Pros and Cons of Cornell

<p>I don’t want to go into too much personal details, and nor should you.</p>

<p>I postponed my enrollment at my law school, for one year or max two years.</p>

<p>It had something to do with finances, but more to do with economy. Right now is terrible time to attend law school, since law firm hiring got slashed. I expect within 3-4 years, things will pick up. There are many kids from Harvard or Columbia Law who struck out at law firm jobs last few years and now are unemployed with crap ton of debt. I am trying to coincide my law school attendance with better economy to get a good law firm job.</p>

<p>Also, I am enjoying some time off school and working in a decent job that I decently enjoy. </p>

<p>I honestly am not in love with becoming a lawyer, but attending a top law school is a good credential to pursue. Top law schools open doors to elite law firm jobs, elite management consulting jobs, and even elite finance jobs. Many ex-BigLaw lawyers go into high finance. Hell, the current CEO of Goldman was a lawyer who leveraged his connections he made while working at a law firm to get into GS. Also, firms such as McKinsey, BCG, Bain, Oliver, and Monitor all recruit at top ten law school for associate positions. (these firms don’t even recruit at Cornell undergrad)</p>

<p>Needless to say, most of lawyers don’t actually like being lawyers. However, I figure going to a top law school is a nice credential to pursue and can open a lot of doors down the road for lucrative careers. Lastly, my career decision is none of your freaking business.</p>

<p>LazyKID, you do realize that you are arguing about the finance ( specifically IB, S & T, ie front office) world with, not a TOOL, but a very successful professional working in the field for 20-25 years? (The years are a guess, but I know it’ s many more than a few.) </p>

<p>To suggest you possess as much or more knowledge of this industry based on hearsay from your friends is ridiculous.</p>

<p>Supply and demand dictates prices ( and salaries). That is what rules things in capatilism. Government regulations obviousely have an impact. There is much regulation in the fianc</p>

<p>Seriously, give it a break oldfart and stop trolling. This was never about IB or finance but rather your personal vendetta against lazykid. You may be 60 years old or whatever but you still have some growing up to do.</p>

<p>norcalguy - exactly, this thread was never about IB or law school, but every thread lazykid comes on it becomes about IB or law school. At some point it can’t be all about him. I have nothing against lazykid, except when he comes on to CC posting about something he knows nothing about, belittling current Cornell students, and making degrogatory remarks against URMs. I could be 80 or 100, but I will not read something like that and let whoever get a pass. I will also not put up with name calling, and you are crossing that line.</p>

<p>I probably could have eased off a bit due to “my age.” But this has always been the case with kids, it is perfectly fine for someone younger to be disrepectufl to someone older, but when we stupe down to your level then we should act more like our age. Why? Most of you are over 18, legally adults, what makes it acceptable for you to interact with anyone in such a disrespectful way? Because this is WWW internet and no one would know who you are?</p>

<p>Norcalguy… I just lost some respect for you after reading post #103. You are either having a bad day, week, or whatever. It was out of line and in poor taste.</p>

<p>Oldfort…You are always extremely helpful and very knowledgable in the information you post. I have actually passed some of your posts on to my sons over the last couple of years since I have no background in their chosen careers.</p>

<p>Lazykid…I have found many of your posts to be rather derogatory toward Cornell and the students. I don’t really understand the point that you are trying to make by commenting in such a negative way. We are all sorry if you were not happy at Cornell but you are not representative of the Cornell alumni who look back on their experiences at Cornell with fondness. Not all Cornell alumni have the bitter feelings that you so often display on this forum. Most of the people my sons graduated with are all doing very well in the job market, and are either employed or have started med, law school, or other graduate work. I don’t understand why you are hanging on to the bitterness, other than life so far has not gone the way you had hoped. I hope that changes for you because if you carry that bitterness that is all you will continue to present to the people around you. I am not just speaking about your career but your personal life as well. People like to be around positive and upbeat people…and they could see miserable a mile away.</p>

<p>Jeez, community college students, URMs, investment banking, law, finance, trolling… this thread has it all.</p>

<p>Uhm yeah, this thread is getting a little bit too personal.</p>

<p>I think we can all step back and, if nothing else, agree that I am a complete and utter tool.</p>

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<p>Oh please. I’ve been on this forum long enough to see oldfort’s posting pattern. Despite her 20+ years of IB/finance experience, she spends all of her time attacking lazykid for what he may or may not know, not to mention proceeds to post his entire life story (how creepy is that?). She gets on him for posting about a topic he doesn’t have experience with?! I didn’t know you actually needed to be an investment banker to post about IB or a Cornell student to post about Cornell. What about her dozens of posts on law school admissions? What a hypocrite. By her definition, you should stop posting about Cornell since you didn’t actually attend yourself.</p>

<p>For the record, I don’t think anything lazykid has posted in this thread is out of line or inaccurate. Not everyone have had those IB/finance experiences but plenty of people have. In fact, I have heard the same things from my friends who are analysts. Certainly, he did not deserve to be attacked (which oldfort repeatedly does every chance she gets). It was a pleasant exchange until she decides to butt in her nose in an inflammatory way. Like I said, GROW UP. I would say that I lost some respect for oldfort, but I never had any to begin with. It’s really sad to see a parent representing herself this way.</p>

<p>I would welcome you to pull up my posts about law school admission, they were disputing some data and people’s impression of law school admission policy. It wasn’t just Lazykid’s. It became heated because of his believe that he was absolutely correct. It would be like for me to say that I know exactly how Cornell or any school admit students because I had 2 kids who went through the process. With thousands of posts on CC, debating on what it takes to get into top tier schools, none of us have THE answer. It is not surprising that LazyKid wouldn’t have THE answer about getting into law schools either. </p>

<p>Even with my many years working in IB, I wouldn’t say I know about all the ins and outs of the business. I only give my view of my own experience. It used to be a lot simpler, there were only American firms, and it was much easier to know how those firms operated, how they paid people, and their training programs. It is a lot more global now with many foreign firms competing for business. They all operate differently.</p>

<p>I cringe whenever people post about the hours and the pay in IB. Posting of unrealistic pay only mislead people to get into it for the wrong reason. Posting of insane hours and short span of career are also doing a disservice to the business. I see postings of what are the BB firms (MS, GS, JP…with absolutely no foreign firms) people want to get into, anyone in the known would not necessary agree with that. You look at where the offsprings of IB CEOs are working, they are not necessary working at American firms.</p>

<p>What people are reading on this thread is very much of a cleaned up version. The name calling and rudeness didn’t come from me. I am one for cutting a lot of slack to young/new employees at work because I have my own kid who is just starting out. I have debated with some students on the Cornell board. We didn’t always see eye to eye, but most of them were very mature, were able to state their points very clearly without resorting to name calling. It is what a top tier school suppose to teach you, isn’t it?</p>

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[quote]
Supply and demand dictates prices ( and salaries). That is what rules things in capatilism. Government regulations obviousely have an impact. There is much regulation in the fianc</p>

<p>Wow this thread is ridiculous. Glad I wasn’t following it closely.</p>

<p>^^Haha # 111. Someday, not on this thread because it is not what this thread is about, I would love to discuss the rhetoric you espouse about the finance world. </p>

<p>Again, not on this thread.</p>

<p>^^^I was tempted to reply to that as well, but like you, decided it was not worth it on this thread.</p>

<p>‘Thankfully, the industry paid a heavy price for it and now has more regulatory oversight to protect us from their ignorance moving forward.’</p>

<p>Good heavens, I really did laugh out loud at this one…</p>

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No worries. No need to discuss. I was just clarifying the facts. Sometimes the defense of family or career can cloud objective assessments. </p>

<p>Have a nice week!</p>