| Topic Name: |
I am down with CHRISBAX's msgs about DEBT. Let's talk more |
| Message Name: |
Why Law School |
| Date Posted: |
04/24/2002 |
| In Reply To: |
I started the msg board "misconception, ..." and alot of what i wanted to say is written there.
But, chrisbax, i was encouraged after reading your messages to the Wharton Finance major :)someone understands my POINT!! You absolutely have the right idea. People don't use their heads when making decisions, and that's why so many lawyers you talk to today are so miserable. People end up taking the advice of academics in college who really encourage you to leverage your life without understanding the true nature of a field of practice. It's not all as glamourous as it seems. To me, the cost benefit analysis when going to a top tier 30k peryr school shows a lot more long term and opportunistic cost. So what is the best way around my situation using this philosophy while still achieving my academic, career and life goals?
i am graduating from college a yr early at 21, 3.8 summa BS accountancy. my undergrad is first tier, and the best in my state. i applied to 2 law schools: my undergrad's law school, a 2nd tier, and another third tier law school in my state. the third tier school offers a part-time evening program and costs about 5k a year. the 2nd tier costs about 25k and is only full time. both of these schools are near where i live. i live with my parents so i have no living costs staying here. I got offered a job at a law firm.
My lsat is 60th percentile, but i didn't really study for it b/c i knew i was not going to apply to top schools. but, i missed out on any scholarships w/ all the aplicants this yr.
Should I:
1.) take a year off and work full time,while i test for certifications like the CFA or CPA, take an Lsat course like testmasters and retake the lsat. then reapply to schools to get scholarships or to go to a top tier.
2.) go to the 3rd tier school part time as i work (with option to transfer to another school)
I am interested in pursuing tax/estate/and trust planning and plan on also getting the LLM to specialize. I want to eventually start my own financial planning practice. if i want a top tier name on my resume, what good of a chance do i have getting into a top tier llm from a 3rd tier, or does it not make a difference?
what would be the best thing to do to maintain my wealth?
thanks
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| Message: |
Just answer this simple question.
If you can separate the answer from financial issues then your probably on to something. People who go to law school to get rich are just foolish.
Taking a year off makes sense if you can't decide between law or accounting.
If you have a chance at a job with a firm that practices law where you have an interest, take the job and talk them into paying the tuition. If you want to practice at a different type or size of firm. Visit a firm that is of interest to you and speak with a couple of partners. Besides making the contact, thier advice will be invaluable.
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