top 3% gpa?

LazyKid
Tue, 22 Feb 2011 19:55:05 +0000

^

Yes, that is what I was saying before. Anyone thinking of going to a law school ranked outside top 10, or at least top 14, paying full sticker, is out of his mind. From Stanford and Yale Law, people have been doing fine. Harvard - not so much, largely due to its large class size. Last year close to bottom third of the class at HLS failed to get BigLaw (aka they are screwed). This is arguably the worst economy in the legal industry, and hiring has been horrible.



only easy way for big bucks - if you can get the jobs - is in finance.



Big bucks - for law students, they make 160K base plus 30-40k bonus if they make BigLaw first year out of law school. This is huge sum of money. And, making BigLaw is arguably easier than making it to the Associate level at BB in finance. If they don’t make BigLaw, I agree that these law students get totally screwed over.

And, in finance - most analyst gigs last for 2-3 years, and these firms don’t keep you. This means you need to do networking like crazy, go to a top MBA, build connections, etc, to keep yourself in finance. (I am talking about BB or buy-side shops, not small boutiques.) Making big bucks in finance is actually hard as hell. Only very few make it past Associate level.

Medicine - it’s not all about the money so to speak, but some folks really want to become doctors. And, if you make it to a surgeon in a competitive field (heart surgery, neuro, etc), you make tons of money. Although, I agree that many other doctors (physicians) don’t make THAT much money.