what's up with this "big law or bust" idea?

(Rankings, Profiles, Tuition, Student Life, . . . )
User avatar
theturkeyisfat
Posts: 236
Joined: Sat Jun 30, 2007 2:04 am

what's up with this "big law or bust" idea?

Postby theturkeyisfat » Mon Feb 21, 2011 5:10 pm

many, many posts advice people to go to the highest ranked school that they are accepted to at sticker if they're "big law or bust," even if these schools only offer mediocre "big law" prospects and the people seeking advice have good scholarships from lower-ranked schools. this wording dismisses the consequences of living the "bust" scenario, though (where you can't pay off stifling debt).

ridiculous.

i just felt like venting.

User avatar
fatduck
Posts: 4186
Joined: Mon Sep 13, 2010 10:16 pm

Re: what's up with this "big law or bust" idea?

Postby fatduck » Mon Feb 21, 2011 5:11 pm

i don't think "bust" is supposed to be a good outcome

paulinaporizkova
Posts: 2494
Joined: Mon Nov 22, 2010 9:25 pm

Re: what's up with this "big law or bust" idea?

Postby paulinaporizkova » Mon Feb 21, 2011 5:11 pm

not gonna touch this one

User avatar
dood
Posts: 1639
Joined: Tue Apr 21, 2009 11:59 am

Re: what's up with this "big law or bust" idea?

Postby dood » Mon Feb 21, 2011 5:12 pm

cause u a pessimist bro.

User avatar
dood
Posts: 1639
Joined: Tue Apr 21, 2009 11:59 am

Re: what's up with this "big law or bust" idea?

Postby dood » Mon Feb 21, 2011 5:13 pm

paulinaporizkova wrote:not gonna touch this one


wtf is ur avatar from lololol

User avatar
pattonthicke
Posts: 102
Joined: Mon Nov 01, 2010 9:09 pm

Re: what's up with this "big law or bust" idea?

Postby pattonthicke » Mon Feb 21, 2011 5:18 pm

I think the posts do take into account the consequences of "busting",ie, not getting big law at a top school, but think the alternative is a worse situation. No matter what anyone says, the only good situation is a significant scholly at a t-14ish school (which is not a possibility for most). Other than that, you can make arguments for paying sticker at a t-14 or taking a scholly at a lower school, but none of those are ideal situations. IMO, they both require a gamble.

User avatar
tea_drinker
Posts: 781
Joined: Fri Feb 05, 2010 11:44 am

Re: what's up with this "big law or bust" idea?

Postby tea_drinker » Mon Feb 21, 2011 6:17 pm

theturkeyisfat wrote:
ridiculous.

i just felt like venting.


Because you are in the "bust" situation?

User avatar
theturkeyisfat
Posts: 236
Joined: Sat Jun 30, 2007 2:04 am

Re: what's up with this "big law or bust" idea?

Postby theturkeyisfat » Mon Feb 21, 2011 6:27 pm

tea_drinker wrote:
theturkeyisfat wrote:
ridiculous.

i just felt like venting.


Because you are in the "bust" situation?


no, i'll go to law school next year. i'm mostly talking about posts that tell people to go to schools in the 20-30 range that have relatively better big firm placement, like bu or fordham, while taking on a shitton of debt "if they're biglaw or bust." it doesn't make sense to me.

User avatar
tea_drinker
Posts: 781
Joined: Fri Feb 05, 2010 11:44 am

Re: what's up with this "big law or bust" idea?

Postby tea_drinker » Mon Feb 21, 2011 6:34 pm

Sure. But why should you care? It's internet, and the site is Top Law Schools.

User avatar
RVP11
Posts: 2774
Joined: Tue Nov 06, 2007 6:32 pm

Re: what's up with this "big law or bust" idea?

Postby RVP11 » Mon Feb 21, 2011 6:37 pm

theturkeyisfat wrote:
tea_drinker wrote:
theturkeyisfat wrote:
ridiculous.

i just felt like venting.


Because you are in the "bust" situation?


no, i'll go to law school next year. i'm mostly talking about posts that tell people to go to schools in the 20-30 range that have relatively better big firm placement, like bu or fordham, while taking on a shitton of debt "if they're biglaw or bust." it doesn't make sense to me.


Because if you're truly "BigLaw or bust" you'll drop out if you're bottom half after 1L or you strike out in 2L OCI.

User avatar
Stonewall
Posts: 392
Joined: Thu Jan 27, 2011 1:19 am

Re: what's up with this "big law or bust" idea?

Postby Stonewall » Mon Feb 21, 2011 6:37 pm

RVP11 wrote:
theturkeyisfat wrote:
tea_drinker wrote:
theturkeyisfat wrote:
ridiculous.

i just felt like venting.


Because you are in the "bust" situation?


no, i'll go to law school next year. i'm mostly talking about posts that tell people to go to schools in the 20-30 range that have relatively better big firm placement, like bu or fordham, while taking on a shitton of debt "if they're biglaw or bust." it doesn't make sense to me.


Because if you're truly "BigLaw or bust" you'll drop out if you're bottom half after 1L or you strike out in 2L OCI.


pretty much

User avatar
Marionberry
Posts: 1302
Joined: Fri Apr 23, 2010 9:24 pm

Re: what's up with this "big law or bust" idea?

Postby Marionberry » Mon Feb 21, 2011 6:38 pm

theturkeyisfat wrote:no, i'll go to law school next year. i'm mostly talking about posts that tell people to go to schools in the 20-30 range that have relatively better big firm placement, like bu or fordham, while taking on a shitton of debt "if they're biglaw or bust." it doesn't make sense to me.


I rarely see anyone give that advice without mentioning what a risky gamble it is. However, it's still true that if all someone cares about is making 6 figures right out of school regardless of any debt, risk, or likely calamity involved, that the advice you're talking about is sound. It's still a bad idea, but it's not incongruent with the priorities that the people express.
Last edited by Marionberry on Mon Feb 21, 2011 6:39 pm, edited 1 time in total.

User avatar
rman1201
Posts: 959
Joined: Mon Jan 25, 2010 4:11 pm

Re: what's up with this "big law or bust" idea?

Postby rman1201 » Mon Feb 21, 2011 6:38 pm

theturkeyisfat wrote:
tea_drinker wrote:
theturkeyisfat wrote:
ridiculous.

i just felt like venting.


Because you are in the "bust" situation?


no, i'll go to law school next year. i'm mostly talking about posts that tell people to go to schools in the 20-30 range that have relatively better big firm placement, like bu or fordham, while taking on a shitton of debt "if they're biglaw or bust." it doesn't make sense to me.


In the context you described, why would someone not go to BU or Fordham if they're "Biglaw or Bust" (meaning they only want biglaw)? These schools would give that person the greatest shot as opposed to a regional school with no biglaw opportunities or a lower ranked school in a saturated market. It's still not wise to take sticker at a 20-30 school, especially hoping for biglaw since the odds are stacked against you, but if someone is 'biglaw or bust' and thats the best they can do, it's worth a shot.

paulinaporizkova
Posts: 2494
Joined: Mon Nov 22, 2010 9:25 pm

Re: what's up with this "big law or bust" idea?

Postby paulinaporizkova » Mon Feb 21, 2011 6:38 pm

dood wrote:
paulinaporizkova wrote:not gonna touch this one


wtf is ur avatar from lololol


it's a composite of several different things. what can i say i like $$$$$$$

User avatar
tea_drinker
Posts: 781
Joined: Fri Feb 05, 2010 11:44 am

Re: what's up with this "big law or bust" idea?

Postby tea_drinker » Mon Feb 21, 2011 6:40 pm

paulinaporizkova wrote:
dood wrote:
paulinaporizkova wrote:not gonna touch this one


wtf is ur avatar from lololol


it's a composite of several different things. what can i say i like $$$$$$$


The balloon flew away, huh?

paulinaporizkova
Posts: 2494
Joined: Mon Nov 22, 2010 9:25 pm

Re: what's up with this "big law or bust" idea?

Postby paulinaporizkova » Mon Feb 21, 2011 6:44 pm

tea_drinker wrote:
paulinaporizkova wrote:
dood wrote:
paulinaporizkova wrote:not gonna touch this one


wtf is ur avatar from lololol


it's a composite of several different things. what can i say i like $$$$$$$


The balloon flew away, huh?


yep.

LoyalRebel
Posts: 193
Joined: Sun Feb 20, 2011 1:20 pm

Re: what's up with this "big law or bust" idea?

Postby LoyalRebel » Tue Feb 22, 2011 12:54 am

As ridiculous as the "big law or bust" idea is, I hardly expect anything more from a bunch of future lawyers.

"Run along now, you'll never make it. Leave the law school to me; I'm better than you" is the typical response you'll get when you mention this subject.

I think the truly great people end up being those who aren't phased by having the odds stacked against them.

User avatar
rman1201
Posts: 959
Joined: Mon Jan 25, 2010 4:11 pm

Re: what's up with this "big law or bust" idea?

Postby rman1201 » Tue Feb 22, 2011 12:58 am

LoyalRebel wrote:As ridiculous as the "big law or bust" idea is, I hardly expect anything more from a bunch of future lawyers.

"Run along now, you'll never make it. Leave the law school to me; I'm better than you" is the typical response you'll get when you mention this subject.

I think the truly great people end up being those who aren't phased by having the odds stacked against them.


Just don't complain if things end up in accordance with the odds.

User avatar
DeeCee
Posts: 1352
Joined: Mon Nov 15, 2010 4:09 am

Re: what's up with this "big law or bust" idea?

Postby DeeCee » Tue Feb 22, 2011 1:00 am

TLS (Top Law Schools, hence the name) is like this. Learn to deal with it or don't.........OP, not sure why you started a thread to complain about the obvious and in turn have others tear you down about it.

flcath
Posts: 1502
Joined: Fri Nov 06, 2009 11:39 pm

Re: what's up with this "big law or bust" idea?

Postby flcath » Tue Feb 22, 2011 1:13 am

theturkeyisfat wrote:
tea_drinker wrote:
theturkeyisfat wrote:
ridiculous.

i just felt like venting.


Because you are in the "bust" situation?


no, i'll go to law school next year. i'm mostly talking about posts that tell people to go to schools in the 20-30 range that have relatively better big firm placement, like bu or fordham, while taking on a shitton of debt "if they're biglaw or bust." it doesn't make sense to me.

I have literally never met anyone going into more than about $60K in debt for ND. The schools in this range know how this works, and they give out mad $$$ to stay competitive. Even the kids paying sticker usually have parents who are paying for everything, which, by the way, it does NOT take rich parents to do.

User avatar
lisjjen
Posts: 1242
Joined: Wed Jun 30, 2010 12:19 am

Re: what's up with this "big law or bust" idea?

Postby lisjjen » Tue Feb 22, 2011 1:16 am

flcath wrote:I have literally never met anyone going into more than about $60K in debt for ND. The schools in this range know how this works, and they give out mad $$$ to stay competitive. Even the kids paying sticker usually have parents who are paying for everything, which, by the way, it does NOT take rich parents to do.


I wish I had the kind of not rich parents you're thinking of.

User avatar
NZA
Posts: 1285
Joined: Fri Nov 19, 2010 10:01 pm

Re: what's up with this "big law or bust" idea?

Postby NZA » Tue Feb 22, 2011 1:16 am

I think the equation works something like this:

Big Law = Money

Money = Happiness

Big Law = Happiness

Duh, OP.

User avatar
jwrash
Posts: 261
Joined: Sun Oct 10, 2010 9:08 pm

Re: what's up with this "big law or bust" idea?

Postby jwrash » Tue Feb 22, 2011 1:17 am

lisjjen wrote:
flcath wrote:I have literally never met anyone going into more than about $60K in debt for ND. The schools in this range know how this works, and they give out mad $$$ to stay competitive. Even the kids paying sticker usually have parents who are paying for everything, which, by the way, it does NOT take rich parents to do.


I wish I had the kind of not rich parents you're thinking of.

+1

FiveSermon
Posts: 1507
Joined: Tue Dec 14, 2010 6:56 pm

Re: what's up with this "big law or bust" idea?

Postby FiveSermon » Tue Feb 22, 2011 1:17 am

theturkeyisfat wrote:
tea_drinker wrote:
theturkeyisfat wrote:
ridiculous.

i just felt like venting.


Because you are in the "bust" situation?


no, i'll go to law school next year. i'm mostly talking about posts that tell people to go to schools in the 20-30 range that have relatively better big firm placement, like bu or fordham, while taking on a shitton of debt "if they're biglaw or bust." it doesn't make sense to me.


LOL@ 20-30 having good placement. It's more like T6 good placement T17 decent placement and everyone else left fighting for scraps.

User avatar
DeeCee
Posts: 1352
Joined: Mon Nov 15, 2010 4:09 am

Re: what's up with this "big law or bust" idea?

Postby DeeCee » Tue Feb 22, 2011 1:18 am

lisjjen wrote:
flcath wrote:I have literally never met anyone going into more than about $60K in debt for ND. The schools in this range know how this works, and they give out mad $$$ to stay competitive. Even the kids paying sticker usually have parents who are paying for everything, which, by the way, it does NOT take rich parents to do.


I wish I had the kind of not rich parents you're thinking of.


Me too, my parents can't afford to pay shit :( :cry:

And if they could, they wouldn't because they think I should pay my way for grad school.




Return to “Choosing a Law School”

Who is online

Users browsing this forum: andpeggy, Yahoo [Bot] and 4 guests