Duke NOT Priority Track

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theturkeyisfat
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Re: Duke NOT Priority Track

Postby theturkeyisfat » Tue Feb 08, 2011 4:08 pm

r6_philly wrote:
BeachedBrit wrote:He's pretty close IMO. Mid-law will all get outsourced via the internet (could stay on-shore but will go at extremely low cost to people graduating from TTTT's or pseudo-paralegals.) All that will remain are your local criminal attorneys and maybe some local civil and then Biglaw because when you're talking billions of dollars in a M&A deal or Pharma patent what's a few million in legal fee's to have the absolute best.


Right community legal services will not go away. But most small-mid size firms that don't specialize just can't compete with the larger firms. Look at every other sectors, it's always consolidating. Biglaw is not going to go away because it directly caters to the finance and commerce centers. Think Walmart. Big or small, barely any mid.


so does this mean that the legal market will shrink, or that it will just become polarized? and if that means it will shrink, what does that mean in terms of choosing a law school (shoot for biglaw or take $$...) I'd appreciate your insights.


I'm freaking out, man (not really, but I just wanted to say that).

paulinaporizkova
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Re: Duke NOT Priority Track

Postby paulinaporizkova » Tue Feb 08, 2011 4:10 pm

forward wrote:Let's entertain ourselves until they begin RD review, or the apocalypse hits - whichever comes first.

There once was a process at Duke,
called RD admissions, a fluke
I wish I hadn't applied,
A decision not til I've died,
This wait is making me puke.


OMG a limerick!!!! you're the best

duckmoney
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Re: Duke NOT Priority Track

Postby duckmoney » Tue Feb 08, 2011 4:13 pm

Finally an update! Hoorah!

UR 10/12 --> 2/8

r6_philly
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Re: Duke NOT Priority Track

Postby r6_philly » Tue Feb 08, 2011 4:15 pm

theturkeyisfat wrote:
so does this mean that the legal market will shrink, or that it will just become polarized? and if that means it will shrink, what does that mean in terms of choosing a law school (shoot for biglaw or take $$...) I'd appreciate your insights.


I'm freaking out, man (not really, but I just wanted to say that).


Actually I want to make sure you know I don't have any insights, I am just making my own assessment, so don't take what I say as what will happen. My opinion, purely. (and could be quite wrong).

I just think the bimodal salary distribution is going to progress worse (like it has been for the last few years). So you can either work small firm for 40-60k or big firm at 130k+. There is still advancement from small law, but you probably won't be able to crack biglaw if you don't crack it out of school. I think if you go to payscale, and/or gov. data, mean experienced law salary is about 90-100k. I think if you don't make biglaw, you will be looking at that as a career potential (discounting of course the possibility of making it big on your own).

Here is the salary progression from the other thread:

XxSpyKEx wrote:
Here are some charts re: salary data:

Image

Image

Image

Image

Image

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Ratchet Jackson
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Re: Duke NOT Priority Track

Postby Ratchet Jackson » Tue Feb 08, 2011 4:16 pm

theturkeyisfat wrote:
r6_philly wrote:
BeachedBrit wrote:He's pretty close IMO. Mid-law will all get outsourced via the internet (could stay on-shore but will go at extremely low cost to people graduating from TTTT's or pseudo-paralegals.) All that will remain are your local criminal attorneys and maybe some local civil and then Biglaw because when you're talking billions of dollars in a M&A deal or Pharma patent what's a few million in legal fee's to have the absolute best.


Right community legal services will not go away. But most small-mid size firms that don't specialize just can't compete with the larger firms. Look at every other sectors, it's always consolidating. Biglaw is not going to go away because it directly caters to the finance and commerce centers. Think Walmart. Big or small, barely any mid.


so does this mean that the legal market will shrink, or that it will just become polarized? and if that means it will shrink, what does that mean in terms of choosing a law school (shoot for biglaw or take $$...) I'd appreciate your insights.


I'm freaking out, man (not really, but I just wanted to say that).


It may not shrink right away, but when people start to realize that certain schools for the most part are a scam at sticker, I believe fewer people will drop applications to schools, which will hurt MidLaw and below. The sector will be canabalized by BigLaw firms, causing shrinkage to a certain degree. The debt repayment for kids paying sticker at TTT schools is ridiculous right now, kids will opt for other options. $200k debt at a 75-85k a year job is suicide.

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theturkeyisfat
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Re: Duke NOT Priority Track

Postby theturkeyisfat » Tue Feb 08, 2011 4:21 pm

i know this is a digression, but just wondering...

what do you think this will do for people's chances at biglaw jobs from schools in the 19-25 range?

r6_philly
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Re: Duke NOT Priority Track

Postby r6_philly » Tue Feb 08, 2011 4:23 pm

theturkeyisfat wrote:i know this is a digression, but just wondering...

what do you think this will do for people's chances at biglaw jobs from schools in the 19-25 range?


It wasn't good, and it probably will stay about the same. I can see biglaw firms taking the same top of the class students. If they have to expand, they will hire more at the schools they recruit the most - T14.

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Ratchet Jackson
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Re: Duke NOT Priority Track

Postby Ratchet Jackson » Tue Feb 08, 2011 4:26 pm

theturkeyisfat wrote:i know this is a digression, but just wondering...

what do you think this will do for people's chances at biglaw jobs from schools in the 19-25 range?


Put more emphasis on you graduating towards the top. In all honesty, schools in that range, you will be fine regionally. Might be a bit of a push nationally. Just do well at the top for maximum benefit/select a school that does well in a region you want to practice in. Below 19-25, you will start to flirt with the "not what you know but who you know" mantra for biglaw, but your merits will still take you far.

amorfati
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Re: Duke NOT Priority Track

Postby amorfati » Tue Feb 08, 2011 8:14 pm

In via email! :)

artemis178
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Re: Duke NOT Priority Track

Postby artemis178 » Tue Feb 08, 2011 9:55 pm

/
Last edited by artemis178 on Wed Feb 09, 2011 10:30 pm, edited 1 time in total.

duckmoney
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Re: Duke NOT Priority Track

Postby duckmoney » Tue Feb 08, 2011 10:18 pm

In as well by email! Status updated today to UR 2/8, I checked the status checker and it said "Decision made" and when I checked my email I was in.

Submitted early September. Below Median LSAT / above 75% GPA.

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whitman
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Re: Duke NOT Priority Track

Postby whitman » Tue Feb 08, 2011 10:30 pm

Oh man. 11/1 to 2/7

ashleyryan
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Re: Duke NOT Priority Track

Postby ashleyryan » Tue Feb 08, 2011 11:24 pm

OMG IM SO ANXIOUS!#!#EJKTLJWRKLTJKRLJTRELK

Good luck to everyone who is still waiting!

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akili
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Re: Duke NOT Priority Track

Postby akili » Tue Feb 08, 2011 11:36 pm

whitman wrote:Oh man. 11/1 to 2/7


+1

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suspicious android
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Re: Duke NOT Priority Track

Postby suspicious android » Wed Feb 09, 2011 2:23 am

RJ127 wrote:It may not shrink right away, but when people start to realize that certain schools for the most part are a scam at sticker, I believe fewer people will drop applications to schools, which will hurt MidLaw and below. The sector will be canabalized by BigLaw firms, causing shrinkage to a certain degree. The debt repayment for kids paying sticker at TTT schools is ridiculous right now, kids will opt for other options. $200k debt at a 75-85k a year job is suicide.


Lol, you only say that because it makes sense. People have been proclaiming that law school isn't worth it for like 15 years, that the lower ranked schools would have to change their business model, etc. It just hasn't happened, and if the legal hiring meltdown that's been going on for three years hasn't convinced people that $200k for a 2nd tier law school, I don't know what will.

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theturkeyisfat
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Re: Duke NOT Priority Track

Postby theturkeyisfat » Wed Feb 09, 2011 2:25 am

suspicious android wrote:
RJ127 wrote:It may not shrink right away, but when people start to realize that certain schools for the most part are a scam at sticker, I believe fewer people will drop applications to schools, which will hurt MidLaw and below. The sector will be canabalized by BigLaw firms, causing shrinkage to a certain degree. The debt repayment for kids paying sticker at TTT schools is ridiculous right now, kids will opt for other options. $200k debt at a 75-85k a year job is suicide.


Lol, you only say that because it makes sense. People have been proclaiming that law school isn't worth it for like 15 years, that the lower ranked schools would have to change their business model, etc. It just hasn't happened, and if the legal hiring meltdown that's been going on for three years hasn't convinced people that $200k for a 2nd tier law school, I don't know what will.


Well law school applications were apparently down around 12% this year, so people might be waking up to reality.

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wiseguy33
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Re: Duke NOT Priority Track

Postby wiseguy33 » Wed Feb 09, 2011 5:40 am

Still UR 11/8. Anyone else in similar straits?

123kl
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Re: Duke NOT Priority Track

Postby 123kl » Wed Feb 09, 2011 7:52 am

wiseguy33 wrote:Still UR 11/8. Anyone else in similar straits?



+1

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timmna
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Re: Duke NOT Priority Track

Postby timmna » Wed Feb 09, 2011 9:46 am

I have finally progressed!!! UR 2/8.

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forward
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Re: Duke NOT Priority Track

Postby forward » Wed Feb 09, 2011 11:22 am

wiseguy33 wrote:Still UR 11/8. Anyone else in similar straits?


+1

It looks like they're doing it by dates, so we could go today. Let's hope!

Duke, don't break my heart after making me wait this long.

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hipstermafia
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Re: Duke NOT Priority Track

Postby hipstermafia » Wed Feb 09, 2011 11:24 am

10/18 still. ready for the waitlist. just do it doook.

meepmeep123
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Re: Duke NOT Priority Track

Postby meepmeep123 » Wed Feb 09, 2011 11:31 am

forward wrote:
wiseguy33 wrote:Still UR 11/8. Anyone else in similar straits?


+1

It looks like they're doing it by dates, so we could go today. Let's hope!

Duke, don't break my heart after making me wait this long.


+1 11/8

artemis178
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Re: Duke NOT Priority Track

Postby artemis178 » Wed Feb 09, 2011 11:39 am

I submitted 1/11 and got updated on 2/7 so I don't think they are necessarily reviewing apps in order. Sorry for those who are still waiting.

r6_philly
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Re: Duke NOT Priority Track

Postby r6_philly » Wed Feb 09, 2011 11:46 am

hipstermafia wrote:10/18 still. ready for the waitlist. just do it doook.


You are going to get in, soon.

crossingforHYS
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Re: Duke NOT Priority Track

Postby crossingforHYS » Wed Feb 09, 2011 11:51 am

hipstermafia wrote:10/18 still. ready for the waitlist. just do it doook.

10/12 me too...just want the cord to be cut....:(

by the way...do they update through out the day? or just in the morning?




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