1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Is Law School Still Worth It?

Discussion in 'BBS Hangout' started by glynch, Feb 20, 2009.

  1. MadMax

    MadMax Member

    Joined:
    Sep 19, 1999
    Messages:
    76,683
    Likes Received:
    25,924
    Interesting stuff. You and I practice in such different areas it's almost as if we have 2 entirely different professions.

    I'm with you on the price of gasoline affecting individual consumers. And certainly perception drives reality.
     
  2. huypham

    huypham Member

    Joined:
    Aug 15, 2001
    Messages:
    465
    Likes Received:
    19
    slandballa, Rockets R' Us - I'm Northwestern JD/MBA, graduate 2010. Feel free to shoot me an email (huy@alum.mit.edu) to ask about admission to the law school or the MBA program.
     
  3. Yonkers

    Yonkers Member

    Joined:
    Jun 19, 2002
    Messages:
    8,433
    Likes Received:
    480
    zing :D
     
  4. Refman

    Refman Member

    Joined:
    Mar 31, 2002
    Messages:
    13,674
    Likes Received:
    312
    Touche. :cool:
     
  5. Refman

    Refman Member

    Joined:
    Mar 31, 2002
    Messages:
    13,674
    Likes Received:
    312
    Yep. It is a different world.

    If I had a dollar for every client, either BK or family, that did not retain us due to money or that retained and failed to pay, I'd retire.
     
  6. Bill Gates

    Bill Gates Member

    Joined:
    Feb 21, 2009
    Messages:
    7
    Likes Received:
    0
    i was gonna get a law degree in harvard, but i decided to drop out and went into pc software bussiness instead.
     
  7. Rockets R' Us

    Rockets R' Us Contributing Member

    Joined:
    Jul 31, 2000
    Messages:
    3,009
    Likes Received:
    105
    This BBS just keeps on gettin better everyday. :p Definitely looking forward to linking with you man, thanks for lending a hand. Question though, "alum.mit.edu"? What'd you do at MIT? Undergrad?


    And SlandBalla, we need to link up too then man, seeing that we're on the same track I'm sure we can kick some advice back and forth to help us both out. My e-mail is fburha2@uic.edu
     
  8. Smokey

    Smokey Member

    Joined:
    Oct 3, 1999
    Messages:
    13,336
    Likes Received:
    722
    I'd go back if I were you. After your first year, I'd say it's probably not worth your time and money. After your second year, you've already completed more than half of the degree. Even if you never practice, the degree could set you apart from other candidates.
     
  9. DonnyMost

    DonnyMost Member

    Joined:
    May 18, 2003
    Messages:
    49,005
    Likes Received:
    19,948
    [​IMG]
     
  10. Mulder

    Mulder Member

    Joined:
    Nov 20, 1999
    Messages:
    7,118
    Likes Received:
    81
    until you need one.
     
  11. ferrari77

    ferrari77 Member

    Joined:
    Jun 15, 2006
    Messages:
    9,447
    Likes Received:
    1,504

    That 3 yr Jd/MBA is sweet ain't it?
    Wish more schools would shorten it like NU.
     
  12. Bullard4Life

    Bullard4Life Member

    Joined:
    Aug 11, 2001
    Messages:
    1,470
    Likes Received:
    1
    I just got back from a visit to the Bay area this weekend, so I figure I'd chime in. I applied this cycle, and have acceptance letters from Columbia, NYU, Berkeley, UChicago, UPenn, and Virginia (still waiting to hear from Harvard, Yale, and Stanford). I applied two years ago to a wider swath of schools and had significant scholarships at UT and Northwestern. I'd recommend checking out some of these sites to get a sense of the rough odds you have at different schools:

    http://lawschoolnumbers.com/
    http://www.hourumd.com/
    http://lawschoolcalculator.com/
    http://officialguide.lsac.org/UGPASearch/LSATGPA.aspx?ref=inline&sidstring=
    http://www.chiashu.com/

    Obviously, statistics aren't perfect, and most of these are self-selecting populations, but they'll give you some idea about what kind of numbers you need to have a good shot.

    My general advice would be, if you have several years of work experience, and a GPA that is less than stellar, to do what you can to find particular strengths that a law school has (e.g. a strong intellectual property curriculum, bankruptcy, etc.) and to tailor your application so that they have a strong sense of the kind of law student you'll be. You'll be competing against a lot of undergrads who will be blathering on about wanting to right wrongs and represent the downtrodden, when the reality is that the vast majority of people go to work for firms out of school (not all, but the vast majority). Going ahead and distinguishing yourself as someone who has really specific goals will be a big help as an applicant.

    As far as all the talk about whether a JD is worth it or not. I think several posters are right on in saying it depends on what you want from a degree. A JD certainly isn't a ticket to an automatic six figures out of school, and a lot of those six figure jobs require you to give up most of your personal life. But there's usually room for you to find something you really want to do if you know how to look. My girlfriend is a first year associate at Quinn Emanuel, which is one probably the top IP litigation firm in the country, she pulls in ridiculous money for someone right out of school, does really interesting work, and still has time to spend the entire weekend with me in San Francisco. A JD is a great investment, as long as you invest the time in researching what options you'll have with it, and you invest the time in law school to get the grades that'll open up those options.
     
  13. thelasik

    thelasik Contributing Member

    Joined:
    May 9, 2005
    Messages:
    3,347
    Likes Received:
    72
    How is the current IP law market?
     
  14. leebigez

    leebigez Member

    Joined:
    Jun 24, 2001
    Messages:
    15,825
    Likes Received:
    796
    It tell kids what I tell my kids, attaining 100k in debt is never good. I graduated with a biochemistry degree, started teaching so I could coach, worked for halliburton for a few yrs, then out the twitch of my hand, started driving 18 wheelers. I enjoyed seeing the road and doing what I wanted, but my bigger goal was small fleet. Bought a truck a year for the next 3 yrs debt free. I didn't get new trucks, but anything under 500k miles is low milage. I make over 500k and even after fuel and paying drivers, I'm still over 100k and I don't leave the house unless I'm bored. The moral is that as long as you have passion for what you're trying to do, money is irrelevant. Also,when I talk to school kids is a degree is fine, but don't close your mind to all options even if they're not "sexy." So is law school worth it? Sometimes, sometimes not, it just depends. My nephew is adding letter to his name and racking up debt which he'll probably never pay off.
     

Share This Page