Anonymous User wrote:It's interesting that the ones who are most positive about the OP's situation seem to be first years who didn't go through this year's OCI. A lot of really qualified people won't get jobs this year. Platitudes about "being happy at your school" and just waiting for the economy to sort itself out show a denial of reality and are useless to the OP. What the economy is like in 2011 is irrelevant. We 2Ls are getting our jobs now, in this economy.
OP: Staying in school is a gamble. You may end up with a law degree and no job, and I doubt that a firm (or anyone) will hire you in 2011 if you don't have a law-related job in 2010. Not getting an offer means that your road just got a lot harder. But there are other options; people have already pointed out secondary markets, public interest, and government jobs. Personally, I'm pretty stubborn and have decided that I put too much effort into 1L to leave law school without exhausting all options. But I could also end up with a useless degree and a mountain of debt. Both possibilities suck; you've just got to pick the one you can more easily live with.
Mods: anon for reasons I'm happy to explain in a pm.
OP is only cooked if biglaw was his end all and be all. Outside the T14, it is not at all unusual for people to find their first jobs in the nine months post graduation. Is that a scary proposition? Yeah. It's of limited relevance to this OP, perhaps, but I had a conversation with the head of career services at another school to which I was admitted. She explained that many of these other firms and organizaions could not afford to hire years ahead, and indeed did not take on new graduates until they were ready and able to start working.
I'm a 1L, so I lack the direct experience, but I've done as much research as is humanly possible.
Ordinarily this kind of fate would not befall a Columbia student, but, as you've pointed out, we are not living in ordinary times. The OP might literally have to wait until the economy looks a bit better (hopefully by 2011 when he graduates) to find any job at all, and if so, it won't be the kind of firm work he is expecting.
Is that pessimistic enough for you?
I still don't think this constitutes a valid reason to drop out, unless he truly does not want to be a lawyer.