It does get talked about but a lot of people still aren't sure what to make of Texas A&M. I personally attend the law school on a full tuition scholarship, and I couldn't be happier with my decision so far. I'm going to talk about my experience compared to other Texas school since I'm assuming that's where you are looking to attend.
I have several years of work experience under my belt in the DFW area (wanted to leverage my network), and my spouse has a great career here, so I was only realistically going to attend law school at SMU or A&M. I am highly averse to taking on debt, and I am thankful (almost) every day that I didn't talk myself into going to a school where I'd walk out with fifty or a hundred grand worth of indentured servitude. I enjoy the culture here. It is somewhat unique; you'll have to visit to experience it yourself. I spent a lot of time looking at SMU and can honestly say that, for me personally, I never had a good feeling about the culture there. Particularly if you are a minority, nontraditional student, or not from a wealthy/educated background, I would seek out the opinions of the students not giving you tours. You have to be able to spend three, stressful years of your life there, keep that in mind, and then these people become your peers and part of your network when you graduate. Also the faculty at Texas A&M is very good overall, the school hired many highly-regarded scholars in their fields (see, e.g., http://leiterlawschool.typepad.com/leit ... dents.html
), and most will go out of their way to help you if they can.
When it comes down to outcomes, I haven't graduated yet so I can't speak from personal experience, but I spent a LONG time looking at the numbers on lstreports.com. Past results are no guarantee, of course, but those are your best guide to what your odds will look like when you graduate. You will find that about 75% of SMU kids get FT, LT bar-passage-required jobs within 10 months, vs. 60% at TAMU (UH is around 60-65%, Tech is 60-70%, Baylor is 70-80%, UT is 75-80%, etc.). In my mind, those differences are simply not enough to justify an additional 25 grand or more in tuition per year (also important at the margins: SMU increases their tuition some $2,000 every year while A&M guarantees tuition for four years).
If you have your heart set on a large law firm, you more than likely will end up disappointed at A&M. On the other hand, if you have your heart set on a large firm, arguably you need to leave Texas for the East/West coasts or Chicago (I say arguably only for the sake of UT, but even there only a minority of students end up working for large firms). Outside of large firms, there is no reason you can't be just as competitive as anyone for most jobs (particularly if you are a vet, minority, can speak Spanish, or have substantive work experience). Network, demonstrate a sustained interest in an area or two of law, get internships and then do well in them, that's what everyone has to do no matter what school you attend. Go in with realistic expectations, don't think anyone owes you anything just because you went to law school, and limit your downside risk (in the form of mortgage sized loan payments)-- that's my main advice.
At Texas A&M, you will have better opportunities in Fort Worth, but Dallas is certainly an option (live somewhere in the middle if you want to try to intern/work in Dallas). Outside of that (with a possible exception of Bryan/College Station to some extent), you will need to blaze your own trail. I have spoken with alumni who work at several firms, the judiciary, and government agencies, so don't listen to the poster who says there is no alumni network. It is small however. Lawyers who went to Texas A&M as undergrads are also a good resource in some instances (anecdotally, I have met more who have greater affinity toward fellow Aggies than to their law schools).
Looking toward the future, I would venture to say that A&M's job outcomes are going to get better over the next few years. I say this for two main reasons: (1) There is reason to believe that bar passage rates will go up based on increasing 25% LSAT/GPAs of future graduating classes (failure obviously being a major obstacle to getting a bar-passage-required job), and (2) the future graduating classes are almost half the size of the prior classes. That is my unscientific, take-it-for-what-it's-worth $.02. I am a little concerned about competing with the UNT grads coming into the market now but I have no idea how that will ultimately impact A&M and SMU. I also think you can place some stock in the fact that Texas A&M wants to keep building up its institutional empire, it has the funds to do so, and it wanted to have a law school for a long time. It's not likely to just abandon it or let it stagnate.
Hope that helps, I wish you the best in your future education and career.