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re: Life as a Lawyer Advice Needed

Posted on 3/29/24 at 11:25 am to
Posted by OleVaught14
Member since Jun 2019
6874 posts
Posted on 3/29/24 at 11:25 am to
quote:

Law is one of the professions where being at the best school possible can have a monumental outcome if you are a top student.


100%. If you want to do big law in NYC, by far your best chance to break into that world is going to a T14 school. It's not impossible if you aren't at one of those schools, but you'll have to network really hard to break in.

Alternatively, if she wants to work at a smaller, more local firm, she needs to think about where she wants to live. For example, if she likes the SC area she should go to SC over Tennessee or LSU. Being in SC, they will value a SC law degree over basically anything else.
Posted by jchamil
Member since Nov 2009
16514 posts
Posted on 3/29/24 at 11:36 am to
quote:

100%. If you want to do big law in NYC, by far your best chance to break into that world is going to a T14 school. It's not impossible if you aren't at one of those schools, but you'll have to network really hard to break in.


One of my best friends is a partner at the NYC office of one of the top firms in the world. He graduated from Tennessee Law. He is the hardest working person I've ever met and is certainly an exception. He started in their Atlanta office before moving up to NYC
Posted by TigerGrad2011
Member since Aug 2016
1578 posts
Posted on 3/29/24 at 11:44 am to
Unless it is a top tier law school, things are somewhat regionalized. That amount of money is insignificant when comparing the disadvantage you might place yourself in by choosing the wrong school for your end goals.

With that perspective I would ask the questions:

1. Where do you think you will want to live and practice?

2. Is there a special niche you might be interested in that you could exploit using the network, location, etc. offered by a law school?

3. Is there some special quality, instruction, advantage that one or more of those schools offer in comparison to the others?

As many posters have mentioned, the long term outlook of Louisiana is not bright. Tennessee and South Carolina have certain business, geographical, and other advantages over Louisiana now and looking into the future.

I would put LSU firmly behind the other two options unless she has some reason she wants to live in Louisiana. Even then, as her parent you should start to discuss and help her understand topics like this. As a 22 year old you have no clue about what it means to actually live somewhere and put down roots and how that can affect your life and your future family.
Posted by OleVaught14
Member since Jun 2019
6874 posts
Posted on 3/29/24 at 11:56 am to
quote:

He graduated from Tennessee Law.


Yeah your average Tennessee and SC class is going to have single digit graduates going into big law right out of school. And 1-2 tops are going to start on NYC. The rest who break into big law will be in an office in Atlanta, Dallas, Charlotte, etc... which is still big law, but not the NYC big law people see on TV and think about
Posted by slinger1317
Northshore
Member since Sep 2005
5871 posts
Posted on 3/29/24 at 11:56 am to
I wouldn’t choose LSU just for the free tuition. In the grand scheme of things 35k is not a big deal.

Louisiana’s economy is in the toilet, we have the highest sales tax in the nation and an extremely bad insurance climate. If you aren’t from here I certainly wouldn’t recommend voluntarily immersing yourself in this shitty state.
Posted by meansonny
ATL
Member since Sep 2012
25664 posts
Posted on 3/29/24 at 12:04 pm to
This is the money talk.

So I'm just going to say it...
$35k is a lot of money for a 20 year old.
Invest it at 20 and tell me if you regret it 35 to 45 years later.

The most powerful "controlled" element to compound growth is time.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422852 posts
Posted on 3/29/24 at 12:19 pm to
quote:

So I'm just going to say it...
$35k is a lot of money for a 20 year old.
Invest it at 20 and tell me if you regret it 35 to 45 years later.

The most powerful "controlled" element to compound growth is time.


Now do compound growth for making $50-100k more per year over just the first 5 years of that 20.
Posted by meansonny
ATL
Member since Sep 2012
25664 posts
Posted on 3/29/24 at 12:41 pm to
quote:

Now do compound growth for making $50-100k more per year over just the first 5 years of that 20.


How old is one with a law degree?

$35k with a 3 year head start versus $50k before taxes is still a big deal.

Your response implies that she is guaranteed that extra $50k to $100k for attending Tennessee or South Carolina versus attending LSU.

I'm not being Argumentative. Or presumptive about the jobs coming out of Tennessee vs LSU.

I am laying out opportunity cost in a more comprehensive fashion.
LSU saves $35k real dollars per year.
There is guaranteed opportunity with that scenario.

If you have something that points to a strength of argument for $50k to $100k more per year after South Carolina, im sure the OP would appreciate it.
This post was edited on 3/29/24 at 12:42 pm
Posted by saderade
America's City
Member since Jul 2005
25743 posts
Posted on 3/29/24 at 12:45 pm to
As others have said, I’d only choose LSU if she wants to stay in Louisiana after law school. Otherwise the others are better options.
Posted by Weekend Warrior79
Member since Aug 2014
16430 posts
Posted on 3/29/24 at 2:11 pm to
quote:

LSU saves $35k real dollars per year.

OP said it would be ablet $35k over 3 years, so $12k a year.

I'm sure you can do the math and realize that drastically changes your calculations. Each of the respective admissions offices should also have the statistics about typical earning potential right out of college.

Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
703 posts
Posted on 3/29/24 at 4:52 pm to
If she got into a T14, go to the T14. If not, don’t go at all.
Posted by TheWalrus
Member since Dec 2012
40588 posts
Posted on 3/29/24 at 5:47 pm to
What’s pretty solid? 162? 168? You’re looking at different caliber law schools with those two scores.
Posted by TheWalrus
Member since Dec 2012
40588 posts
Posted on 3/29/24 at 5:48 pm to
I got into a T14 and decided against law school. Don’t think I could have handled the pressure.
This post was edited on 3/29/24 at 5:48 pm
Posted by OleVaught14
Member since Jun 2019
6874 posts
Posted on 3/29/24 at 5:52 pm to
quote:

If she got into a T14, go to the T14. If not, don’t go at all.


Depends on what they are looking for. Could say the same thing about elite medical school, business schools, accounting school, etc.
Posted by OTIS2
NoLA
Member since Jul 2008
50147 posts
Posted on 3/29/24 at 5:55 pm to
I’m not on top of this subject now…I’m guessing her LSAT is above 168, likely in the solid 170’s. Oldest son had a full ride through LSU in 2014 with a 179 and good GPA.
Posted by Drizzt
Cimmeria
Member since Aug 2013
12907 posts
Posted on 3/29/24 at 5:59 pm to
First, a law degree is a bad investment. They have over produced for the market, hence all the scummy ambulance chasing commercials. That said, even in a bad field the smartest people do well. Also, if Louisiana has such a negative outlook, I would see that as a great opportunity if I was a lawyer since other lawyers won’t locate there. People who make the most money in many professions are often in unpopular markets were they have little competition.
Posted by PUB
New Orleans
Member since Sep 2017
18261 posts
Posted on 3/29/24 at 6:24 pm to
Stay as far away from La as possible.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89569 posts
Posted on 3/29/24 at 6:43 pm to
I simply can't recommend the profession unless you're going to go to a Top 25 law school and make law review (or you have a guaranteed family job in a legit big money firm).

Are there folks doing well who don't have those things going for them? Yes. Is it a complete and utter crapshoot? Mostly.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422852 posts
Posted on 3/29/24 at 6:51 pm to
quote:

They have over produced for the market, hence all the scummy ambulance chasing commercials.

Bruh what? You see so many of those people b/c, regardless of its status as a social pathology or not, they print money if they can get clients in.

quote:

Also, if Louisiana has such a negative outlook, I would see that as a great opportunity if I was a lawyer since other lawyers won’t locate there.

We have a lot of mediocre and dumb people who get law degrees via our state schools + Loyola
This post was edited on 3/29/24 at 6:52 pm
Posted by Dayman
Member since Sep 2015
713 posts
Posted on 3/29/24 at 6:52 pm to
Law school doesn’t matter (unless it is southern) if you want to practice at any big firm in New Orleans. More important to be top of your class, law review, etc. and make the on campus interview process.

Once you move away from the big firms, grades and rank matter. But not necessarily whether you went to lsu, Tulane, or Loyola. The middle tier firms are more interested in good cultural fit.

If you want to move outside of New Orleans, don’t go to Loyola.

You will hear a lot of negatives about the profession from both lawyers and non lawyers. The truth is, being a lawyer can be a great profession, from both an earnings and happiness stand point.

This post was edited on 3/29/24 at 6:54 pm
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