WUSTL full ride vs Cornell 135k?

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zombie mcavoy
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Re: WUSTL full ride vs Cornell 135k?

Postby zombie mcavoy » Sat Mar 14, 2015 3:04 pm

cornell here no question.

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chuckbass
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Re: WUSTL full ride vs Cornell 135k?

Postby chuckbass » Sat Mar 14, 2015 3:13 pm

Just to flesh my thoughts out even more as to why Cornell is certainly worth 45k more than WUSTL. Here at WUSTL, the goal is to get top 10%. These are the grades you need here to really feel comfortable and at ease. Obviously more than 10% of the class ends up with good jobs, but after that there's a lot more luck involved. Our OCI is 100% preselect, so once you're down to ~top 20%, while that's definitely good enough to get biglaw, you're getting less interviews thereby increasing your chances of striking out. Cornell on the other hand is a school where you can walk from median straight into a firm job. Now that I'm here and understand the stress, I would pay significantly more than even the 45k difference you have for the opportunities that Cornell would provide. Hth.

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retaking23
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Re: WUSTL full ride vs Cornell 135k?

Postby retaking23 » Sat Mar 14, 2015 3:44 pm

Cornell
- much better in employment
- much more and real national reach
- T14/ Ivy league pre$tige
- Ithaca is gorges

Both schools have pretty small class sizes. And, though Cornell has a rep as a gunner haven, the lack of pressure to get top 10% or else will make it a lot more stressfree.

Cornell is easily worth 50k more than WUSTL.

BigZuck
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Re: WUSTL full ride vs Cornell 135k?

Postby BigZuck » Sat Mar 14, 2015 4:10 pm

retaking23 wrote:Cornell
- much better in employment
- much more and real national reach
- T14/ Ivy league pre$tige
- Ithaca is gorges

Both schools have pretty small class sizes. And, though Cornell has a rep as a gunner haven, the lack of pressure to get top 10% or else will make it a lot more stressfree.

Cornell is easily worth 50k more than WUSTL.

While of course I agree, let's not kid ourselves: law students are gonna law student no matter where they go to school. I don't think lack of stress is ever really a factor at any school.

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BiglawAssociate
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Re: WUSTL full ride vs Cornell 135k?

Postby BiglawAssociate » Sat Mar 14, 2015 4:20 pm

Don't you need to be top half at Cornell to get a high paying job? That still involves a decent amount of gunning.

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Trippel
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Re: WUSTL full ride vs Cornell 135k?

Postby Trippel » Sat Mar 14, 2015 4:34 pm

BiglawAssociate wrote:Don't you need to be top half at Cornell to get a high paying job? That still involves a decent amount of gunning.


No.

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ballcaps
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Re: WUSTL full ride vs Cornell 135k?

Postby ballcaps » Sat Mar 14, 2015 4:45 pm

retaking23 wrote:Cornell
- much better in employment
- much more and real national reach
- T14/ Ivy league pre$tige
- Ithaca is gorges

Both schools have pretty small class sizes. And, though Cornell has a rep as a gunner haven, the lack of pressure to get top 10% or else will make it a lot more stressfree.

Cornell is easily worth 50k more than WUSTL.

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runinthefront
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Re: WUSTL full ride vs Cornell 135k?

Postby runinthefront » Sat Mar 14, 2015 4:53 pm

Trippel wrote:
BiglawAssociate wrote:Don't you need to be top half at Cornell to get a high paying job? That still involves a decent amount of gunning.


No.

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BiglawAssociate
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Re: WUSTL full ride vs Cornell 135k?

Postby BiglawAssociate » Sat Mar 14, 2015 5:10 pm

runinthefront wrote:
Trippel wrote:
BiglawAssociate wrote:Don't you need to be top half at Cornell to get a high paying job? That still involves a decent amount of gunning.


No.


Sorry - top 60% then? Not very good odds for that kind of debt.

Hutz_and_Goodman
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Re: WUSTL full ride vs Cornell 135k?

Postby Hutz_and_Goodman » Sat Mar 14, 2015 5:15 pm

BiglawAssociate wrote:
mvp99 wrote:True about finance guys/gals. Although they do sacrifice even more... but that sacrifice is exponentially compensated compared to law/medicine.


My coworker's wife is 31 and makes 900k a year doing asset management. Works 50 hours a week. Only has a bachelor's degree in business....FML.


This is a unicorn outcome
On the other side, there are people who get Mordecai/Ruby/Hamilton->big law associate -> big law partner. You won't be making 900k but depending on the firm $500k+
But you're right that on average finance people make more $ than lawyers

BigZuck
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Re: WUSTL full ride vs Cornell 135k?

Postby BigZuck » Sat Mar 14, 2015 5:22 pm

BiglawAssociate wrote:
runinthefront wrote:
Trippel wrote:
BiglawAssociate wrote:Don't you need to be top half at Cornell to get a high paying job? That still involves a decent amount of gunning.


No.


Sorry - top 60% then? Not very good odds for that kind of debt.

For someone educating people about how big law hiring works, it kinda sounds like you don't know how big law hiring works.

Also, I like the schtick bro, don't ruin it in one day

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BiglawAssociate
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Re: WUSTL full ride vs Cornell 135k?

Postby BiglawAssociate » Sat Mar 14, 2015 5:24 pm

Hutz_and_Goodman wrote:
BiglawAssociate wrote:
mvp99 wrote:True about finance guys/gals. Although they do sacrifice even more... but that sacrifice is exponentially compensated compared to law/medicine.


My coworker's wife is 31 and makes 900k a year doing asset management. Works 50 hours a week. Only has a bachelor's degree in business....FML.


This is a unicorn outcome
On the other side, there are people who get Mordecai/Ruby/Hamilton->big law associate -> big law partner. You won't be making 900k but depending on the firm $500k+
But you're right that on average finance people make more $ than lawyers


Biglaw partner is more unicorn than making 500k+ in finance though. Plus, it now takes 12-13 years in NYC to make biglaw partner and most of them aren't homegrown. Plus, if you're a biglaw partner, you will be working more than 50 hours a week. Biglaw partners in NYC can make over 2 million a year, but they pay for it forever. And when they start out, they are making like 500k, which is kind of crap for 12-13 years in the profession. The hours never get better unless you are a huge rainmaker who can have service partners doing all the work for you. So basically you have service partners billing 60 hours a week or whatever, making 500k, and then rainmakers making 6 million a year doing little real work. Unless you're a rainmaker, it sounds like a crappy prospect.

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bretby
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Re: WUSTL full ride vs Cornell 135k?

Postby bretby » Sat Mar 14, 2015 5:30 pm

BiglawAssociate wrote:
mvp99 wrote:
BiglawAssociate wrote:
mvp99 wrote:True about finance guys/gals. Although they do sacrifice even more... but that sacrifice is exponentially compensated compared to law/medicine.


My coworker's wife is 31 and makes 900k a year doing asset management. Works 50 hours a week. Only has a bachelor's degree in business....FML.


Nice. But is that the norm or an exception?


Probably exception, but still pretty normal to start out (straight out of college) making a base of lower six figures in finance. And bonus on top of that. It's much better financially to go into finance than law.

Biglawyers (and obviously lawyers generally) don't make that much money in the grand scheme of things.


If she works for a hedge fund, that is high, but not shocking. Your run of the mill 30 year old at Goldman or Morgan Stanley, though, makes nothing approaching that, even factoring in bonuses.

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BiglawAssociate
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Re: WUSTL full ride vs Cornell 135k?

Postby BiglawAssociate » Sat Mar 14, 2015 5:49 pm

bretby wrote:
BiglawAssociate wrote:
mvp99 wrote:
BiglawAssociate wrote:
My coworker's wife is 31 and makes 900k a year doing asset management. Works 50 hours a week. Only has a bachelor's degree in business....FML.


Nice. But is that the norm or an exception?


Probably exception, but still pretty normal to start out (straight out of college) making a base of lower six figures in finance. And bonus on top of that. It's much better financially to go into finance than law.

Biglawyers (and obviously lawyers generally) don't make that much money in the grand scheme of things.


If she works for a hedge fund, that is high, but not shocking. Your run of the mill 30 year old at Goldman or Morgan Stanley, though, makes nothing approaching that, even factoring in bonuses.


They make a biglaw salary though, without having to spend/pay for 3 years in grad school.




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