Pip wrote:mistergoft wrote:Pip wrote:You won the lottery. Goto a low ranking school and you will likely find 80-90% of the graduates are making less than $50,000/year.
The real question that I would have for you is whether you will win the next lottery (partner or asked to leave)... that is where you may find that getting your degree without debt is working against you. Unless you perform way beyond the level of your rivals you could fall victim of the snob effect that often comes into play. Partners aren't given to the associates that perform best, their are also things considered such as the network of future clients you bring. If I have two equal associates, one from a lower level school and one from a top school who do I think will be more likely to bring in clients? I would have to go with the one from a top school because he would be more likely to have the country club connections that will generate clients and revenue.
I'm not saying it is fair, but that is the reality of firms and how they operate. I've also seen associates that were better at their job than another associate passed over because they weren't from the right background... so make the best of where you are but don't be surprised if your decision still comes back to smack you on the head 7 years down the road.
Are you an attorney or even someone who works at a large firm? I am not saying that your vantage is necessarily wrong, but "where you went to school" is a quality that is neither necessary nor sufficient in becoming a rainmaker. Also remember that a lot of third to fifth year associates at big firms have comfortable exit options that don't force them to shove their credentials down potential clients throats. fwiw.
I was an attorney until I realized it was more enjoyable working in a company... but I still stay in contact with law school classmates so know not only from first hand experience but from the experience of classmates how the partnership track works across a wide swath of firms... And for the record I never said being from a particular school was a requirement for being a rainmaker, I simply said that many of the partners in law firms that are going to pick the associates to be partners will care... that THEY will believe there is some added pull from a lawyer from an A level school versus a C or D level school.... and I'm not sure how you define a comfortable exist strategy... but when an associate has toiled long hours for 5 years to become a partner where they will work less and make more there really isn't any exist strategy that can make up for that.
I have to question your knowledge a little bit, because of this. It is simply not true. Partners often work more hours than they did as associates.
Going to a better school will mean that your classmates/connections will more likely lead more successful careers, which should leave you with a stronger network. However, I've heard time and time again that once you graduate, very few places care where you went to school. You either have a sales mentality or you do not. Being around successful people at a country club or at a class reunion will not make up for an inability to sell.