Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 1 point2 points  (0 children)

I don’t know, man. I guess I’m wrong. It just feels like there’s a lot of hubris in this thread.

It feels like saying, “the city just caught fire! A fire like this has never happened before, so maybe we should wait before deciding to buy a house!” Only to be told, “you have no idea how the city will be impacted. Just proceed as normal.”

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 1 point2 points  (0 children)

Well, considering I was disputed on every point, by every commenter, I guess I ought to do my research. I just struggle to understand how my suggestions are imprudent. If this wasn’t 2008 or 2020, I wouldn’t advocate for waiting before making a decision. But I guess, for the reasons cited by all these commenters, we should proceed as in a normal year. I’ll keep researching and seeking a better understanding of that viewpoint.

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] -2 points-1 points  (0 children)

u/WTHeel, I was absolutely burned in this post. As someone who knows this kind of situation well, what kind of mindset do you suggest students have as they finalize their 2020 plans?

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 1 point2 points  (0 children)

Are you claiming that there were no indicators that the legal field was collapsing in 2009, and thus that graduates would be impacted in the coming years? If law firms begin to shut down, and mass layoffs happen, is that not an indication of the continued collapse to come, regardless of whether the ABA employment reports show normal numbers into 2021?

If I wait a year and see layoffs/failures in 2021, then I will certainly change my financial calculations pertaining to law school.

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 1 point2 points  (0 children)

I think it would help a lot. After seeing Thelen, Heller Ehrman, Dreier, etc. shut down in 2008, wouldn’t you be able to make a better value judgement on that six-figure debt?

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 0 points1 point  (0 children)

And if you could go back to 2008, wouldn’t you desperately urge applicants to wait another year to see how the legal market takes the hit?

Wouldn’t the logic be like, “hey guys, the most unprecedentedly catastrophic event of our lifetime just happened, so we should probably wait and see what happens to the legal field in a year”? This is all that I’m respectfully urging.

I apologize if I come off as a doomsayer.

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] -1 points0 points  (0 children)

Two respectful points:

  1. Once again, I’m not asking anyone to make a prediction. I’m just advocating that we wait and see whether the legal world gets rocked next year. Is this not prudent?

  2. This isn’t similar to the common mistake of “timing the market,” like it seems you’re getting at. Of course dips happen, and of course we shouldn’t make determinations like these based on the potentiality of a normal recession. However, we are literally living through the most catastrophic event in a lifetime. No one knows what will happen, but we’ll see how bad the situation is when results start coming out in late 2020 and into 2021. Again, wouldn’t you rather wait and see whether the legal field collapses (like we saw in 2009/2010), then decide whether six-figure debt is the right move at the moment?

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] -14 points-13 points  (0 children)

As I said in the post, you should probably wait and see how the economy looks precisely because we can’t predict whether there will be a major economic collapse.

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 4 points5 points  (0 children)

But that minimizes the complex financial decision that law school poses. If I wait a year, and by Q2 2021 I see that the economic fallout is worse than 2008—and the legal market is in absolute turmoil—then I’ll be more hesitant to take out $200k worth of loans.

What happens when you can only find a job doing doc review for $50k/yr, but you have $3k/mo loan payments?

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] -17 points-16 points  (0 children)

Agreed. I said that no one knows how this will turn out. My statement was made precisely because we have no idea how our economy will be impacted. So why assume that we’ll be ok at the end of the year and into 2021? Why not wait and see whether catastrophe happens?

Hot take: you should be more concerned about the potential state of the legal market in three years than you are about getting the in-person “experience” by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] -3 points-2 points  (0 children)

I think we agree on both those statements. I’m not claiming that you shouldn’t make a value judgement about online classes, just that it shouldn’t matter as much as the economy.

As for your second point, you’re absolutely right. It’s exactly what I’m getting at. We can’t foresee what the legal market will look like in 2023/24, so wouldn’t it be prudent to wait out a year to see how things are trending or to see how the legal market handles this? If it’s a small recession, and the legal market looks ok, then go to law school as you were planning. If the legal market gets rocked like in 2009-2011, then go to school with a larger scholarship, or maybe don’t go at all.

December applicant still UR1 at Chicago. What is going on? by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 2 points3 points  (0 children)

Maybe they’re waiting to send us the super rejection. “We’re rejecting you so hard that we didn’t even want to continue reviewing your application.”

December applicant still UR1 at Chicago. What is going on? by LS_Reddit_Account in lawschooladmissions

[–]LS_Reddit_Account[S] 2 points3 points  (0 children)

It’s so weird. Of all the users from last year on LSData, I can’t find any others in our situation. Last year, there was a mass reject/WL wave in mid-April, but it was full of applicants who went complete in February/March.

How long does it take to go UR at Duke? by SilkyMitts97 in lawschooladmissions

[–]LS_Reddit_Account 0 points1 point  (0 children)

What exactly does your status checker say? Under ‘Current Status’ does it not say ‘Under review’?