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Started By
Message
re: Law School Advice
Posted on 1/22/14 at 5:09 pm to LoveThatMoney
Posted on 1/22/14 at 5:09 pm to LoveThatMoney
quote:Right on the money.
LoveThatMoney
1
Posted on 1/22/14 at 5:10 pm to SabiDojo
quote:I was in Big Firm life for many years. You want to know a common theme among all of the partners? They all had tons of money. It never was enough. They still fought over getting their fair share. All except for a couple of the newer partners had failed marriages and strained relationships with children.
What's disturbing is many of the suicides were committed by successful attorneys.
There are certainly those that have great careers and great home lives who are genuinely happy with their careers and lives in general, but they are the exceptions not the norm.
This post was edited on 1/22/14 at 5:12 pm
Posted on 1/22/14 at 5:10 pm to tigershornets
quote:
Thanks for the advice. It's just good to look at things from different angles.
My advice comes from a guy who won the damn law school lottery. I had $25k in debt which I paid off prior to any interest accruing. I got a job making well into 6 figures right out of law school. I married a woman who had $0 in debt and got a job making well into 6 figures right out of law school (she also won the law school lottery).
Not sure being a lawyer is what I really want to do long term, but I have already saved a considerable amount of money. I am in a very good position for a guy my age. You can be in the same boat if you listen to some of the advice that's been given on here. I really hope you take (some of) it seriously.
Posted on 1/22/14 at 5:11 pm to WDE24
quote:
I was in Big Firm life for many years. You want to know a common theme among all of the partners? They all had tons of money. It never was enough. They still fought over getting their fair share. All except for a couple of the newer partners had failed marriages and strained relationships with children.
There are certainly those that have great careers and great home lives who are genuinely happy with their careers and lives and general, but they are the exceptions not the norm.
I generally agree with this.
Posted on 1/22/14 at 5:12 pm to WDE24
quote:
I was in Big Firm life for many years. You want to know a common theme among all of the partners? They all had tons of money. It never was enough. They still fought over getting their fair share. All except for a couple of the newer partners had failed marriages and strained relationships with children.
Yikes.
Posted on 1/22/14 at 5:13 pm to arseinclarse
Yeah. LSU Law.
Posted on 1/22/14 at 5:13 pm to WDE24
quote:
I was in Big Firm life for many years. You want to know a common theme among all of the partners? They all had tons of money. It never was enough. They still fought over getting their fair share. All except for a couple of the newer partners had failed marriages and strained relationships with children.
Because it's all about making money. It's selling your life, your greatest gift, bit by bit. It's not about the client, your quality of life. It about $$$.
Posted on 1/22/14 at 5:15 pm to WDE24
quote:
I was in Big Firm life for many years. You want to know a common theme among all of the partners? They all had tons of money. It never was enough. They still fought over getting their fair share. All except for a couple of the newer partners had failed marriages and strained relationships with children.
There are certainly those that have great careers and great home lives who are genuinely happy with their careers and lives in general, but they are the exceptions not the norm.
Damn. That's certainly true to some extent in my experience, but it is not really the norm for the partners to have bad home lives. What city were you in?
Posted on 1/22/14 at 5:18 pm to LoveThatMoney
quote:It would be interesting to count the number of partners over 40 who were still happy in their first marriage.
but it is not really the norm for the partners to have bad home lives.
quote:Don't want to get too specific, but I have practiced in two different states and been around lots of firms big and small all around the country (mostly in the Southeast).
What city were you in?
My perception may be jaded because I dislike being in the profession, but I feel like it is pretty accurate and realistic.
This post was edited on 1/22/14 at 5:20 pm
Posted on 1/22/14 at 5:18 pm to tigershornets
And another thing: for the most part, this is a thankless profession.
Posted on 1/22/14 at 5:19 pm to tigershornets
If you don't mind being in Louisiana, I'd say LSU is your best choice here.
Posted on 1/22/14 at 5:20 pm to tigershornets
Where do you want to practice?
SMU has the best name recognition and is in a strong legal market. I'd definitely choose SMU over Tulane if the net price is similar or more advantageous. If you are sure you're staying in La., I'd go to a full ride school.
On another note, not to make it harder for you, did you apply elsewhere and not get in? If you're getting money at SMU, could you get into Texas? What about Alabama, UGA, UNC, or UVA?
I'd take 30k at SMU above full price at all of those except arguably UVA (but still, even then likely) but take some shots if you've got time. I know deadlines are here/past.
In sum, SMU.
SMU has the best name recognition and is in a strong legal market. I'd definitely choose SMU over Tulane if the net price is similar or more advantageous. If you are sure you're staying in La., I'd go to a full ride school.
On another note, not to make it harder for you, did you apply elsewhere and not get in? If you're getting money at SMU, could you get into Texas? What about Alabama, UGA, UNC, or UVA?
I'd take 30k at SMU above full price at all of those except arguably UVA (but still, even then likely) but take some shots if you've got time. I know deadlines are here/past.
In sum, SMU.
Posted on 1/22/14 at 5:21 pm to tigershornets
It's worth considering going with a full scholarship to one of those schools, but you're not going to strike it big from one of them.
Posted on 1/22/14 at 5:22 pm to SabiDojo
Posted on 1/22/14 at 5:22 pm to SabiDojo
quote:
And another thing: for the most part, this is a thankless profession.
Yep. Particularly in litigation.
Posted on 1/22/14 at 5:22 pm to TheOcean
It really is.
Posted on 1/22/14 at 5:23 pm to TheWalrus
quote:
It's worth considering going with a full scholarship to one of those schools, but you're not going to strike it big from one of them.
Probably true, though if you're top 10% from LSU or Loyola I have to think you'll get NOLA big law offers, yes?
Posted on 1/22/14 at 5:24 pm to Thomas Hudson
quote:
Thomas Hudson
You tryin to hire me when I make law review?
Posted on 1/22/14 at 5:24 pm to Pettifogger
quote:
Probably true, though if you're top 10% from LSU or Loyola I have to think you'll get NOLA big law offers, yes?
Yes. Particularly since he's from New Orleans.
Posted on 1/22/14 at 5:24 pm to WDE24
quote:
My perception may be jaded because I dislike being in the profession, but I feel like it is pretty accurate and realistic.
This is true. Most of the secretaries are looking to 'move up' and marry a lawyer. So they practically throw themselves at them. This, coupled with long hours, makes an unhappy wife and a secretary with a chance.
And, if she gets him, there has to be a new kid - so unhappy kids from the first marriage.
This is true practically across the board with the hour-billers.
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