Okay. Back on track. I wouldn't worry about any consequences coming from Baylor reading your posts. Several problems with the rest of this.
First, you seem to be acknowledging and then completely ignoring people who tell you not to attend a law school intending to transfer. It makes no difference which law school you're going to, or which ones you plan to attempt to transfer to. I understand that SMU and GWU may have told you they'd take you as a transfer. Of course they would. They'll take transfers from most schools, assuming you're in the very top of the class at Baylor. This assumption (that you'll be in the top of the class at Baylor), is the single and sole reason why attending a law school and planning to transfer is a terrible, terrible idea. It will not work out. You will not be that person. And then you'll be stuck at Baylor.
Second, even if you have the grades to transfer (which you won't), you will only have two quarters, not semesters, under your belt as of July 26th. You'll have to check me on this one, but I seriously doubt that will be enough hours. Baylor is on the quarter system, where three quarters roughly equates to 2 semesters. Almost every law school in the country requires its income transfer students to have completed an entire year (2 semesters, or 3 quarters) before matriculating at their school.
Third, my problem with your assumption that you'll be able to transfer is the same problem I have with you assuming you'll be able to leverage some sort of additional scholarship money from Baylor if you decided to stay. I'll ask my wife about this, as I'm no expert, but I've never heard of anyone getting additional money from Baylor by threatening to transfer.
Overall, the poster above got it right. You're stuck with your law school (and the debt and job prospects) unless you're within the tiniest group of students who are either smart enough to transfer out or smart enough to drop out. I've never heard of a student who started in the spring and transferred out to SMU or UH. And even if you did, I'm pretty sure being that high in the class (even at Baylor) would make that a lateral move, at best.