So today Elie - in contrast to his self-proclaimed skepticism about law school - has decided to tell a disgruntled 1L who wrote in that he should stay at his "elite" law school. What a shocker, eh?
Here's the kid's basic info:
- At an unidentified "top 10" school
- At the bottom of his class despite "working really hard"
- Lost motivation and is pessimistic about his future in the law
- No great pre-law work experience
- Liberal arts major
- "Significant financial help" from parents.
(a) He picked the right parents.
(b) He got into the right school.
(c) He doesn’t have any other burning passion in his life.
(d) The worst part of law school is over.Why wouldn’t this guy finish law school? Here is a situation where there is almost no downside. Assuming he’s going to be in a position to graduate debt-free or nearly debt-free, with a degree from an elite institution, what’s the harm? He can do anything he wants after it’s over. No, idiot law school marketers, not because you can do anything with a law degree. But because you can do anything with financially supportive parents.
This is retardation at work. Let's take these in order.
(a) "Rich parents" are not a valid reason to continue in law school. Elie claims that the kid is graduating "debt-free" if mom and dad pay for the whole thing. Furthermore, he claims that this guy can go to law school for "free."
That's an outright lie. Just because he's burning mom and dad's money instead of the federal government's doesn't mean that it's now "free." If anything, I'd feel guiltier about hoodwinking my parents into paying 50k a year instead of getting the government-banking complex to pay 50k a year. Furthermore, our concepts of "debt" and "free" should be broader than whether some 3rd-tier financial institution sends you a bill after graduation. The kid is sacrificing two more years of his life, plus taking the limitations of having a J.D. on his resume. Lost opportunities are a major downside, especially for someone in their early-to-mid 20s.
And if "you can do anything with financially supportive parents," that actually counsels against staying in law school doesn't it? Or it's a neutral at best? Your parents can help you start a business, travel the world, pursue other passions. There's plenty of investment alternatives here, so even with rich parents, you have to defeat the alternatives and prove law is a strong enough investment to keep that capital invested in it.
Never mind that to be an attorney, one actually has to pass the bar exam. Depending on what "bottom of the class" means to this kid, he might find the bar exam a very difficult challenge. For example, according to Law School Numbers, at NYU 6% of bar takers don't pass on the first try. For Michigan, 8% of in-state bar exam takers did not pass in 2007. For Cal-Berkeley, 6-16% fail the"notoriously hard" California bar exam the first time around.
I can guarantee you some of this kid's classmates didn't work that hard at all. If he put in a top effort and wound up near the bottom, he's probably going to have a difficult time with the bar. At which point in time, his "top school" doesn't matter at all. Investing all that time only to find the bar exam an insurmountable hurdle (like >2% of the class often does, even from "elite" schools) is a major downside; you cannot ignore this possibility.
So the bottom line is that even at a top school, this kid needs to have the right attitude to be paying the not-so-free full sticker price.
(c) The question is not whether he has some other burning passion, it's whether he actually has a burning passion for the law. This person seems very pessimistic and burnt out. He has no motivation by his own words. If he has no motivation at the end of 1L (before spring exams, when he might have a chance to redeem his fall performance), how is he going to feel answering interrogatories at 9 pm? How is he going to do well in the next two years? How is he going to have to drive to do top work for his clients and/or his firm? How is he going to be gung-ho about finding work opportunities in his 2L and 3L years?
This student seems to have gone to law school because he had nothing better to do. That's not a good reason to stay in law school when he has no strong desire to actually practice law.
(d) The worst part of law school is not necessarily over. People like to talk up 1L year like it's some sort of boot camp, but at least in my experience, parts of 2L are worse depending on your array of classes. And at least during 1L year, any thoughts of unemployment and debt repayment are far in the distance. Try talking to a generic 3L right now and the fog of unemployment and taking the bar exam plagues them worse than even 1L exams. 1L is time-consuming and stressful, but it's a time-limited stress; once mid-May hits there's no more 1L Socratic method or harsh-curve exams. That doesn't work with debt default.
All in all, this person needs to think long and hard about the law, and if they have no honest drive to be a lawyer, they need to get out after this semester. The connections are, for the most part, already made. With "financially supportive" parents, the life reorganization won't be that bad, and new experiences can quickly wipe away the tarnish of a bad year in law school.
The loss of time and money is a major harm, Elie. To spend significant amounts of both, the student should have a positive, compelling reason for staying in law school. This student does not.
Would you personally spend $100,000 and two years of your life on something you had no enthusiasm for that had no guarantee of paying any kind of a reward down the road? Of course not, and if this didn't involve an "elite" law school, I can't believe even Elie Mystal would be so dumb as to suggest otherwise.