I posted a dropping out thread around finals last semester. I have a friend who's considering law school, and I told him to check this site out for information. It got me thinking about the position I was in contemplating dropping out, and I appreciated hearing from people who had (and hadn't) and their various reasons. So I thought I'd throw in my 2 cents.
I was slightly above median after first semester 1L, but I had known since about October that law wasn't right for me. I went into it for money and because I didn't know what else to do. I quickly realized, after doing research and talking to practicing lawyers, that my rank at a top 50-60 law school wasn't going to secure me the type of income I had hoped for.
So I took a leap of faith, dropped out, and searched for a job. It took 3 months (this time period was tough on my relationships), but I finally landed a job in e-commerce making 62k - more than the median starting salary at my law school. Yeah, telling people I dropped out sucked sometimes. Mainly because a lot of people still think the legal profession is a sure-fire path to prestige and wealth. But personally, I am so much happier. I realized that law school had put me into a depression, something I'd never experienced up until that point in my life. Now, I'm doing something that interests me, and I don't have crippling debt or a poor work/life balance lingering over me.
For anyone reading this thread with the same thoughts, take some time to seriously contemplate why you're in law school. I had never quit anything in my life. And it made it so hard to come to the decision. But I realized I would be better off learning from a mistake (attending law school) while it was still minor, rather than being stubborn and finishing just to say I did when I knew it wasn't right for me.