Tiago Splitter wrote:
kaiser wrote:Thats why I've always said that we should have some kind of color coding that would identify what year people are. That way we can sift out the "0L effect" you mentioned above that tends to skew polls and discussions, and yet goes unnoticed half the time. If I asked actual practicing lawyers about this, they would likely say turning down $100K extra money from a T10 school is stupid unless we are talking Harvard or Yale.
Rayiner is one of the most respected 3L posters on here and he often recommends turning down the money.
The problem I have with a lot of law students saying "take the money" is that in many cases they are already BigLaw secure after turning down the money and taking the higher ranked school.
You also have a poster in this thread who didn't get a BigLaw job, and is saying take the money, which is another important scenario to consider.
Think about it:
If you go to UVA and get BigLaw, you'll be glad to have much less debt to pay off.
If you go to UVA and strike out at OCI, you'll be glad to have much less debt to pay off.
The vast majority of people who don't get law firm jobs out of UVA wouldn't have gotten them if they went to CLS. The vast majority of people who get law firm jobs out of CLS would have gotten them out of UVA.
In short, yes, there is some additional risk you're taking on by going to a slightly lower-ranked school, but it is FAR outweighed by the risk you aren't taking on by borrowing more money.
The OP's preferences for not living in Charlottesville, on the other hand, are legitimate and hard to put a price tag on. I think, though, that there is very little justification for taking out an extra $40k to go to CLS over NYU. I just don't see it.