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T1 (40-50) -> NYU or Penn
Posted: Fri Jul 18, 2014 3:38 pm
by lhanvt13
Doing this for a friend since she doesn't know TLS too well.
She's thinking of either NYU or Penn and doesn't have a geographic preference as to where to work. She is looking for BigLaw and wants to do transactional work.
Ties: DMV + Philly.
Which would be better for her? NYU or Penn?
Re: T1 (40-50) -> NYU or Penn
Posted: Fri Jul 18, 2014 3:52 pm
by Nebby
lhanvt13 wrote:Doing this for a friend since she doesn't know TLS too well.
She's thinking of either NYU or Penn and doesn't have a geographic preference as to where to work. She is looking for BigLaw and wants to do transactional work.
Ties: DMV + Philly.
Which would be better for her? NYU or Penn?
P1: NYC has a lot of transacational work
P2: NYC has the most BigLaw jobs
C1: Therefore, NYC has the most transacational BigLaw jobs
P3: NYU places more in NYC than UPenn
C2: Therefore, NYU is the safest bet for NYC BigLaw, transactional j3rbz
#Scholarship
Re: T1 (40-50) -> NYU or Penn
Posted: Fri Jul 18, 2014 4:50 pm
by lhanvt13
CounselorNebby wrote:lhanvt13 wrote:Doing this for a friend since she doesn't know TLS too well.
She's thinking of either NYU or Penn and doesn't have a geographic preference as to where to work. She is looking for BigLaw and wants to do transactional work.
Ties: DMV + Philly.
Which would be better for her? NYU or Penn?
P1: NYC has a lot of transacational work
P2: NYC has the most BigLaw jobs
C1: Therefore, NYC has the most transacational BigLaw jobs
P3: NYU places more in NYC than UPenn
C2: Therefore, NYU is the safest bet for NYC BigLaw, transactional j3rbz
#Scholarship
yeah that's generally what I was thinking.
Re: T1 (40-50) -> NYU or Penn
Posted: Sat Jul 19, 2014 11:25 am
by transferror
Either option should be pretty safe and of course NYU >> Penn for NYC biglaw, but I think there is room for discussion in the margins.
1) Getting Philly biglaw is a pretty safe bet with Penn + Philly ties, and Penn offers the same access to NYC firms as NYU, albeit with lower placement. At OCI, she can say that she was accepted to both NYU and Penn and chose Penn to target Philly/DE firms, which should lock her up a spot with one of Dechert/Morgan Lewis/Drinker Biddle/Duane Morris, and from my limited understanding of Penn OCI, she won't even have to bid Philly firms that high (10-20 range is safe, I think), so she can still use high bids on NYC firms with big transaction departments and large SA classes.
2) Penn has better access to the big 4 in DE, and those are huge transactional outfits.
3) COL will be lower in Philly, and she would save at least 15k+ on COA over 2 years (conservative estimate).
Not that any one of these factors should be determinative, but if it's a close call in her mind, these could tip the scale.