I've come to the fountain of all knowledge for help with this decision. A lot of due diligence goes into this decision, and I'd love some objective opinions. Not surprisingly, since cost is roughly equal, my main two concerns are quality of life and job prospects. A couple of background notes:
1) I'm interested in corporate law, thinking about a JD/MBA, and wouldn't mind slaving away for the biggest law possible for a while.
2) I'm from Texas and wouldn't mind practicing here, but I'm up for change. I currently work at a well-established Texas firm that recruits at both schools (same class rank cut-off), and I've made really good connections here so I think that I could probably get back if I'm dying to. But if I fall in love with the east, that's cool too.
3) I've got a wife and two kids, so QOL is a huge factor, and the idea of a beautiful, old, rural town on the east coast sounds much more appealing than another big Texas city.
4) If the stars aligned and I had a chance to transfer to a T10, I probably would.
I've visited SMU and am planning a trip to W&M next month.
I really appreciate your opinion.
(HT for the "deathmatch" title: http://www.top-law-schools.com/forums/viewtopic.php?f=1&t=149679