Indianapolis (33k) vs Kentucky (13k) Law 2015
Posted: Thu Mar 01, 2012 7:44 pm
.
Law School Discussion Forums
https://www.top-law-schools.com/forums/
https://www.top-law-schools.com/forums/viewtopic.php?f=1&t=179409
So will most of your classmates. It isn't a matter of "grinding it out" or working hard. All of your classmates will be doing the same. You will have to overcome incredible odds to get a big firm job from IU-I or UK. The Indianapolis, Louisville, and Lexington markets are super small, and KY and IU-I are very regional schools.tolson1 wrote:I know I'll have to be grinding it out bad but I will be giving it 120% next year for big law. I do have a few good connections in Ohio with guys working at national firms.
This is totally irrational and downright silly, but whatever. Your money, your life. I would say go to IU-I and come to terms with the fact that you will almost certainly never be a big firm attorney. Not that this is the end of the world or your can't be a successful attorney (I know people there who are doing fine), but better to come to grips with reality now than be heartbroken at OCI.tolson1 wrote:Appreciate the advice, but I will not be taking another year off to retake the LSAT.
+1. I've never understood this sentiment. Law school isn't going anywhere. Taking a year off to study for the LSAT means more money in your pocket, more WE, and a better chance of going somewhere that will get you a desirable job.romothesavior wrote:This is totally irrational and downright silly, but whatever. Your money, your life. I would say go to IU-I and come to terms with the fact that you will almost certainly never be a big firm attorney. Not that this is the end of the world or your can't be a successful attorney (I know people there who are doing fine), but better to come to grips with reality now than be heartbroken at OCI.tolson1 wrote:Appreciate the advice, but I will not be taking another year off to retake the LSAT.
Correct me if I am wrong, but neither school is listed in the 2011 or 2012 "Go To Law Schools" lists (I just looked to double check). This means that in 2010, both schools placed less than 10.57% of graduates into NLJ 250 jobs, and in 2011 they placed less than 6.49%.jrthor10 wrote:U Indy places decently well in Indy law firms...decently well being top 10% you have a shot at a 80k+ a year job I would say.
Why not? Why can't you get a job and study for the LSAT in your spare time?tolson1 wrote:I don't have the luxury of being in a situation to retake the LSAT.
I didn't have that luxury either. Sure you can get a job that pays $14/hr if you're lucky, but those of us with significant undergrad student loan debt could never start affording those payments if we just took a year off to study for the LSAT. I know, I know- it's dumb to accrue more debt because you can't pay the debt you already have, but the job market is BAD for those of us with useless undergrad degrees.bk187 wrote:Why not? Why can't you get a job and study for the LSAT in your spare time?tolson1 wrote:I don't have the luxury of being in a situation to retake the LSAT.
Hey buddy, let's read before writing. I said she could get a job at Indy law firms. Not NLJ250 firms. There are only 3-4 firms in Indy that make that list. Those start at 100K. There are others, however, that are not NLJ, but still pay well (75+). That is why I said Indy firms, and not NLJ. Soooo, doing some math 5% (approx) getting jobs at the NLJ firms, that leaves 5% for the other firms to get to a whopping 10%. I am not saying the job prospects are overall good, merely that if you are top 10%, you have a better than 50% shot at getting a good job.romothesavior wrote:Correct me if I am wrong, but neither school is listed in the 2011 or 2012 "Go To Law Schools" lists (I just looked to double check). This means that in 2010, both schools placed less than 10.57% of graduates into NLJ 250 jobs, and in 2011 they placed less than 6.49%.jrthor10 wrote:U Indy places decently well in Indy law firms...decently well being top 10% you have a shot at a 80k+ a year job I would say.
Indianapolis has maybe 30-40 NLJ 250 biglaw spots total (this may be generous). Even if they placed 15-20 people into Indianapolis biglaw (which is also very generous), they graduate over 300 people. That leaves maybe a 5% chance at Indy biglaw, and again that is a very generous estimate.
OP, this may be why people are pessimistic. I'm all for healthy optimism, but I'm also for doses of reality. The objective facts on this make it hard to be optimistic about IU-Indy for biglaw.
Brilliant. That is worth hundred of thousands of dollars worth of debt for those chances. LMAO, A 5-6 percent shot at a non-NLJ NALP job! Yea!jrthor10 wrote:merely that if you are top 10%, you have a better than 50% shot at getting a good job.
Why so stubborn? Why not listen to some reason?tolson1 wrote:romothesavior wrote:This is totally irrational and downright silly, but whatever. Your money, your life. I would say go to IU-I and come to terms with the fact that you will almost certainly never be a big firm attorney. Not that this is the end of the world or your can't be a successful attorney (I know people there who are doing fine), but better to come to grips with reality now than be heartbroken at OCI.tolson1 wrote:Appreciate the advice, but I will not be taking another year off to retake the LSAT.
OK. I don't have the luxury of being in a situation to retake the LSAT, though I understand that it is "totally irrational and downright silly". I certainly won't "come to terms with the fact that I will almost certainly never be a big firm attorney", but it is duly noted. Why is everyone so pessimistic? I am not looking for opinions unrelated to my initial question. I am merely curious as to whether or not one would choose to attend the University of Kentucky at $17,000 or Indianapolis at $11,000. I have an interest in big law, and I understand completely that such an interest may be difficult to obtain.
Thanks.
I didn't know 33K of tuition debt + living expenses in Indy amounted to, "hundred of thousands of dollars" [sic] in debt. Indy must have gotten considerably more expensive since I grew up there a few years ago.JamesChapman23 wrote:Brilliant. That is worth hundred of thousands of dollars worth of debt for those chances. LMAO, A 5-6 percent shot at a non-NLJ NALP job! Yea!jrthor10 wrote:merely that if you are top 10%, you have a better than 50% shot at getting a good job.
Where exactly does the rest of the 90 percent of the class go, jrthor? Do those in the top 50% have a decent chance at positions at starbucks? Top 80 percent have a better than 50 percent shot at getting a good panhandling corner?
I would understand this if the option was a top school with a good shot at a 6 figure job (that would make paying back that kind of debt more feasible), but outside of that it still doesn't make sense. Even if it is a full ride+stipend at a T50 if you have significant undergrad debt you're still going to have even more debt after graduation (even moreso if you are actually taking out more loans for school). You'll come out the other side of law school with a job that likely pays in the 30-60k range. Useless undergrad degrees don't mean you can't get a job that pays 20-30k and work your way up. It's tough, but it seems like a better idea than going to a mediocre or worse law school.Michaela wrote:I didn't have that luxury either. Sure you can get a job that pays $14/hr if you're lucky, but those of us with significant undergrad student loan debt could never start affording those payments if we just took a year off to study for the LSAT. I know, I know- it's dumb to accrue more debt because you can't pay the debt you already have, but the job market is BAD for those of us with useless undergrad degrees.
romothesavior wrote:jrthor, I am very familiar with the Indianapolis market, thanks. You are being incredibly generous with your estimates on IU-I placement. I believe there are 5 NLJ offices in Indy with decent-sized offices (Ice, Barnes, Baker, Taft, Frost Brown). I just glanced at some NALP forms, and those 5 firms combined probably take 25-30 fresh grads total (30-40 in my previous post was high). The overwhelming majority of entry-level jobs paying 80k+ in Indianapolis will be at those 5 firms. I know of a few solid Indianapolis firms that pay high-five figures to start, but there aren't that many firms in this range and they have very small summer classes (less than 5, usually 1-2). There are probably no more than 70 entry-level jobs available to fresh grads in Indianapolis paying 80k+. You think 30-35 of those (which equals about 10% of the graduating class) are going to IU-Indy grads? Not even close. If you think I'm wrong, please tell me where the jobs are that I'm not accounting for.
In any case, we're quibbling over a few percent, which is silly. If it's 1%, 5%, 10%, the bottom line is that the number is small. At the end of the day, the IU-Indy opportunities for big firm legal work are not good. If OP wants to go there, that's fine. But he's looking to spend 90k or so on a law degree that gives him a 5% or so chance at getting him his goals. Those aren't odds I'd take at the casino, and I wouldn't take them for law school either.
Either way OP, good luck. I wish you would reconsider the decision not to retake because retaking and improving is easier than cracking the top 5-10% (which is what you will need at IU-Indy). If not though, you better work your ass off and hustle hard because unemployment awaits a sizeable chunk of students at both of these schools.
Well when you are on unemployment- it doesn't matter whether you are 50k in debt or 150k in debt. You default either way and with the same consequences.tolson1 wrote:Guys, to clarify. The scholarship I have at Indianapolis is 33,000, I would be paying only 11,000 a year. The title is the scholarship amount, not the amount that I will be paying.... I should've listed it the other way around.
If you are going to be kind of a douche, can you be one with correct grammar please?JamesChapman23 wrote:Well when you are unemployment- it doesn't matter whether you are 50k in debt or 150k in debt. You default either way and with the same consequences.tolson1 wrote:Guys, to clarify. The scholarship I have at Indianapolis is 33,000, I would be paying only 11,000 a year. The title is the scholarship amount, not the amount that I will be paying.... I should've listed it the other way around.