or Connect
Styleforum › Forums › Culture › Business, Careers & Education › Law Schools - Where and Why?
New Posts  All Forums:Forum Nav:

Law Schools - Where and Why? - Page 8

post #106 of 418
Quote:
Originally Posted by Meis View Post

Quote:
Originally Posted by Svenn View Post

If I could do it over again, I wouldn't have done it at all

+ 1,000
especially the part in bold. That said, whenever I think about it I'm not sure what else I would've done... there's really not that many great options for those of us with backgrounds in political science, history, english, etc.

Haha, yeah. I'm happy with where I am now, but if I'd known what a pain it would be to get here I'm pretty sure I wouldn't have bothered with law school.

On the other hand, I think I'm in a pretty good career for my skills and personality, abstractly. And I don't know what I would be doing otherwise. Some "business" job I guess, but I sure wouldn't have gotten hired based on my college major or interviewing skills or networking ability. So I probably wouldn't be doing better than I'm doing now, butI would have taken on a lot less debt to do it.

I think I did get lucky. It took me 2.5 years after graduation to find a job as a lawyer (gosh, that sucks to type out), but for 1.5 years of that time I had an ok job that paid decently and got me some good, nonlegal skills/knowledge that I still use a lot in my current legal job.
post #107 of 418
Quote:
Originally Posted by Lord-Barrington View Post

300K? What the hell? How do you even rack up that much debt? I've heard some 200K stories but 300K seems ridiculously high.

Well, what's just the baseline for out of state tuition per year? $50,000 or so? There is half right there. Of course, if you aren't from LA, you want to enjoy those three years and live like you are already a lawyer, which means staying in a good neighborhood and eating in Santa Monica restaurants and driving a leased car with your borrowed money. $25,000 to $40,000 a year? Throw in a bar study loan and I can see someone creeping up there. Don't forget the few thousand a year in interest on those unsubsidized loans.
post #108 of 418

There's a whole site devoted to law schools entitled, oddly enough, Law School Discussion.

post #109 of 418
Actually I clarified it a bit with her, and its actually 300k in interest, with 200k principal, for a grand total of 500k debt. She just passed the bar, but no real job offer still.

Edit: And the 20 year forgiveness thing doesn't apply to her.
post #110 of 418
Quote:
Originally Posted by Saltricks View Post

Actually I clarified it a bit with her, and its actually 300k in interest, with 200k principal, for a grand total of 500k debt. She just passed the bar, but no real job offer still.
Edit: And the 20 year forgiveness thing doesn't apply to her.

Loaning failed.
post #111 of 418
Quote:
Originally Posted by Saltricks View Post

My friend just graduated UCLA law, top 3rd of the class. 300k in debt, no job for months except a minor paid internship (15 an hour) that specifically said "we will not hire you after your internship". Top it all off, she's a shopaholic.

It's gotten to the point that people are saying "She can always marry someone rich".

Didn't need to go to law school/debt to do that :\

Won't happen unless she's real world hot. Rich guys won't take on $300K in debt for just lawyer hot.
post #112 of 418
Quote:
Originally Posted by Saltricks View Post

Actually I clarified it a bit with her, and its actually 300k in interest, with 200k principal, for a grand total of 500k debt. She just passed the bar, but no real job offer still.
Edit: And the 20 year forgiveness thing doesn't apply to her.

eek.gif jeezsus...that's even crazier than before! she needs to go Walter White style and start up a clandestine meth lab...
post #113 of 418
That's after consolidation too. :\ If she got hired for 100k a year job, how long would it take to pay off you think?
post #114 of 418
I got my first acceptance for the cycle. Hoping for many more.
post #115 of 418
With that debt, she can always leave the country
post #116 of 418
Quote:
Originally Posted by ImaPro View Post

With that debt, she can always leave the country

Ya I thought of that too....but the meth lab idea sounded more exciting. Maybe she could start focusing on international law and extradition treaties!
post #117 of 418
Thread Starter 
Quote:
Originally Posted by skitlets View Post

I got my first acceptance for the cycle. Hoping for many more.

Best of luck - I'm still waiting for my December score to post, and then all the apps go in.
post #118 of 418
I don't entirely discount the gloom and doom discussion about law school. There is a lot of reality to what is being said. However, I find the "don't go to law school unless it's a top 14" discussion to be a lot of bunk.

I never understand why people don't give this advice, but, if you are going to a school outside the top 20 or so, you should strongly consider going to a school in the region where you want to practice. There are lots of perfectly solid law schools putting out highly qualified lawyers that are ranked between about 25-75. The significant difference is that they are placing students regionally, as opposed to nationally. However, there's absolutely nothing wrong with that, if you are comfortable with practicing in the region where the school is.

For instance, if you want to practice in Atlanta, you should go to UGA (ranked 35th) over a number of more highly ranked schools. I know a lot of successful lawyers in NYC who went to Brooklyn (ranked 67th), and I know a lot of lawyers who couldn't get jobs in NYC and went to considerably higher ranked schools. If you want to practice in a NYC, DC, LA, SF, Chicago, etc., then going to UNLV is not going to work. If you want to practice in Vegas, going to UNLV is probably a good idea.

Less prestigious and competitive regional schools still graduate lots of great lawyers. Not everyone wants to practice in a major city or needs to make $160K in his first year. There are lots of great schools for these people.
post #119 of 418
Quote:
Originally Posted by Saltricks View Post

Actually I clarified it a bit with her, and its actually 300k in interest, with 200k principal, for a grand total of 500k debt. She just passed the bar, but no real job offer still.
Edit: And the 20 year forgiveness thing doesn't apply to her.

That hardly seems possible, unless she took out like 25% loans somehow. It'd take 11 years at 8.5% to hit $300k in interest.

Something is amiss about this story.
post #120 of 418
im pretty sure she had a bunch of consumer debt, rent, food, etc. all on credit
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Business, Careers & Education
Styleforum › Forums › Culture › Business, Careers & Education › Law Schools - Where and Why?