Cleareyes wrote: lawgrl09 wrote: Cleareyes wrote:
lawgrl09 wrote:To me "SoL" means "standard of living" so I don't know what you mean.
SoL=Shit Out of Luck.
Thanks for the clarification. I'm not saying don't go to law school and I'm not into the whole "if you can't get into a T10 or T20, don't bother going thing." Law schools are, for the most part, regional and their career networks are strongest in the city closest to them.
I'm saying that regardless of where you go, the market is going to be tough the next few years and it may not be any better for those of us in class of 2012. In a sense, everyone is out of luck until the market improves. So in answer to your question, don't go to a big rank school assuming that a BigLaw job will fall into your lap. Go to law school because you want to learn the law. Not because you want a fantastic lifestyle.
Would you extend this all the way up to HYS or is there some cut off? I have a hard time believing Yale grads are going to have a hard time finding employment. Sure there will be some asked to defer, and a few unlucky folks who pick firms that go out of business between 1L and graduation, but do you really think we're going to see a bunch of Yalies killing each other over the chance to shine shoes at the New Haven Amtrak station?
I can never figure out if HYS (Harvard-Yale-Stanford) should be used in a singular or plural form. So let's just say: HYS is one of those rarities where you can get a job anywhere in the country because it's a national name. You say you went to H, Y, or S... and you're probably set for life.
But firms are being affected across the board and it doesn't matter where you went to school. All that matters is your firm's performance: does it have enough clients, cases, billable hours for everyone, are you pulling your weight, can clients afford to pay, etc. Dechert, Morgan Lewis, Locke Lord Bissell & Liddell, Wolf Block (no longer in existence), Pepper Hamilton, Orrick, Covington & Burling, Wickersham Taft, etc. etc. etc. If one of these firms is suffering and needs to lay off people, you're going to be affected no matter where you went to school. They're not going to say "but he went to HYS and we shouldn't let him go as opposed to the guy who went to a TTT." No, it'll be because of the bottom line. If one of these firms is suffering and needs to cut back its summer programme, you're going to be affected no matter where you went to school. They're not going to say "but he went to a T10 and therefore we should pick him over the guy who went to a T20." They're going to see whether they have the money to pay you for the summer or not.