Reply to Per ATL: Yale & Harvard Law No Longer T14

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[quote=Anonymous][quote=Anonymous]Harvard, Yale, and Stanford (although Stanford does give out a little bit of merit aid through the Knights-Hennessey program) give out all of their aid through "need" only. That means they will almost always take into account parental wealth and assets. Harvard is known to be the least generous in this regard (over half of their students pay the full $320,000 price tag), whereas Yale and Stanford are known to be more generous with "need" aid. I put "need" in quotations because how each school calculates "need" is somewhat suspect.

Other law schools in the T14 (Columbia, Chicago, Penn, NYU, UVA, Michigan, Berkeley, Duke, Cornell, Northwestern, and Georgetown) give out the majority of their aid through merit alone (i.e. GPA + LSAT score). Consequently, if you're looking at the financial side of job outcomes alone in getting a legal education, deciding to attend a T14 school on a full or even half tuition merit scholarship might be a better decision than deciding to attend Harvard Law at sticker price, since generic Big Law outcomes are going to be very similar across 12 or so of the top law schools. If you're angling to go into academia, become a judge, get a COA or SCOTUS clerkship, then the decision might be javascript:void(0);a little less clear, since Harvard, Yale, and Stanford (and Chicago) do have somewhat of an advantage above the other schools. [/quote]
+1. Spouse turned down HLS for a full ride to another T14. Very financially successful, retired rather early. Obviously, this was many yrs ago, but it sounds like merit is even more common now than back then. It would be hard to imagine a better financial outcome happening from HLS; he was never interested in clerking and many of his partners were former S. Ct. clerks, all ending up in the same place, financially. My perspective is that, at least for law school name, a T14 is enough to get any student where they want to go in BigLaw. Like any other career, the rest is up to the person and their qualities: the intellectual goods, the drive to work hard, etc.[/quote]

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