H v Chi v Penn v Vandy PI Forum

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abl

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Re: H v Chi v Penn v Vandy PI

Post by abl » Thu Mar 24, 2016 4:56 pm

fliptrip wrote:^^Yes, at Stanford, the asset allowance is $130,000. They count any amount beyond that as income.

There are some minutiae that make the YLS program better, but the biggest reason is that you can work any job, legal or not, public interest, or not, and participate. If you want to take your YLS JD and go start a record company, COAP will help you out while you recruit your artists. That's pretty cool.

Yale is tricky, tricky, though. They calculate their assistance on a 15-year am for the first five years and a 5-year am for the final five, clearly creating the incentive to stay in the program, as you'll end up debt free at the end. But, the consequences of leaving early are worse at Yale than at Harvard or Stanford.

Pterodactyls' point about SLS is an excellent one, but SLS is more restrictive on your types of employment. You have to be doing law-related work at a government agency, a 501(c)3/4, or at a private firm that does 50% pro bono work.

Sorry..this was a major derailing.
Minor point: I think Stanford defines PI more broadly for private firms than that.

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fliptrip

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Re: H v Chi v Penn v Vandy PI

Post by fliptrip » Thu Mar 24, 2016 5:00 pm

abl wrote:
fliptrip wrote:^^Yes, at Stanford, the asset allowance is $130,000. They count any amount beyond that as income.

There are some minutiae that make the YLS program better, but the biggest reason is that you can work any job, legal or not, public interest, or not, and participate. If you want to take your YLS JD and go start a record company, COAP will help you out while you recruit your artists. That's pretty cool.

Yale is tricky, tricky, though. They calculate their assistance on a 15-year am for the first five years and a 5-year am for the final five, clearly creating the incentive to stay in the program, as you'll end up debt free at the end. But, the consequences of leaving early are worse at Yale than at Harvard or Stanford.

Pterodactyls' point about SLS is an excellent one, but SLS is more restrictive on your types of employment. You have to be doing law-related work at a government agency, a 501(c)3/4, or at a private firm that does 50% pro bono work.

Sorry..this was a major derailing.
Minor point: I think Stanford defines PI more broadly for private firms than that.
I definitely didn't get it quite right first time through, and don't tempt me any more. I am very close to doing a comprehensive LRAP comparison sheet. Why would I do this? I simply have nothing better to do!

Basically if 50% of your services are provided pro bono or at a reduced rate in a private firm or in your own practice you may qualify. Each one is evaluated on a case by case basis though.

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