UVA Law Students Taking Questions

A forum for applicants and admitted students to ask law students and graduates about law school and the practice of law.
thethe
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Re: UVA Law Students Taking Questions

Postby thethe » Sun Mar 24, 2013 1:10 pm

5ky wrote:
thesealocust wrote:
thethe wrote:Off topic but what are you guys doing for taxes with finals coming up? Is a form 4468 all we need to postpone? I'm surprised so many students aren't thinking about this as C plus F will be all on our taxes leading up to the bar, no?


(1) I've never heard of C&F looking at your taxes

(2) Maybe you're in a unique/complex situation, but I probably wasted more time on TLS per day than it took to do my taxes while I was in law school?


i just used turbotax every year

my friend had me kind of paranoid in saying they examine this stuff.

i was self employed, freelancing mostly with lots of income coming in but lots of business related expenses - say getting paid 1000 multiple times a week but normally having to spend 600 of that on supplies, transportation, etc. It will take a while to do, just want to postpone it till after exams.

albanach
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Re: UVA Law Students Taking Questions

Postby albanach » Sun Mar 24, 2013 6:16 pm

thethe wrote:i was self employed, freelancing mostly with lots of income coming in but lots of business related expenses - say getting paid 1000 multiple times a week but normally having to spend 600 of that on supplies, transportation, etc. It will take a while to do, just want to postpone it till after exams.


Don't you still have to pay up front even if you file an extension? I'm presuming you expect to owe taxes if you've been self employed, though you may have already covered that with estimated payments.

It might be easier to get an accountant. If you're going to owe money, some of the accountant cost might be saved by avoiding fees for paying late.

thethe
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Re: UVA Law Students Taking Questions

Postby thethe » Sun Mar 24, 2013 6:29 pm

albanach wrote:
thethe wrote:i was self employed, freelancing mostly with lots of income coming in but lots of business related expenses - say getting paid 1000 multiple times a week but normally having to spend 600 of that on supplies, transportation, etc. It will take a while to do, just want to postpone it till after exams.


Don't you still have to pay up front even if you file an extension? I'm presuming you expect to owe taxes if you've been self employed, though you may have already covered that with estimated payments.

It might be easier to get an accountant. If you're going to owe money, some of the accountant cost might be saved by avoiding fees for paying late.

yeah ill justy do it a few days won't impact my grades too much.

what r odds of getting audited - 1%? ill just do the best i can in a reasonable amount of time.

Arthur the Aardvark
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Re: UVA Law Students Taking Questions

Postby Arthur the Aardvark » Sun Mar 24, 2013 7:00 pm

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thethe
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Re: UVA Law Students Taking Questions

Postby thethe » Sun Mar 24, 2013 7:06 pm

Arthur the Aardvark wrote:If you are at the median when OCI starts, do you have a great chance of getting big law position?

depends on region. for nyc or dc i'd think it's iffy.

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thesealocust
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Re: UVA Law Students Taking Questions

Postby thesealocust » Sun Mar 24, 2013 7:37 pm

Arthur the Aardvark wrote:If you are at the median when OCI starts, do you have a great chance of getting big law position?


No.

albanach
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Re: UVA Law Students Taking Questions

Postby albanach » Sun Mar 24, 2013 10:03 pm

thethe wrote:what r odds of getting audited - 1%? ill just do the best i can in a reasonable amount of time.


I get the impression it's pretty small. It'll go up if you're self-employed, and I've heard some deductions will push it up higher still.

That said, I've filed almost a decade worth of self-employed returns, including taking a home-office deduction, and haven't yet been audited.

Arthur the Aardvark
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Re: UVA Law Students Taking Questions

Postby Arthur the Aardvark » Sun Mar 24, 2013 10:32 pm

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5ky
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Re: UVA Law Students Taking Questions

Postby 5ky » Sun Mar 24, 2013 10:36 pm

Arthur the Aardvark wrote:
thesealocust wrote:
Arthur the Aardvark wrote:If you are at the median when OCI starts, do you have a great chance of getting big law position?


No.

Greater than 50% chance?


No, but maybe right around 50%

Arthur the Aardvark
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Re: UVA Law Students Taking Questions

Postby Arthur the Aardvark » Sun Mar 24, 2013 10:55 pm

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005618502
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Re: UVA Law Students Taking Questions

Postby 005618502 » Sun Mar 24, 2013 11:50 pm

5ky wrote:
Arthur the Aardvark wrote:
thesealocust wrote:
Arthur the Aardvark wrote:If you are at the median when OCI starts, do you have a great chance of getting big law position?


No.

Greater than 50% chance?


No, but maybe right around 50%


This isn't the same for everyone though. It has a lot to do with you. How personable you are, how well you interview, how willing you are to hustle. At median I think those are big parts of it at least from what I have seen/heard

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5ky
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Re: UVA Law Students Taking Questions

Postby 5ky » Mon Mar 25, 2013 12:01 am

AssumptionRequired wrote:This isn't the same for everyone though. It has a lot to do with you. How personable you are, how well you interview, how willing you are to hustle. At median I think those are big parts of it at least from what I have seen/heard


Yeah, but on the whole my guess is that averages out to about 50% as a collective group

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Law Sauce
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Re: UVA Law Students Taking Questions

Postby Law Sauce » Mon Mar 25, 2013 10:45 am

5ky wrote:
AssumptionRequired wrote:This isn't the same for everyone though. It has a lot to do with you. How personable you are, how well you interview, how willing you are to hustle. At median I think those are big parts of it at least from what I have seen/heard


Yeah, but on the whole my guess is that averages out to about 50% as a collective group


From the class of 2014's perspective, it was almost certainly little higher than that (I dont have numbers to cite, just an informed guess)

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Yardbird
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Re: UVA Law Students Taking Questions

Postby Yardbird » Mon Mar 25, 2013 3:20 pm

Is there a specific program used for exams that requires a pc, or is a macbook just as good?

mh013
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Re: UVA Law Students Taking Questions

Postby mh013 » Mon Mar 25, 2013 3:35 pm

Does anyone have experience with getting a judicial externship for 1L summer?
Is it common to apply for these externships all over the country or mainly just the south?

noobishned
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Re: UVA Law Students Taking Questions

Postby noobishned » Mon Mar 25, 2013 3:45 pm

shadowofjazz wrote:Is there a specific program used for exams that requires a pc, or is a macbook just as good?


Someone in my section of the student panel at ASW asked the same question and the response was that it didn't matter. They also said the majority of kids bring macbooks, FWIW.

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Tim0thy222
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Re: UVA Law Students Taking Questions

Postby Tim0thy222 » Mon Mar 25, 2013 3:49 pm

noobishned wrote:
shadowofjazz wrote:Is there a specific program used for exams that requires a pc, or is a macbook just as good?


Someone in my section of the student panel at ASW asked the same question and the response was that it didn't matter. They also said the majority of kids bring macbooks, FWIW.


Yeah, just looking around the study areas when I was at ASD I saw more macs than PCs.

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Yardbird
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Re: UVA Law Students Taking Questions

Postby Yardbird » Mon Mar 25, 2013 3:54 pm

Tim0thy222 wrote:
noobishned wrote:
shadowofjazz wrote:Is there a specific program used for exams that requires a pc, or is a macbook just as good?


Someone in my section of the student panel at ASW asked the same question and the response was that it didn't matter. They also said the majority of kids bring macbooks, FWIW.


Yeah, just looking around the study areas when I was at ASD I saw more macs than PCs.
Just wanted to make sure they weren't bootcamping or using parallels or something for exams

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bgdddymtty
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Re: UVA Law Students Taking Questions

Postby bgdddymtty » Mon Mar 25, 2013 3:57 pm

shadowofjazz wrote:
Tim0thy222 wrote:
noobishned wrote:
shadowofjazz wrote:Is there a specific program used for exams that requires a pc, or is a macbook just as good?


Someone in my section of the student panel at ASW asked the same question and the response was that it didn't matter. They also said the majority of kids bring macbooks, FWIW.


Yeah, just looking around the study areas when I was at ASD I saw more macs than PCs.
Just wanted to make sure they weren't bootcamping or using parallels or something for exams

I don't know what any of that means, but all you do is upload a Word doc to a website. Any laptop will do.

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digifly
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Re: UVA Law Students Taking Questions

Postby digifly » Mon Mar 25, 2013 4:08 pm

shadowofjazz wrote:
Tim0thy222 wrote:
noobishned wrote:
shadowofjazz wrote:Is there a specific program used for exams that requires a pc, or is a macbook just as good?


Someone in my section of the student panel at ASW asked the same question and the response was that it didn't matter. They also said the majority of kids bring macbooks, FWIW.


Yeah, just looking around the study areas when I was at ASD I saw more macs than PCs.
Just wanted to make sure they weren't bootcamping or using parallels or something for exams


I doubt they'd all go through the trouble. No need to add MORE stress to law school! Haha (btw, I'm bringing a MacBook)

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5ky
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Re: UVA Law Students Taking Questions

Postby 5ky » Mon Mar 25, 2013 4:49 pm

digifly wrote:I doubt they'd all go through the trouble. No need to add MORE stress to law school! Haha (btw, I'm bringing a MacBook)


For a lot of schools, that's exactly what people do. Running bootcamp or vmfusion is really easy, I did it for 2 years to run OneNote, though I abandoned that.

But yeah, at UVA there's no exam software, so you can run OSX or whatever during exams.

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Yardbird
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Re: UVA Law Students Taking Questions

Postby Yardbird » Mon Mar 25, 2013 5:23 pm

5ky wrote:
digifly wrote:I doubt they'd all go through the trouble. No need to add MORE stress to law school! Haha (btw, I'm bringing a MacBook)


For a lot of schools, that's exactly what people do. Running bootcamp or vmfusion is really easy, I did it for 2 years to run OneNote, though I abandoned that.

But yeah, at UVA there's no exam software, so you can run OSX or whatever during exams.
Thanks! I'm on a PC now but I'm contemplating getting a MacBook Air or the smallest MBP for portability/weight reasons. Nice to know I could use either on exams.

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mindarmed
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Re: UVA Law Students Taking Questions

Postby mindarmed » Tue Mar 26, 2013 12:09 am

Is anyone ITT pursuing the Law and Business concentration? The idea of keepingg quantitative skills fresh while in law school is very attractive + I have an interest in finance/econ. How easy is it to take electives in Darden?

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North
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Re: UVA Law Students Taking Questions

Postby North » Tue Mar 26, 2013 12:17 am

armedwithamind wrote:Is anyone ITT pursuing the Law and Business concentration? The idea of keepingg quantitative skills fresh while in law school is very attractive + I have an interest in finance/econ. How easy is it to take electives in Darden?

Thinking about doing this too, but because I have zero business experience. You guys have any opinions or experiences?

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danitt
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Re: UVA Law Students Taking Questions

Postby danitt » Tue Mar 26, 2013 12:35 am

North wrote:
armedwithamind wrote:Is anyone ITT pursuing the Law and Business concentration? The idea of keepingg quantitative skills fresh while in law school is very attractive + I have an interest in finance/econ. How easy is it to take electives in Darden?

Thinking about doing this too, but because I have zero business experience. You guys have any opinions or experiences?

I was just discussing this with my BFF tonight. It looks interesting but I only have a couple international trade courses and nothing else even remotely approaching business under my belt so I'm worried that it might be all too much.




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