Is it worth waiting a year?

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droges
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Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 5:16 pm

I applied late with a February LSAT (167, 3.65) and have narrowed it down to:
UGA: COA 55K
BC: ALOT (waiting to hear back from fin. aid office but would be atleast 150k)

I do not have a preference in terms of location, but do hope to have the ability to work for a private firm, either big law or mid size with respectable salary, or work for the government. I know BC places well in Big Law while UGA is not so fortunate. I do not have my heart set on big law, but if I did go the private practice route I would like to start with a respectable salary (90-100k). I would wait a year and reapply which I know would broaden my options, and possibly with a JUne retake open more doors, but I really want to get back into school this year.

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gbpackerbacker
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Re: Is it worth waiting a year?

Postby gbpackerbacker » Tue Apr 26, 2011 5:18 pm

Yes.

droges
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Re: Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 5:21 pm

can you elaborate? my concern is that if I wait and apply early but I am left with similar options at the end of the next cycle, I spent a whole year out of school for nothing.

droges
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Re: Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 5:45 pm

If I decided to wait a year and reapplied early with my current numbers 3.65, 167 do you think a school like BC would offer money this time around? My feeling is that, even with an early application, the amount of money I would be offered is too low to justify postponing school a year.

whymeohgodno
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Re: Is it worth waiting a year?

Postby whymeohgodno » Tue Apr 26, 2011 5:49 pm

droges wrote:If I decided to wait a year and reapplied early with my current numbers 3.65, 167 do you think a school like BC would offer money this time around? My feeling is that, even with an early application, the amount of money I would be offered is too low to justify postponing school a year.


Yes I have a feeling an early app would get you some $ at BC.

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enron123
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Re: Is it worth waiting a year?

Postby enron123 » Tue Apr 26, 2011 5:51 pm

whymeohgodno wrote:
droges wrote:If I decided to wait a year and reapplied early with my current numbers 3.65, 167 do you think a school like BC would offer money this time around? My feeling is that, even with an early application, the amount of money I would be offered is too low to justify postponing school a year.


Yes I have a feeling an early app would get you some $ at BC.


+1 http://lawschoolnumbers.com/tanhuoqiu/jd

CanadianWolf
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Re: Is it worth waiting a year?

Postby CanadianWolf » Tue Apr 26, 2011 5:55 pm

Wait & apply to Indiana among others. Non-residents with 167 LSAT scores typically received $120,000 over three years from IUB.

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JamMasterJ
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Re: Is it worth waiting a year?

Postby JamMasterJ » Tue Apr 26, 2011 6:02 pm

I'd wait. I am. Retake June or Oct and get in your apps by Nov 1

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gwuorbust
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Re: Is it worth waiting a year?

Postby gwuorbust » Tue Apr 26, 2011 6:14 pm

do you like unnecessarily taking on debt? if the answer is yes, don't wait a year.

for all other answers, TCR is to wait.

EDIT FOR SRS ERROR CAUSED BY EXAM STRESS
Last edited by gwuorbust on Tue Apr 26, 2011 6:33 pm, edited 1 time in total.

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ajcollege
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Re: Is it worth waiting a year?

Postby ajcollege » Tue Apr 26, 2011 6:14 pm

droges wrote:can you elaborate? my concern is that if I wait and apply early but I am left with similar options at the end of the next cycle, I spent a whole year out of school for nothing.


So what? Worst case, you're waiting an extra year to pay the same, but with the very good possibility of better job prospects on the back-end and savings from any job you can find right now. Better case, you get all that PLUS a retake in June gets you 170+ and you're looking at a whole new board of options. Think $ to $$$ in the T14.

Even if you don't retake, you applied too late. You will have as good or better cycle if you wait.

droges
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Re: Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 6:27 pm

do you like unnecessarily taking on debt? if the answer is no, don't wait a year.

for all other answers, TCR is to wait.




So you think I should go to UGA if I am debt averse rather than waiting a year?

03121202698008
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Re: Is it worth waiting a year?

Postby 03121202698008 » Tue Apr 26, 2011 6:29 pm

gwuorbust wrote:do you like unnecessarily taking on debt? if the answer is no, don't wait a year.

for all other answers, TCR is to wait.


Not sure why this is true. Especially if OP can get a job over that year and save money. Then OP would have less debt even if they ended up in the exact same position which is unlikely. Feb is very late. Applying earlier could do wonders.

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bk1
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Re: Is it worth waiting a year?

Postby bk1 » Tue Apr 26, 2011 6:30 pm

Retake for T12/T13/T14/whatever or bust. If you have your heart set on a "respectable salary," at least give yourself a 50% chance of achieving it.

stylishlaw
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Re: Is it worth waiting a year?

Postby stylishlaw » Tue Apr 26, 2011 6:33 pm

Deposit at one of the schools and retake in June?

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gwuorbust
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Re: Is it worth waiting a year?

Postby gwuorbust » Tue Apr 26, 2011 6:35 pm

edited my post above. Basically, I think that you should wait and not unnecessarily take on debt.

TCR is wait (and retake if you think you can score higher) OR go to UGA IF you are fine working in GA small/midlaw.

droges
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Re: Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 6:36 pm

I assumed thats what you meant

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paratactical
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Re: Is it worth waiting a year?

Postby paratactical » Tue Apr 26, 2011 6:38 pm

Don't get me wrong, it fucking sucks, but if you can, waiting a year could be very profitable for you. In addition to having a year to get WE that might help your applications, you could attempt to retake the LSAT and further pay down any existing debt that you have. Having less debt, a savings, a better resume and a potentially better LSAT is all worth it even if your scholarship offers aren't dramatically different. And even if BC doesn't give you more money, you might stand a shot at getting into better schools.

edit: This is def my personal position as I have decided to delay law school several years so that I can have a baller resume, no debt and (hopefully) a baller LSAT instead of my mediocre score I got the first go round. IMO, it's a smart financial decision, but YMMV.

Sandro
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Re: Is it worth waiting a year?

Postby Sandro » Tue Apr 26, 2011 6:41 pm

CanadianWolf wrote:Wait & apply to Indiana among others. Non-residents with 167 LSAT scores typically received $120,000 over three years from IUB.


COA even with the 120k at IUB is 60k+, not sure why you would advocate that.

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bk1
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Re: Is it worth waiting a year?

Postby bk1 » Tue Apr 26, 2011 6:43 pm

Sandro wrote:not sure why you would advocate that.


I'm not sure why anybody is advocating anything other than T12/T13 when the OP's goal is a 6 figure salary.

droges
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Re: Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 6:46 pm

Yea its pretty difficult to decide. Im sure if I waited a year I could get better offers/ more money, especially with a higher LSAT score. But I also did really like UGA, the one main concern I have is their placement. I don't need big law but I would like to have the opportunity or the opportunity for a mid law position. If their placement stats were a little better I think I would take the money and go this year.

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bk1
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Re: Is it worth waiting a year?

Postby bk1 » Tue Apr 26, 2011 6:50 pm

droges wrote:Yea its pretty difficult to decide. Im sure if I waited a year I could get better offers/ more money, especially with a higher LSAT score. But I also did really like UGA, the one main concern I have is their placement. I don't need big law but I would like to have the opportunity or the opportunity for a mid law position. If their placement stats were a little better I think I would take the money and go this year.


Midlaw is a very small part of the legal world (so is biglaw for that matter) and midlaw is often just as hard as biglaw to obtain.

You want a 6 figure starting salary. Since the majority of those are in biglaw, you kind of need biglaw.

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paratactical
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Re: Is it worth waiting a year?

Postby paratactical » Tue Apr 26, 2011 6:51 pm

bk1 wrote:
droges wrote:Yea its pretty difficult to decide. Im sure if I waited a year I could get better offers/ more money, especially with a higher LSAT score. But I also did really like UGA, the one main concern I have is their placement. I don't need big law but I would like to have the opportunity or the opportunity for a mid law position. If their placement stats were a little better I think I would take the money and go this year.


Midlaw is a very small part of the legal world (so is biglaw for that matter) and midlaw is often just as hard as biglaw to obtain.

You want a 6 figure starting salary. Since the majority of those are in biglaw, you kind of need biglaw.

+1

I didn't notice the 90-100k. You want that money, you need to retake/reapply or suck up the BC debt and pray to do really well there. I would definitely wait a year in those shoes you got.

droges
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Re: Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 6:55 pm

I'm not necessarily debt averse and would be willing to take on the BC debt, but dont know if it is worth the risk. They place about 33% into the NJL 250, which is a large proportion but I'm not sure how good the opportunities are outside of the top 1/3 of the class.

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bk1
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Re: Is it worth waiting a year?

Postby bk1 » Tue Apr 26, 2011 7:00 pm

droges wrote:I'm not necessarily debt averse and would be willing to take on the BC debt, but dont know if it is worth the risk. They place about 33% into the NJL 250, which is a large proportion but I'm not sure how good the opportunities are outside of the top 1/3 of the class.


I doubt the rest of the class is making close to 6 figures. Plus, a majority (2/3) of the time you aren't going to get biglaw out of BC.

BC is not worth the risk. At least give yourself a 50/50 shot of being able to pay back your debt (which is why I said you should got to a T12/T13 if you really want a 6 figure salary).

droges
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Re: Is it worth waiting a year?

Postby droges » Tue Apr 26, 2011 7:11 pm

I've pretty much concluded that if BC doesnt offer any aid, and I don't expect them to, I will either wait a year, retake, and apply early or go to UGA, not really have to worry about debt and hope to do exceptionally well, and if I don't I atleast wouldnt be burdened with debt the rest of my life.




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