romothesavior wrote:omg wrote:Case in point: I worked at a medium-sized Richmond law firm last summer that has always hired the majority of its attorneys from Richmond and W&L and a little from William & Mary. Since the economy crashed, the firm gets dozens of applications from T6 schools every year, but it's not interested in those students just because they're supposedly "better," as vanwinkle would have it. It's not going to change its hiring model or turn its back on long-built loyalties for a bunch of T6 students for whom Richmond is probably an 8th, 9th, or 10th choice market. This is true even where the T6 students have higher class ranks than the local students.
Maybe true, but you have to consider Richmond's class size vs. the size of the legal market. There are nowhere near enough jobs for that market to absorb even a significant minority of the students there. Hell, I was just reading the other day in the "Richmond Student Taking Qs" thread a post by a Richmond student/grad advising students to go to a better school.
This isn't to say that T3s are always a bad choice. Taking out little debt for a T3 in a market you have ties to and have an interest in staying in can be a decent decision. But you'd better be real aware of how hard things will be for you, and realize right away that the oddsmakers say that you'll be facing low pay or unemployment after three years.
Romo, you definitely have a point here, and it is something that weighs heavily one me. I mentioned I am considering Arkansas-Little Rock with total debt after 3 years of probably 30-40k, 40 being high end. And yes, the school does produce way too many grads for a small market and a number of them will be screwed, just depends on how many. But Romo, there is some ambiguity with the low pay thing. I know the break even figure for a starting salary is the oft cited 65k, but really would 40-50k be that bad in a low cost area with relatively speaking low debt burden? At a school like this you can evaluate your odds after 1L and cut losses if things get bad, and with savings I would not be out a horrible amount of money. Everything is relative so the good job thing is kind of up in the air. However, I am in no way questioning that the bottom of the class in the best cast scenario at least will be in trouble. I am open to any type of employment in the government or in a law firm, or even a JD preferred position. I definitely respect your opinions, as well as others who are currently going through the grind.
Edit: Again if you say the top 40% are the only ones who ever land legal employment I would not debate the figure, it just depends on the risks I am willing to take. I am at about 50/50 go to law school/don't go right now.