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re: Interested in Law School? Employment Numbers

Posted on 4/23/14 at 1:14 pm to
Posted by Bunk Moreland
Member since Dec 2010
56577 posts
Posted on 4/23/14 at 1:14 pm to
quote:

Yeah, but you gotta make that dicking off time up somewhere to hit your billables. If you bill hours, there is no break/vacation; you gotta make that time up somewhere. You can't work from 9-6 every day and hit your billable hours goal..


New guy at my office thought it was a good idea to send around an email asking whether he had to make up the hours since the office was closed Good Friday. Bosses were not happy. They really DGAF how much you're in the office. All that matters is what goes out the door. I have a bad habit of dicking off on Friday, so generally have to make that up on Sunday.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12272 posts
Posted on 4/23/14 at 1:17 pm to
quote:

Just as a preface we're not going to see eye to eye on this simply based on your username. A 10 hour day, every day, is nothing to you? That's wild to me. I like to do things with my life other than work. What's another hour? It's one less hour that I can come home in the afternoon and go fishing in my back yard. You and I must have a very different definition of what big law firms are, because my friends working for "big" firms are not working 9-7. 8-8 is much more common.

I also don't buy into the "especially when you're young" idea just because I want to do more (traveling, etc.) while I'm young and still can. My girlfriend just got a great job in the city that offers her the same flexibility. 7 hour days are an illusion. My issue is freedom. Smaller firms give me that, and I know younger guys at both of the firms I've been looking at who have the quality of life that I want. I'm just not trying to slave over billing hours to make partner in 6-7 years. Again, I understand why people do that. It's just not for me.

Big firms just don't do it for me. I like a smaller, more personal working environment anyways. I also have absolutely zero desire to live in New Orleans.

Bottom line: money is cool, but it's not the most important thing in my life. Pow pow used to say if you spend your life chasing a dollar you'll always be behind it, and I think that's pretty accurate. That being said, some people like that. I just don't.


Fair enough. Do what is best for you, obviously. A 10 hour day is not nothing to me. I typically don't like to be at the office until 7 or later, but I do when I have to. That said, a 10 hour day in corporate America is pretty average. I know very few people who are in positions of power or in a position that will net them a large income who work 9 to 5 every day. Even engineers don't.

The bottom line is that the practice of law is typically less flexible than a lot of people think. I joined a smaller firm based on the sales pitch that I would have a "better work-life balance" than the bigger firms. I bill less hours, that's the truth, but I'm still at the office from around 9 to 6 or 7 every night because shite randomly pops up. I have been at work until 2 or 3 in the morning. A trial is a trial. A closing is a closing. These are inevitable. It will be the same way in a small firm. Just go in with your eyes open is all.

But I'm sure you'll figure it out once you start. And I agree with you, I would have no desire to live in New Orleans either.
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/23/14 at 1:18 pm to
quote:

Going to a non-T20 school and racking up 200k+ in debt for law school is crazy talk unless you are top 10% or have some serious connections.



I have four friends that go to Loyola Law, one at LSU and one at Southern.

The one at Southern has had some difficulties with employment so I hired him. He really has no interest in practicing law from what I can tell.

The one at LSU got hired by Exxon Corp. But he really is an extraordinary individual.

One of my friends at Loyola is set up with a great firm in his area.

The other three I'm sure will be unemployed and nonpracticing because they're all generalized.
Posted by Jwodie
New Orleans
Member since Sep 2009
7241 posts
Posted on 4/23/14 at 1:18 pm to
quote:

Loyola


Grad here. Been employed since three months pre-Bar exam.

Life is peachy.
Posted by bluemoons
the marsh
Member since Oct 2012
5583 posts
Posted on 4/23/14 at 1:20 pm to
quote:

A trial is a trial. A closing is a closing. These are inevitable. It will be the same way in a small firm. Just go in with your eyes open is all.


Yeah you're right. My biggest concern is learning how to balance trial work and life outside of work. I'm probably going to end up in litigation just because it keeps things interesting, but with litigation there is ALWAYS more you can do/could've done and I'm worried it's gonna be tough to figure out how to shut that off when leaving work.
Posted by bluemoons
the marsh
Member since Oct 2012
5583 posts
Posted on 4/23/14 at 1:20 pm to
quote:

The one at LSU got hired by Exxon Corp. But he really is an extraordinary individual.


Is your friend a 2L at LSU with initials RB?
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
43309 posts
Posted on 4/23/14 at 1:21 pm to
quote:

I went on a full ride and I can't say I'd do it all over again.



That's why I'm gunning for the military or a govt job
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/23/14 at 1:22 pm to
quote:

racking up 200k+ in debt for law school is crazy talk


I think Loyola NOLA costs about that much from what they told me. I laughed. I laughed a lot when they told me that.

One thinks he can pay it off in one case.

The others I'm pretty sure plan on hoping Obama cancels all their debt with public service.
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/23/14 at 1:22 pm to
No, he just graduated and took/passed the bar.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12272 posts
Posted on 4/23/14 at 1:23 pm to
quote:

For instance, if I was going into law school right now I'd specialize in tax law, IP law or some other niche that a large portion never specializes in.


Most people don't figure this out until they are in too deep. Additionally, it is near impossible to know what niche you want to practice in law school. Very few people are exposed to all the different areas of law in their clerkships or classes. And classes are much different than clerkships. I thought I'd like being a litigator. The practice of litigation is far different than what I learned in the classroom. I never would have thought I would rather be a deal lawyer. But here I am and I would much rather be a deal lawyer than a litigator.

So, yeah, if you know what you want to do within law, you'll have a leg up. IP and Tax are good niches to be in right now. But they aren't for everyone.

Going to an Ivy League school for law school is probably better in terms of job security after law school, but the debt is far greater coming out of Harvard than it is LSU (typically), so you have to take that into consideration as well. There are dozens of other factors to consider, as well, which I won't get into, but as a general proposition, you aren't wrong.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
43309 posts
Posted on 4/23/14 at 1:24 pm to
quote:

Loyola NOLA costs


I could be wrong, but isn't Tulane more expensive?
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/23/14 at 1:27 pm to
quote:

Most people don't figure this out until they are in too deep.


That just seems like priority No. 1 before I even took the LSAT. But I'm 28. Not 23. So maybe that's a maturity difference.

quote:

he debt is far greater coming out of Harvard than it is LSU (typically), so you have to take that into consideration as well. There are dozens of other factors to consider


My buddy that just graduated from LSU, I was told was accepted at Harvard (near perfect LSAT) but was given a free ride at LSU. So he took LSU. It seems to have worked out swell for him.
Posted by saltydawg
corn country
Member since Sep 2011
1937 posts
Posted on 4/23/14 at 1:28 pm to
quote:

Going to an Ivy League school for law school is probably better in terms of job security after law school, but the debt is far greater coming out of Harvard than it is LSU (typically), so you have to take that into consideration as well.


Good point. This is really a question of risk aversion.

You can go to a Ivy, take out 250k debt, and have a very good chance at BigLaw (where you can pay down the debt at 3 years). Another good route is state school, where you can easily escape under 100k debt but are unlikely to get BigLaw making 160k right off the bat.

The people in the truly worst position are those who take out full debt for schools without great BigLaw placement. Beyond the top 10 schools, it's a huge risk to take out 250k debt. If you're not near the top of your class (a sliding scale based on your school's prestige), have fun with that debt.
This post was edited on 4/23/14 at 1:32 pm
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/23/14 at 1:29 pm to
quote:

I could be wrong, but isn't Tulane more expensive?



I have no idea. Tulane is another one of those schools I don't see value in. Maybe because everyone I ever met that went to Tulane undergrad are in similar or below me in terms of job track. Seems like a waste of money.

LSU is still your best bang for buck in this state in undergrad and law school IMO.
Posted by bluemoons
the marsh
Member since Oct 2012
5583 posts
Posted on 4/23/14 at 1:29 pm to
quote:

That just seems like priority No. 1 before I even took the LSAT. But I'm 28. Not 23. So maybe that's a maturity difference.


Big difference there.

A lot of my friends are 2Ls and still have no idea, but they'll be fine. It's tough to find a niche in law school.

Law school and practicing law =/= gloom and doom.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
432390 posts
Posted on 4/23/14 at 1:32 pm to
quote:

For instance, if I was going into law school right now I'd specialize in tax law, IP law or some other niche that a large portion never specializes in.

the problem is those classes are tough, and most law school students are more concerned with padding their grades-stats
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
21075 posts
Posted on 4/23/14 at 1:35 pm to
Goddammit I'm late to a law school threat again!

Was I late because I was working? Impossible, no 2013 grads have jobs.

Ok, let's get this shite started:

You'll never find a job, too much debt, SULC aka Swaguars aka flawyers are the best students in the state, bar is too hard, Feb 2014 results getting posted in 2 days, Joe Bockrath parties, learned con law from wikipedia and everything else from Sally, lawyers are crooks.

There. That about cover it?

Has my ni66a theronswanson made it in yet??



ETA: HE HAS! Rock on.

This post was edited on 4/23/14 at 1:36 pm
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/23/14 at 1:35 pm to
quote:

the problem is those classes are tough, and most law school students are more concerned with padding their grades-stats



I have no doubt they're probably tough but you know, it would seem more profitable to be a C+ tax lawyer in Louisiana than a A- Criminal lawyer.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
43309 posts
Posted on 4/23/14 at 1:37 pm to
I'd pay $$$ to see ron swanson's face when he sees an OT law school thread

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
432390 posts
Posted on 4/23/14 at 1:37 pm to
also if you want to do tax law you have to get an LLM
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