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legalg

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  1. Just to clarify when you say this.. that would be 100k in debt prior to law school, or 100k total after graduating law school? And also, out of those people that graduated with 100k+ in debt but didn't go into Bay Street, what did they end up doing? I would be genuinely okay doing something else as a lawyer even if Bay St. didn't work out, but I don't want to get to a point where I wouldn't be able to make the monthly student loan payments. My family is in a pretty bad situation, economically-speaking. I would be okay not having a ton of money, but still enough to pay down debts within a reasonable time-frame (5-10 years), support them a bit if I can, and have some disposable income left. I've heard of people not even getting articles within a year after graduation, and that's an absolutely scary notion. Based on the Ultra Vires numbers, the only school that has better Bay St. placement rates is UofT. Osgoode and Queens are at the same level as Western. I don't honestly think I could get into UofT, even if I rewrote the LSAT. Writing the first LSAT was already stressful enough, I'd really rather not do it again, with no guarantee that I could get the high 160-low 170 needed. And let's say I did get into UofT, that's way more expensive (tuition-wise) than Western would be, meaning I'd be taking on much more debt than I would with a Western law degree. Similar story with U.S. schools. Even if I could get into one, they're really expensive compared to my current options.
  2. I've been contemplating about this for a while, and I figured I would post in here to get some other opinions. So right now, I'm about $70k in debt from previous school. I've already been accepted into Western and Ottawa, and I've wanted to be a lawyer ever since high school, really. But, reality has hit when taking into consideration the amount of extra debt I'd have to take on. Of course, I'd do everything in my power to minimize debt, but realistically I'll probably end up with around $130k in combined debt when everything is done. I'd essentially have to take on a biglaw or bust mentality. I thought this wouldn't be a huge problem for me, as my undergrad degree is in business, making corporate law my initial plan anyway. But, after reading and learning more about how people get hired -- through the in-firm and OCI process which focuses on "fit", I'm really starting to question whether I'd actually make it through. I'm a pretty introverted person, and while I'm working on improving my conversation skills, I don't think I'll ever get to the point where I'm a life of the party/social animal type, and I get the sense that is what's required to succeed at that process. Plus, then there's the whole "lawyers go through a lot of stress" thing -- which I personally didn't mind too much. I always figured I could work in biglaw for a few years, grind it out, then move into an in-house role with more manageable hours. But, to know that you could be in the top half of your class and still end up without a job is kind of discouraging. Hell even if you're in the top 10%, no guarantees since firms hire on fit. Thus, I'm thinking about a few different options: a) Defer law school for a year. I do think, based on financial reasons, I would have a reasonable chance at convincing the admissions committee to do this. This would give me the chance to evaluate more deeply what I want, allow for a destressor after university, give me some time to improve my social skills, maybe get into some hobbies and volunteer. I would hopefully be able to secure a job in marketing, which could pay anywhere from $40-55k. I should be able to put probably around 70-80% of my post-tax income towards debt, especially since I'm living at home. There's obviously the chance I don't though, and I become screwed in 6 months when I have to start paying back Doug. I do have some ECs, but only one solid internship in the field. Plus, part of me does want to start law school now, and I feel like I'd also be disappointing everyone around me. Including my parents, friends, and also myself. I got into a really competitive program, and I'm throwing that away? I've gotten so close to this and I have no idea why I'm questioning this decision that I was 100% for when I was studying for the LSAT. 2) Go to law school. Like mentioned before, I've always wanted to be a lawyer. I feel like the job itself for the most part would be a good fit, and more suited towards my skills/preferences in a job. To be honest, just based on overall descriptions of it I feel like it's the one "high-paying" profession I could actually stand -- being able to give legal advice and solve big problems within the context of the law sounds like fun. Hate math and science, so STEM isn't really an option. Plus I enjoyed the high school and undergrad courses I've taken in law. Oh, and overall there could be some lost earnings if I go to law school anyway the next year, as odds are I would be making more as an articling student than I could in marketing. Anyway, I am really interested to hear your thoughts. Any advice or opinions on where I should go would be very much appreciated.
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