eg_m wrote: Thanks for chiming in! I really love hearing the outcomes of people who have been in my shoes before. I'll be honest that one of my primary hesitations for going to NU comes from a Reddit thread a few months ago where a 3L from "a lower t13" did an AMA (I think it was an AMA but it doesn't really matter) and I was having a conversation with that person about employment outcomes. I suspected from their responses that they were at NU. The person was basically talking about how BigLaw isn't a guaranteed outcome if you want it and that a lot of people in the bottom 1/3 or bottom 1/2 of the class were struggling to get BL employment or even decent private/corporate employment. Basically saying that if you're in bottom ~40% of your class, you're gonna be fighting for something good and applying all over the country to find something.
I don't know how accurate this is, but it is something that someone who seemed like they knew what they were talking about once said to me and it has kind of stuck with me. Just for reference's sake, here
https://www.lstreports.com/schools/northwestern/ABA/ is the LST page for NU and you can click through the past 8 years of employment scores (toggle percent at the top). Some years NU is really impressive and other years its a bit lackluster. But with FedClerk rarely being above 7% (UChicago's older years averaged around 15% and recent years are over 20%), and many of the past years being ~55% BL, it does make me worry. I mean, the last 5 years have been pretty good for employment. So if these are the numbers during good times, will I be fighting tooth and nail for something if I graduate into a recession and BL numbers are in the 40s. (here is Chicago's
https://www.lstreports.com/schools/chicago/ABA/ if you want to open them side by side)
I definitely don't want to seem like I'm just bashing NU for the sake of a hypothetical. I genuinely am on the fence about this decision and I'm just worried about (1) graduating into a bad economy, (2) getting BL if I want it, which I do, (3) doors that seem open now, like fedclerk, but may be closed later.
On another note, if its okay, can you tell me a bit about what you like at NU, how competitive you think employment outcomes are (in response to the above), and how hard it is to get work in DC?
I'll be honest, I don't know much about the DC market. I just heard that it's great to make connections if you want to transition out of corporate some day.
Thanks so much for your reponse. I really mean it. I am so happy someone who was in a similar position to me and is travelling a path that I might pursue has replied to my post.
So that we are both comparing the same data, I'm going to link you to the comparison page that I looked at:
https://www.lstreports.com/compare/nort ... n/chicago/
Large Firm Score (NU/Chi): 62.2 / 56.3
Fed Clerk Score: 7 / 23.8
Total: 69.2 / 80.1
At the risk of sounding like a salesman, I think there are some important contextualization to these numbers. First, NU has one of the largest JD-MBA classes of any law school (~10%) and many of them choose to go into business roles at investment banks or consulting. As such, BigLaw numbers are probably understated. Clerkships are probably also understated because NU students are, on average, older and are not interested in clerkships because delaying an extra year when you are married and have a family, or want to start a family, is painful. Additionally, if you are in a serious relationship, you may not have the same geographic flexibility due to your SO's career. Given the data I have seen, you can be much lower than top 7% and get a clerkship from NU. So while the reports indicate the difference in BigLaw+FedClerk numbers is 10.9%, I'm inclined to think that it is slightly lower (I won't conjecture because my guess would be random which is inappropriate).
Before I continue, I do want to commend you for thinking about this seriously. Most people that come to these forums (and Reddit) are overconfident in their ability to perform. You, on the other hand, are focusing on worst-case scenarios and, if anything, slightly underestimating your ability to perform. I mean that complimentary.
BigLaw from NU at median (statistically your most likely outcome) is very doable. Most everyone I know got BigLaw. As you get lower, targeting less-selective markets (NYC) becomes more important. I don't know what the experience of going into OCI with below-median grades, so I won't try to say it is super easy or super difficult. At either school, being in the bottom third is going to be extremely stressful.
One thing you have not thought of, however, is, assuming you do find yourself in the bottom third and graduating in a recession, where would you feel less stressed -- Chicago with $200,000 debt needing to be repaid or Northwestern with $60,000? Personally, I would be less stressed with the latter. In fact, as someone that made the decision, all through 1L, I told myself every day that I was glad I didn't need the grades to find a BigLaw job just to service debt. You are playing probabilities, but the 10% (or so) increased chance does not seem to be worth an additional $140,000 of debt. Assuming you get a job that is BigLaw or are unemployed (unlikely from either school), your expected salary out of NU is $131,480 and from Chicago is $152,190. Is an extra $20,710 in estimated income worth $140,000? Keep in mind that when you factor in the JD-MBAs, the difference is likely to be less.
If there is a significant recession then both NU and Chicago will experience a drop in BigLaw rates. I don't know how either fared in 2008, so you could dig that up. My guess is that NU's rates dropped more than UChi, but probably not that much more. Again, it begs the question, what happens if you strike out at both schools, where would feel more comfortable. I won't pretend that, depending on your grades, some opportunities might be foreclosed to you. If I were my same GPA/rank at UChi, I would probably be a lock for a COA but am more "likely but uncertain" (or something like that) coming out of NU. I'm ok with that because I decided that $0 in debt was worth it.
While you are thinking about career/opportunity flexibility, you might not be thinking about financial flexibility. What happens, for example, if you decide your real passion is public interest? Or, what if you get a BigLaw position and, one year in, absolutely hate your life? With $200,000 in debt, there isn't really anything you can do because you have to service the debt. With $60,000? Who cares, go do whatever you want. Go work on the Hill for some hot shot for next to nothing because your debt is very serviceable. Depending on how aggressive you are, your debt could be paid off within six months of graduating.
DC is a competitive market, arguably the most selective in the country. This is true from either school. Top students from top schools want to go to DC to work and summer classes are relatively small. As such, DC is grades sensitive. My guess is that the type of student from NU or UChi is virtually identical. I doubt that DC offices reach much deeper in a class from one T14 than another because there are so few slots. I would say that you probably need to be top quarter-ish to have a shot, the higher the better. Either way, at both schools, you will need to have a secondary market.
I actually really love NU. The student body is older, most students have worked, which makes people generally more friendly, respectful, and relaxed. We know that, in the long run, relationships matter more than grades. This also seems to give the student body/faculty a slightly more practical bent than you might find at either schools. The library is great because there is lots of natural light with a giant wall of windows looking over Lake Michigan. It is an awesome study space. Also, having never been to Hyde Park, I love living on the North Side. We are close to the Loop (convenient networking), the West Loop (restaurants), and a number of great neighborhoods. Gold Coast/River North/Streeterville are nice. A lot of students move to Lincoln Park/Lakeview because they are cheaper and more trendy. Feel free to ask specific questions and I'll answer them.
Sorry this is long-winded. Quarantine has made me resort to the internet to try to feel useful and connect with people