Should I drop out and take this job offer

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Drop or stick it out

Drop out and take the job
55
76%
Keep going to chase the dream
1
1%
Take the job and find another PT program
16
22%
 
Total votes: 72

Anonymous User
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Should I drop out and take this job offer

Postby Anonymous User » Mon Jun 25, 2012 6:56 pm

So here is my situation; I am just above median at a Part Time TTTT in Texas. I am a 2L with 100k in debt, so that means 2 more years and another 50-75k in debt. I was just offered a job at a major .com. Salary is 120k, stock options, and other good perks. Downsides are that the position is completely non-legal, and would require a relocation to CA or Atlanta. I really don't want to relocate and I absolutely want to practice law. But, the money is good and the company is awesome.
Last edited by Anonymous User on Mon Jun 25, 2012 7:11 pm, edited 2 times in total.

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sunynp
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Re: Should I drop out and take this job offer

Postby sunynp » Mon Jun 25, 2012 6:57 pm

Anonymous User wrote:So here is my situation; I am just above median at a Part Time TTTT in Texas. I am a 2L with 100k in debt, so that means 2 more years and another 50-75k in debt. I was just offered a job at a major .com. Salary is 120k, stock options, and other good perks. Downsides are that the position is completely non-legal, and would require a relocation to CA or Atlanta. I really don't want to relocate and I absolutely want to practice law. But, the money is good and the company is awesome.


Make a poll.

I think this decision is obvious. Take the job. And thank god you will have a decent chance at repaying your debt.

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glitter178
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Re: Should I drop out and take this job offer

Postby glitter178 » Mon Jun 25, 2012 6:57 pm

Anonymous User wrote:So here is my situation; I am just above median at a Part Time TTTT in Texas. I am a 2L with 100k in debt, so that means 2 more years and another 50-75k in debt. I was just offered a job at a major .com. Salary is 120k, stock options, and other good perks. Downsides are that the position is completely non-legal, and would require a relocation to CA or Atlanta. I really don't want to relocate and I absolutely want to practice law. But, the money is good and the company is awesome.


accept the job and drop out of law school this very instant.

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dowu
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Re: Should I drop out and take this job offer

Postby dowu » Mon Jun 25, 2012 6:58 pm

sunynp wrote:
Anonymous User wrote:So here is my situation; I am just above median at a Part Time TTTT in Texas. I am a 2L with 100k in debt, so that means 2 more years and another 50-75k in debt. I was just offered a job at a major .com. Salary is 120k, stock options, and other good perks. Downsides are that the position is completely non-legal, and would require a relocation to CA or Atlanta. I really don't want to relocate and I absolutely want to practice law. But, the money is good and the company is awesome.


Make a poll.

I think this decision is obvious. Take the job. And thank god you will have a decent chance at repaying your debt.

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Law Sauce
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Re: Should I drop out and take this job offer

Postby Law Sauce » Mon Jun 25, 2012 7:00 pm

If this is serious, then there is no question you should take the job. LS will still be there if you need it. 120k puts you in the very top of earners of graduates from your school anyway.

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prezidentv8
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Re: Should I drop out and take this job offer

Postby prezidentv8 » Mon Jun 25, 2012 7:02 pm

For the love of all that is good, take the job.

Anonymous User
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Re: Should I drop out and take this job offer

Postby Anonymous User » Mon Jun 25, 2012 7:02 pm

Troll. In the off chance that you are not a troll, the company offering you $120K/yr will likely go bankrupt within a year, considering they obviously don't hire competent, logical people.

SchopenhauerFTW
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Re: Should I drop out and take this job offer

Postby SchopenhauerFTW » Mon Jun 25, 2012 7:05 pm

Do it. Make as much money as you can out of this second dot com bubble.

Anonymous User
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Re: Should I drop out and take this job offer

Postby Anonymous User » Mon Jun 25, 2012 7:08 pm

Law Sauce wrote:If this is serious, then there is no question you should take the job. LS will still be there if you need it. 120k puts you in the very top of earners of graduates from your school anyway.


OP here - yes it is serious. I know that on the jump the pay is good, but I feel like the practice of law doesn't put a cap on your earnings. Also, relocation sucks. I have relocated once in the state and it was a pain and a financial burden. I am leaning to accepting if the position is in Atlanta because the cost of living is close to Texas so 120k will actually be a real amount of money. If I went to California (San Jose area) 120k is barely above minimum wage.

I guess I could look at other PT programs in Atlanta and keep at my same pace of working full time and PT Law School. I am sure I would have to sacrifice some hours.

Also, the wife is not excited about relocating in anyway. That would be another round of negotiations in itself.

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piccolittle
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Re: Should I drop out and take this job offer

Postby piccolittle » Mon Jun 25, 2012 7:10 pm

Anonymous User wrote:So here is my situation; I am just above median at a Part Time TTTT in Texas. I am a 2L with 100k in debt, so that means 2 more years and another 50-75k in debt. I was just offered a job at a major .com. Salary is 120k, stock options, and other good perks. Downsides are that the position is completely non-legal, and would require a relocation to CA or Atlanta. I really don't want to relocate and I absolutely want to practice law. But, the money is good and the company is awesome.

Is there a part-time program at a school near this new job? You could always try to have the best of both worlds and finish your law degree upon relocating and getting the fancy new salary.

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monkey85
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Re: Should I drop out and take this job offer

Postby monkey85 » Mon Jun 25, 2012 7:20 pm

Take the job and enjoy life!

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Ludo!
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Re: Should I drop out and take this job offer

Postby Ludo! » Mon Jun 25, 2012 7:22 pm

Yeah my heart really goes out to those poor destitute souls making a measly six figures in San Jose. I hope they can supplement their income with food stamps or something

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dowu
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Re: Should I drop out and take this job offer

Postby dowu » Mon Jun 25, 2012 7:23 pm

Ludovico Technique wrote:Yeah my heart really goes out to those poor destitute souls making a measly six figures in San Jose. I hope they can supplement their income with food stamps or something


LMAO, exactly what I was thinking.

PolySuyGuy
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Re: Should I drop out and take this job offer

Postby PolySuyGuy » Mon Jun 25, 2012 7:27 pm

Anonymous User wrote:So here is my situation; I am just above median at a Part Time TTTT in Texas. I am a 2L with 100k in debt, so that means 2 more years and another 50-75k in debt. I was just offered a job at a major .com. Salary is 120k, stock options, and other good perks. Downsides are that the position is completely non-legal, and would require a relocation to CA or Atlanta. I really don't want to relocate and I absolutely want to practice law. But, the money is good and the company is awesome.



I think you should take the job and transfer schools.

There are plenty of schools in GA and CA that will take you and your money and you can continue to chase your dream.

See if you can get your company to list you as a 1099 and then you can switch to an s-corporation and pay for your school tax free.

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dpk711
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Re: Should I drop out and take this job offer

Postby dpk711 » Mon Jun 25, 2012 7:39 pm

If what you say is true then the choice is easy. With that kind of job, I advise you to never touch a law school again.

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Arbiter213
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Re: Should I drop out and take this job offer

Postby Arbiter213 » Mon Jun 25, 2012 8:12 pm

Anonymous User wrote: If I went to California (San Jose area) 120k is barely above minimum wage.

Trolololol
Last edited by Arbiter213 on Mon Jun 25, 2012 8:16 pm, edited 1 time in total.

Anonymous User
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Re: Should I drop out and take this job offer

Postby Anonymous User » Mon Jun 25, 2012 8:14 pm

Arbiter213 wrote:
Anonymous User wrote:
Law Sauce wrote: If I went to California (San Jose area) 120k is barely above minimum wage.

Trolololol



OP- in all fairness I have never been to California, I have only been told it is crazy expensive, but since it is the companies HQ if I kept with the Law maybe I could lateral to in house in the future.

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Ludo!
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Re: Should I drop out and take this job offer

Postby Ludo! » Mon Jun 25, 2012 8:20 pm

Anonymous User wrote:
Arbiter213 wrote:
Anonymous User wrote:
Law Sauce wrote: If I went to California (San Jose area) 120k is barely above minimum wage.

Trolololol



OP- in all fairness I have never been to California, I have only been told it is crazy expensive, but since it is the companies HQ if I kept with the Law maybe I could lateral to in house in the future.


It is more expensive than Texas but 120K is still way way more than you could possibly hope to earn coming out of a TTTT unless you are one of a select lucky few. What kind of job do you think you would get from that law school?
Last edited by Ludo! on Mon Jun 25, 2012 8:21 pm, edited 1 time in total.

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sunynp
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Re: Should I drop out and take this job offer

Postby sunynp » Mon Jun 25, 2012 8:21 pm

Anonymous User wrote:
Law Sauce wrote:If this is serious, then there is no question you should take the job. LS will still be there if you need it. 120k puts you in the very top of earners of graduates from your school anyway.


OP here - yes it is serious. I know that on the jump the pay is good, but I feel like the practice of law doesn't put a cap on your earnings. Also, relocation sucks. I have relocated once in the state and it was a pain and a financial burden. I am leaning to accepting if the position is in Atlanta because the cost of living is close to Texas so 120k will actually be a real amount of money. If I went to California (San Jose area) 120k is barely above minimum wage.

I guess I could look at other PT programs in Atlanta and keep at my same pace of working full time and PT Law School. I am sure I would have to sacrifice some hours.

Also, the wife is not excited about relocating in anyway. That would be another round of negotiations in itself.


I want to put this as clearly as possible. You are unlikely to practice law at all. You are below median at a very low ranked school. If you think you will make more than $120,000 after a few more years of school plus taking the bar, you are mistaken. Below median at top schools have problems getting biglaw jobs (or jobs that pay $120,000 or more) how much do you think you will make when you graduate?

This job is the best chance you have at repaying your debt. According to the student loan calculator
you will already be paying $1150.80 a month for 10 years.

Make sure your wife knows what debt level you will be facing if you continue. Make sure she knows the reality that you will not get a job.

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romothesavior
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Re: Should I drop out and take this job offer

Postby romothesavior » Mon Jun 25, 2012 8:26 pm

sunynp wrote:
Anonymous User wrote:
Law Sauce wrote:If this is serious, then there is no question you should take the job. LS will still be there if you need it. 120k puts you in the very top of earners of graduates from your school anyway.


OP here - yes it is serious. I know that on the jump the pay is good, but I feel like the practice of law doesn't put a cap on your earnings. Also, relocation sucks. I have relocated once in the state and it was a pain and a financial burden. I am leaning to accepting if the position is in Atlanta because the cost of living is close to Texas so 120k will actually be a real amount of money. If I went to California (San Jose area) 120k is barely above minimum wage.

I guess I could look at other PT programs in Atlanta and keep at my same pace of working full time and PT Law School. I am sure I would have to sacrifice some hours.

Also, the wife is not excited about relocating in anyway. That would be another round of negotiations in itself.


I want to put this as clearly as possible. You are unlikely to practice law at all. You are below median at a very low ranked school. If you think you will make more than $120,000 after a few more years of school plus taking the bar, you are mistaken. Below median at top schools have problems getting biglaw jobs (or jobs that pay $120,000 or more) how much do you think you will make when you graduate?

+1000

Your odds of being compensated this well in law with sub-par grades at a shitty school are slim. You may never even practice law at all. You are very, very lucky to be in this situation. Don't let this pass you by or you and your family will likely regret it forever. This isn't an exaggeration in the slightest.

UCLAtransfer
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Re: Should I drop out and take this job offer

Postby UCLAtransfer » Mon Jun 25, 2012 9:15 pm

You made a ridiculously terrible decision going to a TTTT and going into a shitload of debt to do it. The chances of you ever crawling out from under your crippling debt if you complete your law degree are less than miniscule, and you will be under a cloud of $1000+ monthly student loan payments for most of the rest of your life in all likelihood.

Coming from a TTTT with your below-median grades, the absolute best you are going to do job-wise as an attorney is hustle long and hard for some crappy job working with a solo practitioner ambulance chaser to make barely enough to cover your cost of living, and you'll likely never even really have a shot at paying down those loans.

This job offer (if real, which I'm still skeptical about this being a troll), is as close to winning the lottery as you will ever get. It basically give you a second chance at life to get away from the terrible choices you made in taking on this much debt for such a shitty law degree that will ultimately get you nowhere career-wise. If you turn this job down, I believe you will regret it for the rest of your life, because chances to hit the "reset" button after making a bad decision in life like this just don't come along that often.

I wish I could somehow convey how bad of an idea it would be to turn this job down to continue to go to law school.

ookoshi
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Re: Should I drop out and take this job offer

Postby ookoshi » Mon Jun 25, 2012 9:26 pm

Take the job, move to Atlanta, finish your law degree if you want by going to night school at Georgia State (T2, reasonably respected as long as you stay in Georgia), or, if you can't get into GSU, John Marshall Atlanta offers the only other part time night program in the Atlanta area (you're probably better off not finishing your law degree if that's the case). Either way, at $120k /yr, you could finish your law degree without taking on any more debt, and possibly get a head start on paying it off.

Of course, even graduating from Georgia State, unless you graduate at the top few % of your class, you're still going to make much more working for the dot com, and if you're just above median at a TTT school, I wouldn't count on finishing that strong at GSU. But even if you graduate just above median at GSU, if you want to take a massive pay cut in order to chase your dream, you can always choose to do that.

Anonymous User
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Re: Should I drop out and take this job offer

Postby Anonymous User » Mon Jun 25, 2012 9:34 pm

OP - I understand the responses slamming my current situation, but it isn't that bad. My current position pays well, not nearly 120k but decent for the city. Also right now my wife isn't working. Upon graduating law school she is going back to work so that will be another 50k that we have agreed will go directly to student loans. So even with 100-150k of debt we should have it paid off in about 4-5 years with the budget we laid out.

Although my job prospects based on GPA are less than ideal (well crappy really), I have strong ties in the market and I have a networked offers at a few mid law firms and a long shot at a big law position. I feel very confident based on my feedback from interviews, resume, and the in house internship I did this summer that I will land on my feet in the legal job search. Where I am really struggling is that I don't see the trajectory of this current position going much higher than this. Basically, I would be regulated to 120k at 3-5% standard industry raises until I move somewhere else.

Also, I am a little gun shy from my last relo that did not work out in my favor. I was promised the world and they did not deliver. I nor my family want to go through it again so if I make this decision I really want to be 100% sure it is right for me.

I really appreciate everyones opinions btw.

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romothesavior
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Re: Should I drop out and take this job offer

Postby romothesavior » Mon Jun 25, 2012 9:41 pm

So maybe there are some personal issues going on, and you'll have to weigh that yourself. But objectively, this is a complete slam dunk.

I'd show this to your wife if she has any doubts. We're all law students here, most of us with better grades at better schools, and I imagine a lot of us would drop out in a hot second for a job like that. This is a good sounding board for advice. I agree with the above poster; you made a horrible decision to take on debt to go to a TTTT in the first place, and this is you "get out of jail free" card. I really think you should take it.

anonymcoffee
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Re: Should I drop out and take this job offer

Postby anonymcoffee » Mon Jun 25, 2012 10:12 pm

yes. that's it - it's that simple. No matter what your situation, reasoning, grades, school, etc., you should drop out for a job that pays that much. You don't know what will happen in two or three years or even ten years, but you will always have the debt. Make the smart decision. I would trade my last two years in law school for even a job that pays half of that, let alone 120k.
Goodluck - be smart, you don't realize it, but you're blessed.




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