Top Law Schools

LawBrah wrote:It gotten to be too much. I feel like Noah before the flood. If these kids want to come to law school, let them. Hopefully Law School Transparency, the new and hopefully improved ABA disclosure mandates, and New York Times coverage will be enough to keep the fish at bay.

For those of you willing to listen, only attend if it's HYS or t14 at FULL scholarship.

Exhibit A: http://www.law.umich.edu/careers/classs ... stats.aspx

Gibson: 10 in '09 to 2 in '11

Kirkland: 15 to 2

Latham: 11 to 3

Skadden: 11 to 0

Non-legal employment for c/o '11: *Actor, dentist's office, independent contractor, pharmacy, restaurant, sheep farmer, chief writer at Univision, startup, e-commerce consulting, Thomson Reuters, nonlaw university faculty position (2)

Unless you are expecting us to go into another recession, which I'm not.

LawBrah wrote:sheep farmer

Fresh Prince wrote:

Unless you are expecting us to go into another recession, which I'm not.

LOL. We have a regular fucking economic expert here. Look around you bro. Dow ain't doing so hot as of late.

Fresh Prince wrote:

Unless you are expecting us to go into another recession, which I'm not.

LOL. We have a regular fucking economic expert here. Look around you bro. Dow ain't doing so hot as of late.

Fresh Prince wrote:

Unless you are expecting us to go into another recession, which I'm not.

LOL. We have a regular fucking economic expert here. Look around you bro. Dow ain't doing so hot as of late.

jrthor10 wrote:When I saw the thread title, a little part of me hoped this was something from MTal. Alas, TLS is not that lucky.

MTBike wrote:This is a flame... don't feed him

Ludovico Technique wrote:

jrthor10 wrote:When I saw the thread title, a little part of me hoped this was something from MTal. Alas, TLS is not that lucky.

Hahaha I thought the same exact thing.

BearsGrl wrote:

Fresh Prince wrote:

Unless you are expecting us to go into another recession, which I'm not.

LOL. We have a regular fucking economic expert here. Look around you bro. Dow ain't doing so hot as of late.

I still earned money in my portfolio. Plus, the Dow is taking into account foreign concerns.

MTBike wrote:This is a flame... don't feed him

ryemanhattan wrote:

MTBike wrote:This is a flame... don't feed him

idiot. Posts like theses are part of a legitimate debate that everyone considering law school should think about.

The majority of students enrolling in law school are making a financial blunder. Some, catastrophically so.

While I think "HYS or T14 on full ride or don't go" is excessively pessimistic, the underlying concerns are no joke.

BearsGrl wrote:

Fresh Prince wrote:

Unless you are expecting us to go into another recession, which I'm not.

LOL. We have a regular fucking economic expert here. Look around you bro. Dow ain't doing so hot as of late.

I still earned money in my portfolio. Plus, the Dow is taking into account foreign concerns.

FryBreadPower wrote:
But you misunderstand why people say Flame. At this point, anyone with half a brain on TLS understands all of the inherent risks -- I would actually go so far as to say that a good proportion of sentiments are trending into pessimistic territory. People say flame either because A. we are beating a dead horse at this point or B. saying going to a school like NYU/Penn/Berkeley/etc etc with $45-90k is a horrendous idea is getting real close to lol territory.

redbullvodka wrote:
1. The EU is not going to break up.
2. The legal economy is much more prepared for a recession of this magnitude this time around -- the majority have not leveraged themselves back to 06-07 levels.
3. The EU is not going to break up.
4. This recession was the first to truly damage prospects at the top because it directly hit financial markets and banks -- the institutions that allow BigLaw firms, in many cases, to extend themselves so much. A run of the mill recession is not going to do to the legal market what '08-nowish has done.

Chill. Things are not booming like they were in the past, but there's little indication that things are teetering on going south either.[

LawBrah wrote:sheep farmer

ryemanhattan wrote:

BearsGrl wrote:

Fresh Prince wrote:

Unless you are expecting us to go into another recession, which I'm not.

LOL. We have a regular fucking economic expert here. Look around you bro. Dow ain't doing so hot as of late.

I still earned money in my portfolio. Plus, the Dow is taking into account foreign concerns.

So... foreign concerns don't have any bearing on the US economy, and therefore job prospects for law grads?

Newsflash: the breakup of the EU, a major war between Israel and Iran, or (obviously) another banking crisis, would all fuck with job prospects for law grads. Any law school risk/reward analysis that doesn't take into account external factors like these is going to lead to poor decision making.

redbullvodka wrote:I don't think what I'm saying is shortsighted at all...whether it's a good thing or not normatively, this economy moves in cycles. There's a better chance that we'll see three years of improvement than 3 years of decay, and I'd even say a better chance than 3 years of stagnation. There's also a solid chance at the end of 3-5 years of growth we see another, albeit less shitty, downturn.

But it's important to note that while retrospective vision is 20/20, there were pretty clear signs that the economy was about to burst in '08. Look at yield curves and the like from that time period, and you'll see a lot of bad news. As a reuslt, economists world wide have been much more vigilant in this post-recession world, and those same pernicious symptoms are simply not there right now.