crackberry wrote:
Also talibkweli, stop predicting doom and gloom this cycle due solely to finance and consulting nerds who suddenly decide they want to be lawyers. I have plenty of friends who went to HYPS who worked at Goldman, Morgan Stanley, Lehman Bros, BCG, McKinsey, Bain, etc. who are fucking dumb as rocks and would never get 170+ on the LSAT. For whatever reason you think kids at those firms are total rockstar geniuses. Many of them aren't. Period.
1. Predicting "doom and gloom" =/= predicting that the market dislocation will make the cycle more competitive.
2. I concede that, having worked at one of the first three banks that you mentioned, my opinion is probably a little biased. However, I know plenty of kids with high lsats and lots of rockstar type kids outside of law, and it seems to me that they've all got in common a set of impressive analytical skills. It seems reasonable to assume that many analysts/consultants, particularly at the elite shops, could do quite well on the lsats.
Oh, and if you could find me a McKinsey kid that could objectively be called "dumb as rocks," I would actually give you my life savings.
Ultimately, my point is that the problems outside of law in sectors that have traditionally attracted talented kids will have a material, tangible effect on the cycle. I don't understand why you guys seem to think that that is such an extreme assertion.