untar614 wrote:Micdiddy wrote:NYstate wrote:Paul Campos wrote:The great thing about TLS is that there are plenty of 0Ls who will let you know which T-14 has "better profs."
Ouch. Prof Camps coming from a Michigan alum that is harsh..
That said, OP you should go to Northwestern. You should look at which school will help you the most in a worst-case scenario. I think Northwestern will help you get a job at graduation somewhere, more than Michigan would.
Do not be fooled by the 2012 job stats. There is no way to know what those stats will be in 2 years. Every report says biglaw wil hold steady or decrease. The market is unstable. I would assume that 2012 is the best case scenario. If hiring improves, that will only benefit you.
You need to maximize your chances of employment.
Just curious, what is the total COA for each after scholarship? How much can your wife contribute? Will you be owing about $150,000? If so , you need biglaw
Using LST estimates COA is practically exactly the same since what NU's scholly adds the "indirect expenses" and higher tuition just take away. Using some hand-dandy calculations MRizza provided me (in exchange for a cold, frosty payment to be given at a later date), my COA for NU is about exactly 150k. I have no reason Mich should be any different since I will be taking out the same total loans, just applying the money more toward tuition than other expenses.
If I am able to pay ~48k and year toward this debt, according to said calculations it should be paid off by the end of year 4 with a total expense paid of ~176k.
Is this Big Law or bust? I understand Big Law is what would allow me to actually pay that 48k/yr. But what if I pay 25 or 30k per year at a ~100k salary gig? Hmm...
how many 100k salary gigs are there? looking at the data i've seen, salary distributions seem largely bimodal.
Great question as well! I am strongly leaning towards Big Law anyway, but the idea of Big Law or bust is what's unsettling. I don't want me and my wife's life to be ruined 'cause I couldn't secure that cushy 160k. Not to mention my poor dog!