chimp wrote:So what are you leaning towards OP?
I'm leaning towards attending. I don't think I can dramatically improve my situation by reapplying. That being said, I'm still not sold on the idea. So we'll see.
SBL wrote:Depends what your options are. I picked Davis (with $) over USC (sticker) and never looked back, so for me, the answer to this question was a firm NO. On the other hand, there's a damn good argument to be made that USC at sticker is better than a T2 (let's say Pepperdine or Loyola) with $$$.
Yeah I got into Davis, Loyola, Pepperdine and Hastings as well. Davis' location didn't appeal to me, SF COL is too high, and Loyola and Pepperdine's scholly stips were hideous. So USC is the best option for me. Tuition is just a beast.
jtemp320 wrote:Worth sticker to me means betting on getting either biglaw (allowing you to repay your loans fairly quickly and potentially have good exit options) or LRAP qualifying with a good LRAP (and work that you would actually want to do). Looks like USC placed about 29% of its grads into the NLJ250. Another 4% of so get clerkships (some are non-prestigious but lets be generous and say that could lead to big pay afterwards). If your only goal is law school as an investment in making serious money then you are basically putting a 220k bet down with 33% odds of winning (actually the odds are totally unpredictable seeing as how you don't know how you'll do and some luck is involved). Even if you win that bet you may get laid off, hate your job so much you quit long before repaying your loans etc.
As a pure financial investment law school isn't what it was when the economy was better. I'd want at least 50% odds of getting biglaw or clerkship.
But ask yourself - are there other kinds of law you'd be seriously interested in that are LRAP eligible? Would you mind being poorly paid for a long time if the work was interesting? If yes, then take a look at SC's LRAP - will it cover you in a viable way? If you got a midlaw job with long hours and equal pay to what you might earn at an office job that dosen't require a law degree - could you handle that?
I don't think those are questions just you should ask yourself- I've been asking myself those questions a lot. No matter how high you go (outside maybe HYS) a complete strikeout is possible and terrifying. We are all taking a risk. Even those of us on full rides at T14s, (if your parents arent paying your way) you can easily rack up 75k of debt in living expenses and could strike out. Going to law school is an insanely expensive proposition.
But if you approach law school with seriousness, know you aren't in this just to make money but there are multiple kinds of legal work you'd like to do, think you will enjoy the actual process of learning and law school and are confident in yourself then maybe its worth it.
Is SC worth sticker if you had a full ride and no stips at Loyola - no. Is SC worth sticker if you have a dcently paying career track job now and are really just interested in Biglaw to make money - no. Is SC worth sticker if you have a burning desire to be a lawyer, its your best option, and you understand the risks and are determined to hustle everyway possible? Then yes, its a very good law school and you should be proud of getting in.
Thanks for your input. I'm well aware that law school is not something you pursue in the sole interest of making money. I work at a law firm right now and have been getting a ton of advice from attorneys. I've done research on this using NALP and other employment figures as well as speaking with practicing attorneys on a frequent basis (both attorneys at my firm and family friends/mentors). I am well aware of the risks and the likelihood that I won't be making a lot of money out of law school. I'm also very open-minded to the type of law I want to practice. The firm I work has reaffirmed my interest in being an attorney and I'm thankful I had the opportunity to work in the legal world before taking on law school. It's not necessary but it's a pretty damn good experience.