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Dropping out in Fall of 2L?

Posted: Wed Sep 24, 2014 4:21 pm
by oldtimeywestern
Stats: Very slightly below median at lower T14. Was below median for 1st semester by a significant amount, was above median second semester by a somewhat less significant amount.

Situation: I struck out at OCI. Mass-mailed, one callback, which I got a rejection from. Some more mass-mailed firms I'd love to hear back from, but no reason to expect one. Meanwhile, I have a couple job offers in my previous field at ~$120,000 ish. Job would be stable and fairly secure, only 40 hours a week. I might need to (rarely) be on call for a weekend, but it really would be a minor thing. Probably would be a few weeks a year I need to put in longish hours, but it wouldn't be a regular thing. However, the job does not have much room for advancement. Job would also be very boring. Cubicle. One of the jobs is in a very high COL city.

Debt: On a $40,000k/year scholarship, so debt is there but not suffocating at this point, would be pretty easy to pay off quickly.

I already paid for this semester, but there is an opportunity cost of roughly $10k per month in lost salary if I stay in school.

Re: Dropping out in Fall of 2L?

Posted: Wed Sep 24, 2014 4:28 pm
by runinthefront
oldtimeywestern wrote:Stats: Very slightly below median at lower T14. Was below median for 1st semester by a significant amount, was above median second semester by a somewhat less significant amount.

Situation: I struck out at OCI. Mass-mailed, one callback, which I got a rejection from. Some more mass-mailed firms I'd love to hear back from, but no reason to expect one. Meanwhile, I have a couple job offers in my previous field at ~$120,000 ish. Job would be stable and fairly secure, only 40 hours a week. I might need to (rarely) be on call for a weekend, but it really would be a minor thing. Probably would be a few weeks a year I need to put in longish hours, but it wouldn't be a regular thing. However, the job does not have much room for advancement. Job would also be very boring. Cubicle. One of the jobs is in a very high COL city.

Debt: On a $40,000k/year scholarship, so debt is there but not suffocating at this point, would be pretty easy to pay off quickly.

I already paid for this semester, but there is an opportunity cost of roughly $10k per month in lost salary if I stay in school.
Why did you choose to attend law school in the first place?

Re: Dropping out in Fall of 2L?

Posted: Wed Sep 24, 2014 4:50 pm
by oldtimeywestern
runinthefront wrote:
oldtimeywestern wrote:Stats: Very slightly below median at lower T14. Was below median for 1st semester by a significant amount, was above median second semester by a somewhat less significant amount.

Situation: I struck out at OCI. Mass-mailed, one callback, which I got a rejection from. Some more mass-mailed firms I'd love to hear back from, but no reason to expect one. Meanwhile, I have a couple job offers in my previous field at ~$120,000 ish. Job would be stable and fairly secure, only 40 hours a week. I might need to (rarely) be on call for a weekend, but it really would be a minor thing. Probably would be a few weeks a year I need to put in longish hours, but it wouldn't be a regular thing. However, the job does not have much room for advancement. Job would also be very boring. Cubicle. One of the jobs is in a very high COL city.

Debt: On a $40,000k/year scholarship, so debt is there but not suffocating at this point, would be pretty easy to pay off quickly.

I already paid for this semester, but there is an opportunity cost of roughly $10k per month in lost salary if I stay in school.
Why did you choose to attend law school in the first place?
The main reasons were: (1) boredom with my previous job, (2) a feeling that law school would provide better chances for long-term career development, and (3) a general interest in political science/public policy type stuff. I actually really enjoy most of my law school classes, although I thought my summer job in a corporate legal department was incredibly boring.

Re: Dropping out in Fall of 2L?

Posted: Wed Sep 24, 2014 4:58 pm
by McAvoy
oldtimeywestern wrote:I have a couple job offers in my previous field at ~$120,000 ish. Job would be stable and fairly secure, only 40 hours a week. I might need to (rarely) be on call for a weekend, but it really would be a minor thing. Probably would be a few weeks a year I need to put in longish hours, but it wouldn't be a regular thing.
What field is this/what skills/path does it require? thx

Re: Dropping out in Fall of 2L?

Posted: Wed Sep 24, 2014 5:18 pm
by jbagelboy
McAvoy wrote:
oldtimeywestern wrote:I have a couple job offers in my previous field at ~$120,000 ish. Job would be stable and fairly secure, only 40 hours a week. I might need to (rarely) be on call for a weekend, but it really would be a minor thing. Probably would be a few weeks a year I need to put in longish hours, but it wouldn't be a regular thing.
What field is this/what skills/path does it require? thx
sounds like software development, and I'm guessing the high COL city is SF/Palo Alto, although the hours thing is kind of flame if that's actually what it is

Re: Dropping out in Fall of 2L?

Posted: Wed Sep 24, 2014 5:56 pm
by Julius
Good paying law jobs are boring. And they are boring for a lot more than 40 hours a week. 90-95% of those jobs are now unavailable to you.

I'd pull the chute and take the old job.

Re: Dropping out in Fall of 2L?

Posted: Fri Sep 26, 2014 12:04 am
by getemgoon
Voted Stay the course.

Try 3L oci/mass mailing/networking. While the chances are slim, there's no denying that, at least you'll never be able to ask 'what if.' Also, your 120k job will always be there.

The Q you want to ask is: is it worth it to stay the 2 years + debt, for a chance to get a job you want? (Seems like biglaw according to your post) This depends on your personality, life situation, etc.

Good luck.

Re: Dropping out in Fall of 2L?

Posted: Fri Sep 26, 2014 1:25 am
by hiima3L
"Meanwhile, I have a couple job offers in my previous field at ~$120,000 ish. Job would be stable and fairly secure, only 40 hours a week."

This is reason enough for 99% of law students to drop out.

Re: Dropping out in Fall of 2L?

Posted: Fri Sep 26, 2014 1:53 am
by sparty99
hiima3L wrote:"Meanwhile, I have a couple job offers in my previous field at ~$120,000 ish. Job would be stable and fairly secure, only 40 hours a week."

This is reason enough for 99% of law students to drop out.
Why even stay? You dumb for going in the first place.