whitman wrote:Since law schools place best in their region, I think this is relevant to choosing a law school. We all know NY has the biggest market but works you like a dog, DC is tough as hell to get and works you like a dog, Seattle is tiny, etc, but can some people shed some light on secondary southern markets?
To clarify, I have read recent threads about Birmingham and Atlanta and how Birmingham is thriving relative to Atlanta. I'm really interested in life/work balance, pressure to compete for high billable hours, hours/week, opportunities to do pro bono and get involved in the community, and stuff like that in the following cities: Charlotte, Raleigh, Wilmington, Nashville, Birmingham, Richmond, Louisville. Also, how the legal markets are in those cities (aside from Birmingham, which has been discussed extensively). Thanks.
It's extremely firm-dependent. Aside from Atlanta, most southern markets (from what I have heard and experienced) are pretty relaxed as far as work-life balance.
Charlotte is probably the most competitive on this list because the city has (relatively) a lot of "biglaw" firms--as in NY biglaw and not just regional biglaw. Generally, the larger national firms have higher billable requirements that correlate with higher salaries. Charlotte is also kind of a wreck right now because it's pretty dependent on the banking industry, and we all know that banking is an extremely volatile market right now. Charlotte is extremely competitive because you've got a lot of UNC and Wake with kids coming from UVA, Duke and Vandy, and the market isn't the size of Atlanta either. Offer rates aren't terrific (probably similar to ATL) but better than Nashville and Birmingham.
Nashville is different--definitely more of a "southern" market than Charlotte and Atlanta. You won't find any NY/DC firms in Nashville. The pay for the Big 4/5 starts around $110K (which is great when viewing the cost of living); but it's also a much smaller market than Atlanta and Charlotte (and probably Birmingham too for that matter). While Bham and Atlanta can house 80-100 SAs each summer, the number for Nashville is probably between 35 and 45. It's also extremely insular, so without ties or Vandy/Tennessee, you're going to be on the outside looking in. Billables for the largest firms are somewhere between 1800 and 1900; never heard of anything over 2000, and most firms seem to have really solid work-life balances. Worst thing is probably the offer rate in Nashville, but it's definitely getting better.
Birmingham and Nashville are probably the two most similar places on this list, especially considering lots of firms in TN also have strong presence in AL. Cost of living, billables, salary are all pretty close as well. Same thing with ties. Birmingham is more Bama then Vandy/UVA/Duke, but the only difference is that Birmingham traditionally hires a lot of 1Ls--something ridiculous like 40, meaning you have a lot better shot at getting paid for your first summer. Low offer rates (like Nashville, but probably even lower) are a downside.
Don't know a ton about Richmond, but it's likely going to be competitive. You have Richmond right there and W&M just down the road. And that's not even factoring in UVA, G'Town and WnL. Smaller market as well, but similar to Charlotte, there are more "biglaw" firms in Richmond.
Louisville is a midwestern city (when looking at its legal market). The biggest firms in Louisville are based in the region and usually have a good presence in KY/OH/IN. In Louisville, there are really only 5-6 "large" firms, and the market salary is lower than peer cities (starting around $90K). Louisville is dominated by UK/U of L/IU and some kids coming from Michigan/NW/WUSTL, so it's definitely competitive. Also firm-specific when looking at QOL; FBT supposedly has a lower billable requirement for first year associates so they can get adjusted to firm life (unsure if this is true). Dinsmore and Greenebaum are in the same building and you probably can't find any two firms further apart in culture. Billables here are 1800-1900. Higher offer rates; no split summers in Louisville (whereas all the other cities on this list will encourage/force you to split).