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Reply to "is being a lawyer losing its appeal compared to tech or finance for high achieving students?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I did well in biglaw. Son is attending now. Entering Law, is, still the best upward mobility vehicle I know of aside from med school, which takes much longer. After clerking, he'll enter DC or New York firms making $246K or better. Yes, he knows how mindboggling boring it can be. He's heard it from me and all of my friends. Itis what it is. But it will get him set financially for life and after being an associate, he can find a better path should he want it. There are many other things that law graduates can do. Many[/quote] Only true if you get into T14. Otherwise you won’t even get an interview at most biglaw firms. [/quote] I can’t necessarily refute but I can anecdote and it seems that decent law schools in good legal markets are also strong feeders to BigLaw. Know a girl at Fordham with offers from Latham and another big firm and she isn’t top of the class or law review or whatever. She says many in her class are also getting good offers. Now, I doubt she would have many options if she wanted to go to SV, but it seems recruiting is strong in NYC. [/quote] The data is out there in spades. Don’t go to Fordham to enter big law unless you think sub 50% odds are okay. If it doesn’t pan out you’ve wasted your youth and a ton of tuition dollars. Bad luck, roll again![/quote] Well, OK…but the point is it isn’t a terrible strategy if you can’t get admission to a T14, right? It’s definitely not a zero chance like PP indicated. Maybe a better example is an in state person going to UGA and accepting they will just work for BigLaw in Atlanta. You pay in state rates and it’s top 25. BigLaw exists in every major city…it’s just you have BiggestLaw vs just BigLaw.[/quote] It's a bad strategy because failure means a three year resume gap, a lack of substantive skil development (legal education is a farce), and non-dischargeable student debt (or mommy and daddy wasting big bucks). Half of entry level big law jobs are in NYC. The next cluster is in DC. Atlanta does not pay market. Boston, Chicago, LA, SF etc. have small big law markets, even if they do exist at market. Going to UGA or Emory to gun for Atlanta big law is not a good strategy given the downside risk is awful.[/quote]
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