NYU v UVA for Biglaw
Posted: Thu May 30, 2013 1:14 pm
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https://www.top-law-schools.com/forums/viewtopic.php?f=1&t=210337
sideoffries wrote:
white male
I am in a very fortunate position where I will have no debt upon graduation via my family wherever I go.
sideoffries wrote: I think I want to do corporate work (M&A I think)
sideoffries wrote: I know it doesn't really matter, but if you think it does: I am an outspoken conservative and will join FedSoc Day 1
lolol. you seem like fun. well at least you're consistent.sideoffries wrote: I'm on the UChicago waitlist and it's UChicago over everything else if I get in.
lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
Well he claims to be fiscally conservative but is fine blowing $300k of his parents' money. If he has the money to do nothing but study for a year, why not go to Harvard or save his parents a significant amount of money instead?jbagelboy wrote:lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
Debt isn't the only way to look at it. If OP is dipping into his trust fund that he'd be able to use later in life, it still costs him money. If his rich boomer parents are just going to pay for it no matter, what, maybe the cost isn't a big deal though.jbagelboy wrote:lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
they aren't really "blowing" the money since OP is getting a good legal education and >50% chance at a good job.nebula666 wrote:Well he claims to be fiscally conservative but is fine blowing $300k of his parents' money. If he has the money to do nothing but study for a year, why not go to Harvard or save his parents a significant amount of money instead?jbagelboy wrote:lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
okay. well then I actually might agree that saving as much of that money as possible would be a good idea (unless its a HUGE inheritance), since it could be spread around to the rest of your family - if you were going to loan out the entire amount prior, then your family didn't have significant resources and could probably benefit from you saving them money. UVA will end up being $50K+ cheaper so I would be leaning toward that as TCR then but thats a personal financial decision that we shouldn't dwell on. careerwise I think we've addressed the main points alreadysideoffries wrote:Actually we're not St. Louis old money. My grandmother passed away 6 months ago leaving my family a good chunk of money and real estate. Before her death, I was looking at taking out loans for almost the entire cost of law school.jbagelboy wrote:they aren't really "blowing" the money since OP is getting a good legal education and >50% chance at a good job.nebula666 wrote:
Well he claims to be fiscally conservative but is fine blowing $300k of his parents' money. If he has the money to do nothing but study for a year, why not go to Harvard or save his parents a significant amount of money instead?
conservative & wealthy =/= fiscally conservative these days. "fiscal conservatism" in the political arena is a scam to prevent black ppl and latinos from collecting welfare, kill social service programs and increase the wealth gap. Neither party is interested in deficit reduction, just as OP's parents are prolly st louis old money and are more than happy to pay for his legal education. if I was loaded I'd pay for my kids to go to law school too.
My condolences to you and your family for your grandmother.sideoffries wrote:It's not HUGE, but there is plenty to go around. Basically my family was willing to pay for my rent+food at law school and that was it (however, I got some indication that my grandmother was going to chip in for my law school too but she died). I meant almost the entire cost of tuition - sorry I was not clear.jbagelboy wrote: okay. well then I actually might agree that saving as much of that money as possible would be a good idea (unless its a HUGE inheritance), since it could be spread around to the rest of your family - if you were going to loan out the entire amount prior, then your family didn't have significant resources and could probably benefit from you saving them money. UVA will end up being $50K+ cheaper so I would be leaning toward that as TCR then but thats a personal financial decision that we shouldn't dwell on. careerwise I think we've addressed the main points already
Once you've worked at a V10 firm, my impression is that those contacts will ultimately be more influential 3-5 years out than where you got your JD. The UVA network might have a few more roots, but everyone knows NYU is a prestigious school and I wouldn't label it as a hindrance. Neither school is in close geographic proximity - its not like we're comparing WUSTL and NYUsideoffries wrote:Thank you. Do you think that an NYU degree will not be a hindrance to lateraling back to STL if I want to?jbagelboy wrote:My condolences to you and your family for your grandmother.sideoffries wrote:It's not HUGE, but there is plenty to go around. Basically my family was willing to pay for my rent+food at law school and that was it (however, I got some indication that my grandmother was going to chip in for my law school too but she died). I meant almost the entire cost of tuition - sorry I was not clear.jbagelboy wrote: okay. well then I actually might agree that saving as much of that money as possible would be a good idea (unless its a HUGE inheritance), since it could be spread around to the rest of your family - if you were going to loan out the entire amount prior, then your family didn't have significant resources and could probably benefit from you saving them money. UVA will end up being $50K+ cheaper so I would be leaning toward that as TCR then but thats a personal financial decision that we shouldn't dwell on. careerwise I think we've addressed the main points already
I voted NYU with the assumption of the bolded I think given your posts after your OP it will give you 1) greater shot at your stated M&A goal and 2) more flexibility given that you might want to change your goals
No. SLS and YLS are possibilities here, and both are better options. OP clearly has no idea what he wants to do, things change in LS. He knows absolutely nothing about M&A work AFA I can tell. I have worked in various biglaw practice areas as a non-attorney and I advise against going to law school with these preconceived notions that aren't based on any real substance, like actually working in the field. 9 times out of 10 it's not what most 0Ls think it is like.jbagelboy wrote:lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
Magic, no, science yes. It's a learnable test to a very high extent. The retake advice is not pure shit. People are generally capable of scoring in certain ranges. I would be as bold to say that anyone (assuming no mental illnesses or other conditions) who can hit mid 160s first try can break 170s. It's all in the preparation. And taking a break from the damn thing.Desert Fox wrote:Debt isn't the only way to look at it. If OP is dipping into his trust fund that he'd be able to use later in life, it still costs him money. If his rich boomer parents are just going to pay for it no matter, what, maybe the cost isn't a big deal though.jbagelboy wrote:lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
But this retake advice is shit, pure shit. He retook once and raised his score 4 points. Retaking isn't some magic in which your scores magically rise because you want them too.
Yea, you'll notice I kinda changed my tune a little after... that post was back when I had interpreted OP's family as far wealthier than he later specified they were. Clearly, Stanford and Yale would both open up opportunities for OP, but no LSAT score can guarantee them, whereas Harvard and CLS would be locks at 173+. Also, I was going easy because OP did already retake once, unlike some of the more stubborn posters that have cropped up in the past few days, and made a substantive improvement that opened up a T6 school.JamesDean1955 wrote:No. SLS and YLS are possibilities here, and both are better options. OP clearly has no idea what he wants to do, things change in LS. He knows absolutely nothing about M&A work AFA I can tell. I have worked in various biglaw practice areas as a non-attorney and I advise against going to law school with these preconceived notions that aren't based on any real substance, like actually working in the field. 9/10 it's not what most 0Ls think it is like.jbagelboy wrote:lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
And rationalizing paying ridiculous sticker fees and NYC COL because the bank of mom and dad will fund it is the worst logic people on these boards use to justify these decisions. The money can be put to better uses and it is absolutely not necessary he go to NYU at sticker.
The black and white Bill Murray is growing on me, I have to say. Hiding behind a tree is funnier though.
Yeah but it's not really no debt, is it? That's real money being spent. Approx. $270,000.00 after interest, give or take a few thousand. That's a lot of damn money. That money AFAIK does not have a special stipulation placed on it by his grandmother's Will that says it must be used for educational purposes. Assuming this is the case, that is bad financial rationalization. This can easily be avoided and there is a huge opportunity cost at play here.jbagelboy wrote:Yea, you'll notice I kinda changed my tune a little after... that post was back when I had interpreted OP's family as far wealthier than he later specified they were. Clearly, Stanford and Yale would both open up opportunities for OP, but no LSAT score can guarantee them, whereas Harvard and CLS would be locks at 173+. Also, I was going easy because OP did already retake once, unlike some of the more stubborn posters that have cropped up in the past few days, and made a substantive improvement that opened up a T6 school.JamesDean1955 wrote:No. SLS and YLS are possibilities here, and both are better options. OP clearly has no idea what he wants to do, things change in LS. He knows absolutely nothing about M&A work AFA I can tell. I have worked in various biglaw practice areas as a non-attorney and I advise against going to law school with these preconceived notions that aren't based on any real substance, like actually working in the field. 9/10 it's not what most 0Ls think it is like.jbagelboy wrote:lol why? the only schools that would provide arguably better chance at OP's goals are CLS and Harvard anyway, and NYU has solid numbers with the firms OP is interested in. Usually I'd say retake because its not worth the $$, but OP will have no debtnebula666 wrote:Retake for a few more points. Sorry but that is the best option. If not, UVA.
And rationalizing paying ridiculous sticker fees and NYC COL because the bank of mom and dad will fund it is the worst logic people on these boards use to justify these decisions. The money can be put to better uses and it is absolutely not necessary he go to NYU at sticker.
The black and white Bill Murray is growing on me, I have to say. Hiding behind a tree is funnier though.
Attending NYU with no debt is a far better outcome all things considered than what I am doing (granted, circumstances are different since I'm paying my way), so I don't feel quite as comfortable judging the option as insufficient.