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Old 07-10-2012, 10:39 AM   #58
Mpowered
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Quote:
Originally Posted by Lonewolf View Post
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...
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