Quote:
Originally Posted by Lonewolf
Think long and hard about law school. The legal profession is saturated in CA, and unless you are going to a state school, you will have 150K in loans when you graduate...
I left my firm because I got tired of the insane workload (6-7 days a week/10-12 hours a day) and crap compensation (relatively speaking).
Not trying to dissuade you, just be certain it is truly what you wish to do...
|
I'm an attorney and I'd echo this statement.
If you're looking for a 160K a year starting salary, you need to go to a top law school. Think Georgetown or better.
This is what you're facing:
A buddy of mine graduated with me and works at the same firm. He took out loans for 100% of the cost of law school. He pays 2K in student loan payments. Our take home pay is about 7K/month. 5K/month seems like a lot but after rent and expenses he lives paycheck to paycheck, billing 2600 hours a year and works 50% of the weekends.
Granted, we get raises every year and his situation will improve, but youre working a damn lot.
Just imagine if you graduate from the middle 50% of a 50ish ranked law school where your best job option will be at the DA's office where you were making half or one-third of BIGLAW...