Law school (2nd tier w/scholly $$) or Goldman?

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expatHK
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Law school (2nd tier w/scholly $$) or Goldman?

Postby expatHK » Tue Jun 28, 2011 12:38 am

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Last edited by expatHK on Thu May 17, 2012 3:13 pm, edited 1 time in total.

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fanmingrui
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby fanmingrui » Tue Jun 28, 2011 12:48 am

If you value gainful employment, Goldman without a doubt.

dissonance1848
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby dissonance1848 » Tue Jun 28, 2011 12:50 am

WTF? I would have killed to have the chance to work for Goldman Sach, literally. Go get that son!!

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rayiner
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby rayiner » Tue Jun 28, 2011 12:55 am

What kind of job at GS?

APimpNamedSlickback
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Postby APimpNamedSlickback » Tue Jun 28, 2011 1:06 am

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Last edited by APimpNamedSlickback on Mon Aug 22, 2011 11:52 am, edited 1 time in total.

expatHK
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby expatHK » Tue Jun 28, 2011 1:11 am

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Last edited by expatHK on Thu May 17, 2012 3:14 pm, edited 1 time in total.

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JoeFish
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby JoeFish » Tue Jun 28, 2011 1:15 am

expatHK wrote:Youre absolutely right. Most of their jobs arent that glamourous - including this one. The pay is decent though :wink:

Wow. Yes, work at GS. One of a few things can happen:

a) you decide to stay in the company and have a good life.
b) your work experience and another year prepping for the LSAT pushes you up into T50 or T25, and you'll have some money saved to help offset expenses.
c) after a year, you decide you really want to do LS even if you go to a tier 2, in which case you're still better off financially than you are now.

Can't imagine postponing one year is seriously going to hinder you, especially if you're working and making money. Even if you are in your late 20s right now.

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Verity
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby Verity » Tue Jun 28, 2011 1:25 am

Why do you even want to go to law school?

Take Goldman as long as you can hold onto it, and consider an MBA. They might even help pay for it.

LSATPREPPER
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby LSATPREPPER » Tue Jun 28, 2011 3:13 am

GOLDMAN SACHS.

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KingRajesh
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby KingRajesh » Tue Jun 28, 2011 9:16 am

Goldman Sachs Is Firing Employees In The US So It Can Hire 1,000 In Singapore

Read more: http://www.businessinsider.com/goldman- ... z1QZmnO9MF

Better to get Latham'd from Latham than from Goldman?

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CurbYourEnthusiasm
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby CurbYourEnthusiasm » Tue Jun 28, 2011 9:17 am

OP, would it be possible to go to law school part-time with your day job? That is something you should consider. GS obviously pays pretty well, so the costs could off set some of tuition, housing, food. I know TCR is 'take the job,' but many 0L on here tend to be misinformed about being in a job you absolutely hate, especially if your ultimate goal is to be a lawyer. I have a friend who works at GS, and all he does is complain about the hours/work/people he's around. The turnover ratio there is pretty high from people burning out, not liking the environment, etc. You said yourself you don't want to be in finance the rest of your life. The better question is, how much longer can you tolerate it? If it was me, I would ride out GS for a couple years, and pocket as much money as I can for law school.

I would also consider retaking. If you got $$ from T2, any bump in an LSAT score could net you some T1 money. Also, you applied very late in the cycle and paid for it (this is something I did by taking the Feb LSAT, so I was essentially forced to take another year off).

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TTH
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby TTH » Tue Jun 28, 2011 9:46 am

KingRajesh wrote:Goldman Sachs Is Firing Employees In The US So It Can Hire 1,000 In Singapore

Read more: http://www.businessinsider.com/goldman- ... z1QZmnO9MF

Better to get Latham'd from Latham than from Goldman?


Yes, because if you're going to get Lathamed, you absolutely want three years of law school debt.

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crossarmant
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby crossarmant » Tue Jun 28, 2011 10:03 am

Goldman Sachs, hands down. Chances are if you hustle there for 3 years, you'll do much better than hustling at law school. Anyways, unless you've worked in the legal field, this may really just be a case of "the grass is greener in other pastures." Corporate law is going to be as boring to you as wealth management. Honestly man, stick with GS. ITE how many people would kill to have a position like that? Turning down that offer for a T2 would be one of the most ludicrous moves I've heard of.

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Ersatz Haderach
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby Ersatz Haderach » Tue Jun 28, 2011 10:19 am

Goldman. You'll meet potential clients if you want to work in a firm. This will make getting a job later a joke if you go to a decent school and do decently. You might even be able to 'cruise' a little. Is this strictly a one-year commitment? I'd stay for a few if possible.

flexityflex86
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby flexityflex86 » Tue Jun 28, 2011 10:23 am

I agree with what everyone says. If you had a higher LSAT, and were at least a splitter, it might be different. I actually would argue that as a URM you are in a better position than most to pass on Goldman as you have a secret weapon card. Going to a top 14 or top 10 could be argued to be a better options than Goldman as if you do above median, your long term worth is much more than just working at Goldman where there's a decent shot you'll never crack a 100k. Additionally, you clearly want to be a lawyer as if not you wouldn't even ask it, having just caught your big break in another field. If you have a score in the 150s, law schools only worth it if you truly have a go getting personality, and no other alternatives.

Kobe_Teeth
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby Kobe_Teeth » Tue Jun 28, 2011 10:29 am

A person considering a T2 LS over Goldman Sachs? - Flame?

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Patriot1208
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby Patriot1208 » Tue Jun 28, 2011 10:41 am

It's pretty clear that you are going to make far more money continuing on your current path than leaving for the type of law school you are looking at. Certainly, if you hate finance, TCR is to try to get into a top MBA program known for something you are more interested in. Would you rather do marketing? Try to go to Stern. You want to do consulting instead? Well, you have some leeway with a few top schools. You are a little late to the ball game for a lot of MBA programs but you still should be young enough to get into a good program that can help you make a switch if you have good recommendations, gmat, and have been succesful.

If this isn't flame (I expect it is) than try and make a switch through an MBA program, or you may even be able to make one without. But going to a bad law school is definitely not the answer.

flexityflex86
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby flexityflex86 » Tue Jun 28, 2011 11:33 am

Do you know he got a Goldman offer? He never said he did. He just siad LS or Goldman. I think he might mean getting an MBA then applying for Goldman.

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Patriot1208
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby Patriot1208 » Tue Jun 28, 2011 11:49 am

flexityflex86 wrote:Do you know he got a Goldman offer? He never said he did. He just siad LS or Goldman. I think he might mean getting an MBA then applying for Goldman.


He implies he is already working there:


expatHK wrote:
rayiner wrote:What kind of job at GS?

Private Wealth Management - Analyst 3

Its not the job Im concerned about, its whether Im better off going to LS now or postponing another year, or even yet, not going to LS at all? I know the hours and people at GS are similar to those at BigLaw, but I hate the idea of working in finance for the rest of my life.


APimpNamedSlickback wrote:
rayiner wrote:What kind of job at GS?

i really cant believe that this was not the first response. goldman sachs is a huge corporation, but for some reason people seem think only of the small percentage of folks that work in front office positions.


Youre absolutely right. Most of their jobs arent that glamourous - including this one. The pay is decent though :wink:

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Helmholtz
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby Helmholtz » Tue Jun 28, 2011 11:52 am

Verity wrote:Take Goldman as long as you can hold onto it, and consider an MBA. They might even help pay for it.


The people I know who worked at GS pre-LS told me that GS wanted them to get JDs instead of MBAs. Not sure if that's a company-wide thing, but that comes from multiple sources (and they're summering at GS for 1L summer).

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crossarmant
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby crossarmant » Tue Jun 28, 2011 12:12 pm

Helmholtz wrote:
Verity wrote:Take Goldman as long as you can hold onto it, and consider an MBA. They might even help pay for it.


The people I know who worked at GS pre-LS told me that GS wanted them to get JDs instead of MBAs. Not sure if that's a company-wide thing, but that comes from multiple sources (and they're summering at GS for 1L summer).


Well, when most of your work is borderline illegal you want people with a legal background doing the work, eh? :lol:

23402385985
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby 23402385985 » Tue Jun 28, 2011 12:37 pm

Helmholtz wrote:
Verity wrote:Take Goldman as long as you can hold onto it, and consider an MBA. They might even help pay for it.


The people I know who worked at GS pre-LS told me that GS wanted them to get JDs instead of MBAs. Not sure if that's a company-wide thing, but that comes from multiple sources (and they're summering at GS for 1L summer).


I know a lot of insurance companies are now looking for people with JDs over MBAs as well. If I strike out at a firm, I have a job lined up with my father, likely, at his insurance company.

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Patriot1208
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby Patriot1208 » Tue Jun 28, 2011 1:22 pm

Helmholtz wrote:
Verity wrote:Take Goldman as long as you can hold onto it, and consider an MBA. They might even help pay for it.


The people I know who worked at GS pre-LS told me that GS wanted them to get JDs instead of MBAs. Not sure if that's a company-wide thing, but that comes from multiple sources (and they're summering at GS for 1L summer).

This, without a doubt, depends on what they are doing at GS.

expatHK
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby expatHK » Tue Jun 28, 2011 11:57 pm

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Last edited by expatHK on Thu May 17, 2012 3:14 pm, edited 1 time in total.

sparty99
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Re: Law school (2nd tier w/scholly $$) or Goldman?

Postby sparty99 » Wed Jun 29, 2011 12:29 am

I would consider a PT legal program or re-taking the LSAT. Goldman has an excellent reputation and it's name alone will open doors, whether it is in consulting, law, or financial services. However, you need to be strategic. Big law is hard to get from a tier 2 and only top 30% get it at highly ranked programs. If you don't want Big Law, then you really have to assess whether or not $150-$200 in debt is worth it at the age of 32. Even 200k out of NYU is a hard pilll to swallow. You did mention a tier 2 scholarship. If this scholarship requires a gpa/class rank to maintain, I would think long and hard about attending that program.

If you went to a PT program you could try to join Goldman's legal division as a lateral transfer. This is less risk on you in terms of debt and job security. However, if you retake the LSAT and score a 165-175 you are looking at a full-ride, possibly.




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