<p>Who in their right mind takes out six figure loans for law school and expects it all to be ok after graduating? $100,000+ is a huge amount people. Remember the day, when we were kids, when we asked someone to spot a $1 and thought that was a lot. Now, it’s $100,000+ and we want to make it seem like it’s nothing. The bottom line is, if you needed to borrow $100,000+ for a law school, it means that you are going into a “reach” law school and won’t do as well as if you went to a law school that offered you money. I spoke to lawyers who run great law firms about job applicants that come from prestigious law schools. They told me that prestige does not really matter as much as what you did during law school. If you come from top 5 and are ranked top 25% with decent EC but are in competition with someone from top 20, ranked in top 5% and good ECs, you’re gonna be out of luck. </p>
<p>This new two-track system is just a hint of how law firms feel. It’s not about where you come from, it’s about what you can do. No one cares if you come from the best law school in the universe if you can’t perform as well as someone from the worse law school. If you can perform, I’m sure you won’t have any problems on the partner track.</p>