RECESSION PANIC MEGAPOST: Bad economy threads go here! Forum

[im_blue]

3L OCI at Texas drops by 45%

http://www.abajournal.com/news/on-site_ ... aw_school/

[Katerina]

So since the economy has tanked, I'm seriously reconsidering how much debt I can handle. Do you think it's career suicide to go to a low ranked law school for free rather than the most presitigous you can do for sticker?

[rayiner]

So since the economy has tanked, I'm seriously reconsidering how much debt I can handle. Do you think it's career suicide to go to a low ranked law school for free rather than the most presitigous you can do for sticker?

If you want biglaw, you're f--ked either way.

Actually, are you applying for next year? You're going to get to see how shit-tastic 2009 OCI will be before you have to make your decision, so use that as your guide.

[98234872348]

So since the economy has tanked, I'm seriously reconsidering how much debt I can handle. Do you think it's career suicide to go to a low ranked law school for free rather than the most prestigious you can do for sticker?

This is almost entirely predicated upon your career goals...

[jschuyler]

I had my first GPA nightmare last night. In the dream, I logged onto a library computer to check my grades (apparently for the whole year; my dream school doesn't use a semester system), and they were all Bs. All of them! I ran to the Career Services office to ask them what firms to bid on at OCI, and they asked me my GPA. When I told them "Bs, all Bs," they shut the door in my face.

I hope these dreams don't become more common once school starts.

[18488]

sigh... more layoffs.

http://legaltimes.typepad.com/blt/2009/ ... staff.html

[hoffb86]

You know things are real bad when Hunton & Williams, a firm with sound roots in Virginia (they even have a hall of the law school) stops participating at OCI at UVA.... yikes.

[RVP11]

You know things are real bad when Hunton & Williams, a firm with sound roots in Virginia (they even have a hall of the law school) stops participating at OCI at UVA.... yikes.

Not sure how "new" that news is, though. Hunton & Williams was one of the firms that had some seriously reduced summer associate classes LAST summer, meaning they were probably having trouble even before the meltdown.

[hoffb86]

You know things are real bad when Hunton & Williams, a firm with sound roots in Virginia (they even have a hall of the law school) stops participating at OCI at UVA.... yikes.

Not sure how "new" that news is, though. Hunton & Williams was one of the firms that had some seriously reduced summer associate classes as far back as summer 2008, meaning they may have been having trouble even before the meltdown.

It was new to me, so thats why I posted.... but yeah, I think I remember them having problems... Sucks though regardless.

[imchuckbass58]

Current Orrick summers won't start till 2012:

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Well, shit.

[CE2JD]

You know things are real bad when Hunton & Williams, a firm with sound roots in Virginia (they even have a hall of the law school) stops participating at OCI at UVA.... yikes.

H&W WILL be interviewing at UVA OGI.

[doyleoil]

You know things are real bad when Hunton & Williams, a firm with sound roots in Virginia (they even have a hall of the law school) stops participating at OCI at UVA.... yikes.

H&W WILL be interviewing at UVA OGI.

source?

[CE2JD]

You know things are real bad when Hunton & Williams, a firm with sound roots in Virginia (they even have a hall of the law school) stops participating at OCI at UVA.... yikes.

H&W WILL be interviewing at UVA OGI.

source?

UVA 2Ls who can see the H&W sign-up slot on the UVA internal web site right now.

[doyleoil]

You know things are real bad when Hunton & Williams, a firm with sound roots in Virginia (they even have a hall of the law school) stops participating at OCI at UVA.... yikes.

H&W WILL be interviewing at UVA OGI.

source?

UVA 2Ls who can see the H&W sign-up slot on the UVA internal web site right now.

they should tip atl

[wardboro]

I had my first GPA nightmare last night. In the dream, I logged onto a library computer to check my grades (apparently for the whole year; my dream school doesn't use a semester system), and they were all Bs. All of them! I ran to the Career Services office to ask them what firms to bid on at OCI, and they asked me my GPA. When I told them "Bs, all Bs," they shut the door in my face.

I hope these dreams don't become more common once school starts.

A good share of your classmates will get to experience this in real life. They won't shut the door in your face, and they'll just tell you to bid on whichever firm interests you the most. Then they'll hustle you out of the office and tell you to go pound the pavement.

CSOs are designed to put you in a firm. Even at a tiny regional where in a GOOD year we might put 35-40 students (30% of the class) in a firm that's all they're focused on. If you fall outside of that range (and remember even some TLSers will) you can basically expect zero help from your CSO.

[rayiner]

Yeah, everyone is pretty much fucked. Don't y'all wish you had real world skills that people were willing to pay money for?

[RVP11]

Yeah, everyone is pretty much fucked. Don't y'all wish you had real world skills that people were willing to pay money for?

IDK about you, but I'm getting a joint JD/AA degree in Plumbing, as JDU urges.

[steve_nash]

Yeah, everyone is pretty much fucked. Don't y'all wish you had real world skills that people were willing to pay money for?

unfortunately, prostitution is illegal in my state.

[rayiner]

Yeah, everyone is pretty much fucked. Don't y'all wish you had real world skills that people were willing to pay money for?

unfortunately, prostitution is illegal in my state.

Well that's a problem, isn't it. Move to Vegas?

[steve_nash]

Yeah, everyone is pretty much fucked. Don't y'all wish you had real world skills that people were willing to pay money for?

unfortunately, prostitution is illegal in my state.

Well that's a problem, isn't it. Move to Vegas?

[snotrocket]

The Setup

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The Punchline

[Spaceman_Stiff]

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ATL lists the firms that have pulled out of GW OCI.

Sorry Mr. Orange.

Think it is because of the drop in rankings, or just the OMG THIS ECONOMY factor?

[steve_nash]

--LinkRemoved--

ATL lists the firms that have pulled out of GW OCI.

Sorry Mr. Orange.

Think it is because of the drop in rankings, or just the OMG THIS ECONOMY factor?

economy. i'm gonna take a wild guess and say that firms don't follow rankings with the same obsessiveness of law students. imo, if GW doesn't improve next year, then then they might start to pay attention.

[imchuckbass58]

Morgan Lewis cancels summer program for next year - as in they will take 0 summer associates this fall:

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[IAFG]

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