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Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 12:01 am
by BruceWayne
moonman157 wrote:
gguuueessttt wrote:
justonemoregame wrote:I'd love to see that easy breezy 5-year payment sked with your T-6 at sticker debt.
It was discussed here and a couple other places that I can't find right now but I'll try to. I think the consensus is that it's very easy to pay back loans in 10 years, and reasonably easy to pay back in 5 years if you're willing to have a lower take-home income. Personally, I won't have kids and I'll be living with my boyfriend who makes a lot of money so 5 years will be relatively easy for me if I get a job in big law. But even if it's not super easy for everyone, it's definitely doable and (IMO) not worth giving up a T6 reputation for an Emory scholly.
Unless you're BruceWayne and wildly assume Emory is free for the sake of taking another opportunity to shit on the T14
I answer the question asked. I wasn't really concerned with the stats of the number of people getting these schollys. And honestly you sound like an 0L. Especially considering the fact that I attend a top 14.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 12:07 am
by Aqualibrium
Everyone missed the fact that this whole thing seems to be a scenario op made up. Anyway, my opinion is that it's damn hard to turn down going to a reputable school in an area you want to work in completely free.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 12:12 am
by moonman157
BruceWayne wrote:
moonman157 wrote:
gguuueessttt wrote:
justonemoregame wrote:I'd love to see that easy breezy 5-year payment sked with your T-6 at sticker debt.
It was discussed here and a couple other places that I can't find right now but I'll try to. I think the consensus is that it's very easy to pay back loans in 10 years, and reasonably easy to pay back in 5 years if you're willing to have a lower take-home income. Personally, I won't have kids and I'll be living with my boyfriend who makes a lot of money so 5 years will be relatively easy for me if I get a job in big law. But even if it's not super easy for everyone, it's definitely doable and (IMO) not worth giving up a T6 reputation for an Emory scholly.
Unless you're BruceWayne and wildly assume Emory is free for the sake of taking another opportunity to shit on the T14
I answer the question asked. I wasn't really concerned with the stats of the number of people getting these schollys. And honestly you sound like an 0L. Especially considering the fact that I attend a top 14.
But you aren't. He question was Emory with scholarship, not Emory at full ride. I don't dispute most of what you have to say about the T14; it's a healthy dose of reality. But is there honestly an aplicant who has the stats to get a full ride at Emory but not get a cent from any T14?

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 12:13 am
by albanach
BruceWayne wrote: If you're below median at "CCN" you are in serious jeopardy of not getting biglaw (i.e. half of the class). Not getting biglaw with CCN sticker debt is a very difficult financial situation. Further, OP says that he has a strong interest in PI and no preference between Atlanta, NY, and DC. For someone who wants PI going to school for free + stipend is especially great. And since he said he has no preference between NY, DC, and Atlanta, going to CCN for sticker isn't worth it to get the leg up on NYC/DC PI jobs. Non HYS top 14 doesn't give the OP anything special that he wants. Especially not for 250K + in debt.
Firstly, let's not get carried away with the dire predicament facing law grads.

60% of UVA's (therefore below CCN) class of 21 are in firms > 50 or Judicial clerkships. I'll guess 10% of the class were actively pursuing PI. So already we have 7/10 graduates likely ending up where they wanted to be. That looks a lot better than your claim of half the class in serious jeopardy of not getting biglaw.

Secondly, if you want to do PI, you also want to look at your school's LRAP program.

The Emory LRAP program appears to stop paying if/when your salary reaches $55k. It also only repays for five years. (This is from a quick Google search. You should check this).

T14 LRAP programs tend to be better. At UVA it will pay for the full ten years at 100% up to $55k and then is prorated up to a salary of $75k.

Under the Emory program you'll be faced with a real danger of being offered - or required to take - a pay raise that will put you over the LRAP cap and end up costing you money.

If you go to UVA at sticker but have all/most your loan paid off by the LRAP program, you'd be better off than if you go to Emory at 2/3 the cost but have to pay five years of loan repayments until the balance is written of by IBR.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 12:22 am
by BruceWayne
But you aren't. He question was Emory with scholarship, not Emory at full ride. I don't dispute most of what you have to say about the T14; it's a healthy dose of reality. But is there honestly an aplicant who has the stats to get a full ride at Emory but not get a cent from any T14?
I can see that you're not really into reading before you post. The OP specifically said Emory for free, and with a stipend at that.

And lol at those UVA stats from albanach. 7/10 at UVA with jobs that can be described as "where they want to be"? Hell no. Judicial clerkships includes things like local family/misdemeanor state court clerkships. Almost 18% of the class of 2011 are on "fellowships" (i.e are employed by the school while working for some non-profit with no salary.

And less than 50 percent of the class has biglaw lined up. Go check out Rayiner's numbers and the nlj 250. It's ugly.
39 % of UVA got nlj 250 firms--and nlj250 is a much larger spectrum of firms than vault.

http://www.law.com/jsp/nlj/PubArticleNL ... 1015232104

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 12:31 am
by Tiago Splitter
At Northwestern 67.5% of students in the class of 2011 either worked in a Federal Clerkship or made 100K+.

http://www.law.northwestern.edu/career/statistics/

But I seriously doubt the OP's hypo is one in which people find themselves. Going back several years I could only find one Emory scholarship on LSN of more than 100K, and that was a few years ago to someone with a 170/3.96 who got into Yale. Even if you can't get Yale, you'll get substantial scholarship money within the T-14 with those numbers. And if you are just above both of Emory's medians and figure you can grab a full ride that way, you need to retake.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 1:11 am
by grace123
Op is referencing woodruff scholarship at emory http://www.law.emory.edu/admission/wood ... -2013.html

FWIW, many people that get awarded Woodruff have to make this very determination. I think it depends entirely on career goals and where you want to practice. If you want to practice PI in the South, no-brainer to take the Woodruff. If you're not sure where/what you want to practice, you start getting into grayer area.

OP, If you say you're going to do PI and you want to do biglaw for a couple years, just realize that transition is extremely hard to make. Are you a frugal person? Do you like to buy nice things? It is going to be hard to not fall victim to golden handcuffs.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 1:13 am
by grace123
Tiago Splitter wrote:At Northwestern 67.5% of students in the class of 2011 either worked in a Federal Clerkship or made 100K+.

http://www.law.northwestern.edu/career/statistics/

But I seriously doubt the OP's hypo is one in which people find themselves. Going back several years I could only find one Emory scholarship on LSN of more than 100K, and that was a few years ago to someone with a 170/3.96 who got into Yale. Even if you can't get Yale, you'll get substantial scholarship money within the T-14 with those numbers. And if you are just above both of Emory's medians and figure you can grab a full ride that way, you need to retake.
Although that number sounds surprisingly close, using employment numbers straight off the school's website is not going to give you accurate info in general. Try law school transparency.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 1:31 am
by SemperLegal
grace123 wrote:
Tiago Splitter wrote:At Northwestern 67.5% of students in the class of 2011 either worked in a Federal Clerkship or made 100K+.

http://www.law.northwestern.edu/career/statistics/

But I seriously doubt the OP's hypo is one in which people find themselves. Going back several years I could only find one Emory scholarship on LSN of more than 100K, and that was a few years ago to someone with a 170/3.96 who got into Yale. Even if you can't get Yale, you'll get substantial scholarship money within the T-14 with those numbers. And if you are just above both of Emory's medians and figure you can grab a full ride that way, you need to retake.
Although that number sounds surprisingly close, using employment numbers straight off the school's website is not going to give you accurate info in general. Try law school transparency.
I like this as well

http://www.law.com/jsp/nlj/PubArticleNL ... 2543436520

http://www.law.com/img/nlj/charts/composite.pdf

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 2:06 am
by 3ThrowAway99
weye wrote:. For the record, this is largely hypothetical, but I appreciate the response.

Did nobody notice this? Come back when you actually have the options OP.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 3:05 am
by rad lulz
Lawquacious wrote:
weye wrote:. For the record, this is largely hypothetical, but I appreciate the response.

Did nobody notice this? Come back when you actually have the options OP.
TCR

167/4.0 (per OPs profile) is probably not a shoe-in for the Woodruff at Emory and the only T14 OP can rely on in Cornell, so this thread is dumb.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 8:22 am
by weye
rad lulz wrote:
Lawquacious wrote:
weye wrote:. For the record, this is largely hypothetical, but I appreciate the response.

Did nobody notice this? Come back when you actually have the options OP.
TCR

167/4.0 (per OPs profile) is probably not a shoe-in for the Woodruff at Emory and the only T14 OP can rely on in Cornell, so this thread is dumb.
No, not dumb. The scholarship offer from Emory requires that you respond within something like 24 hours, so I thought it would make sense to get opinions on this beforehand. And I went 3/4 in the low T14 last year with a 165 with some very late applications; I think its reasonable to expect more than Cornell, and I think it's going to be a tough decision if I get the Woodruff. Thanks though.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 9:30 am
by Tiago Splitter
grace123 wrote:
Tiago Splitter wrote:At Northwestern 67.5% of students in the class of 2011 either worked in a Federal Clerkship or made 100K+.

http://www.law.northwestern.edu/career/statistics/

But I seriously doubt the OP's hypo is one in which people find themselves. Going back several years I could only find one Emory scholarship on LSN of more than 100K, and that was a few years ago to someone with a 170/3.96 who got into Yale. Even if you can't get Yale, you'll get substantial scholarship money within the T-14 with those numbers. And if you are just above both of Emory's medians and figure you can grab a full ride that way, you need to retake.
Although that number sounds surprisingly close, using employment numbers straight off the school's website is not going to give you accurate info in general. Try law school transparency.
The numbers on Northwestern's website work just fine. LST doesn't provide that kind of detailed salary information, and all of their stuff comes from what the school provides to US News and ABA anyway. If you think the schools are straight up lying when they fill out these reports, then LST is worthless.

By the way, how do you know the number is "surprisingly close?"

Also, even though this is a hypo for the OP and probably pointless for him, it could be useful for other people in the future. For most of those people, the easy answer is retake.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 11:30 am
by grace123
unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 1:33 pm
by FattyMcFatFat
BruceWayne wrote:
But you aren't. He question was Emory with scholarship, not Emory at full ride. I don't dispute most of what you have to say about the T14; it's a healthy dose of reality. But is there honestly an aplicant who has the stats to get a full ride at Emory but not get a cent from any T14?
I can see that you're not really into reading before you post. The OP specifically said Emory for free, and with a stipend at that.

And lol at those UVA stats from albanach. 7/10 at UVA with jobs that can be described as "where they want to be"? Hell no. Judicial clerkships includes things like local family/misdemeanor state court clerkships. Almost 18% of the class of 2011 are on "fellowships" (i.e are employed by the school while working for some non-profit with no salary.

And less than 50 percent of the class has biglaw lined up. Go check out Rayiner's numbers and the nlj 250. It's ugly.
39 % of UVA got nlj 250 firms--and nlj250 is a much larger spectrum of firms than vault.

http://www.law.com/jsp/nlj/PubArticleNL ... 1015232104
I'm not disputing most of this, but I do think that using NLJ250 as a proxy for BigLaw success is questionable. I know at least two people who go to UVA who turned down multiple NLJ250 offers to work for boutiques with less than 100 attorneys.

Also, I'm pretty sure something like 12% of the class gets a "legit" federal clerkship.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 3:58 pm
by weye
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 4:11 pm
by Ruxin1
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
go on

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 4:20 pm
by TheThriller
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
lets compare softs bro

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 4:23 pm
by helix23
TheThriller wrote:
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
lets compare softs bro
Let's keep this PG-13.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 4:40 pm
by rad lulz
Ruxin1 wrote:
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
go on

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 4:46 pm
by DougieFresh
TheThriller wrote:
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
lets compare softs bro
Image

two dragons

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 5:03 pm
by usfvictor
"What is Emory, Alex". TLS is a funny group.

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 5:19 pm
by weye
Ruxin1 wrote:
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
go on
Do I have to worry about admissions officers identifying me by my specific softs on this site?

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 5:23 pm
by TheThriller
weye wrote:
Ruxin1 wrote:
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
go on
Do I have to worry about admissions officers identifying me by my specific softs on this site?
No

Re: Emory scholly v. T14 sticker

Posted: Fri Nov 16, 2012 5:38 pm
by weye
rad lulz wrote:
Ruxin1 wrote:
weye wrote:
grace123 wrote:unless you have really amazing softs, you're not gonna get woodruff with those numbers. But you probably will get a very nice scholly from Emory (2/3 tuition-ish), so that's good. Good luck on your choices, OP!

I do have pretty bangin softs.
go on