how many transfers they take off the top of my head, but it wasn't many (it may be helpful for you to check this). I applied to a handful of T1 schools, most of which I didn't expect to get into because they are pretty popular schools. I'm not saying don't apply to Pepperdine, but if you choose to do so, I would apply as early as possible.
FYI I was in the top 3% at the end of my first year at Cooley.
If you want more information about how I did it or what I think (since I've stood exactly in your shoes), feel free to send me a private message.