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I feel bad for the paralegal, because she had to be around attorneys all day.
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Jan 15, 2015 20:01
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Elotana posted:Boutique firms are fun! The duke boy thanks you every day.
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Jan 15, 2015 20:02
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Abugadu posted:He believed himself to be in the possession of "Federal Weightlifing Secrets", that other people were desperately trying to squeeze from him. What agency would even be in charge of something like that? Health and Human Services? Hold on, I've got to fill out a FOIA request.
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Jan 15, 2015 20:09
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Hot Dog Day #91 posted:I feel bad for the paralegal, because she had to be around attorneys all day. She's voluntarily going to law school and deserves nothing but scorn and hatred.
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Jan 15, 2015 20:19
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blarzgh posted:The worst kind of laws are the ones named after someone. "Bill"
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Jan 15, 2015 21:06
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Have any of you used a home equity loan or homeowners line of credit versus student loans? I have above average credit, and from what I can tell, my interest rate would be about half of what it would be compared to student loans, and create a payment of $283 versus $742 on $75K borrowed over 15 years. EDIT: I have no mortgage payment, car payment, or other credit debt, so it seems pretty manageable. My monthly expenses are basically food, gas, utilities, insurance, and I sock away about $400 a month away for property/school taxes.
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Jan 15, 2015 21:19
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Holy poo poo do not pay for law school with home equity. Edit: If you haven't gone yet. As for using it to refi, I dunno man, do whatever.
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Jan 15, 2015 21:27
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Toona the Cat posted:Have any of you used a home equity loan or homeowners line of credit versus student loans? I have above average credit, and from what I can tell, my interest rate would be about half of what it would be compared to student loans, and create a payment of $283 versus $742 on $75K borrowed over 15 years. The only problem is that you wouldn't qualify for IBR or forgiveness with a home equity loan.
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Jan 15, 2015 21:30
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But you can declare bankruptcy and lose the house and the debt!
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Jan 15, 2015 21:36
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Hot Dog Day #91 posted:But you can declare bankruptcy and lose the house and the debt! yaaayy!!!...... ..
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Jan 15, 2015 21:38
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If I owned a house and my only serious expenses were socking $400/mo for property taxes, the last thing I would do is go to law school. Law school is for when you realize you're never going to buy a house off the earnings from your BA, not for after you buy a house off the earnings from your BS or BBA.
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Jan 15, 2015 21:58
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I had a post a few pages back about refinancing student loans. My conclusion was that if they're government student loans it's a bad idea to refi them because you lose the safety net that IBR/PAYE/etc provide you and over the lifetime of the loan don't lose all that much in the extra interest payments. You're basically paying extra interest for the insurance of knowing that, if you lose your job or take a big pay cut or get injured, etc., your loan payments go down to zero and you can still survive. Plus you have the 10 yr public interest option. If you're really worried about the extra long-term interest you'll be paying at the higher student loan rates, you're better off just dumping more money in every month and paying the loan off more quickly. How much are you thinking of refinancing? (Beware of upfront fees that eat everything you'd otherwise save in interest) EDIT: Toona, are you thinking of paying off extant loans via a HELOC or refi? Or are you thinking of going to school and trying to figure out how to pay for it?
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Jan 15, 2015 22:02
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CaptainScraps posted:The only problem is that you wouldn't qualify for IBR or forgiveness with a home equity loan. Not to mention whatever loan repayment assistance program your school might have, I imagine.
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Jan 15, 2015 22:02
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mastershakeman posted:She's voluntarily going to law school and deserves nothing but scorn and hatred. No she's not, she's going to John Marshall.
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Jan 15, 2015 22:03
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Elotana posted:- Nobody is allowed to delete or move things on the file server. Someone deleted a bunch of folders a while ago and nobody noticed until more than a month later, past our rolling backups. If you want to delete or move any files, you get duplicate signatures from the office manager and a supervising partner who do it for you. Gah! Let me introduce your partners to the concept of file access permissions. My IT service rates are reasonable, but still a lot more than my legal rates - which are apparently worth precisely $0 per hour.
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Jan 15, 2015 22:15
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Kalman posted:No she's not, she's going to John Marshall. Hey John Marshall was one of our greatest presidents
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Jan 15, 2015 22:15
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Careful, that Equality Power Friend is going to come back and poo poo all over us for being flippant about school rankings.
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Jan 15, 2015 22:38
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Rankings, how quaint.
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Jan 15, 2015 22:49
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The Warszawa posted:Rankings, how quaint. When you're ranked #1, nothing else matters?
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Jan 15, 2015 22:53
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Hot Dog Day #91 posted:When you're ranked #1, nothing else matters? Yale has switched to its own trinary ranking system: High Yale, Yale, and Fail.
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Jan 15, 2015 22:56
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MoFauxHawk posted:Yale has switched to its own trinary ranking system: High Yale, Yale, and Fail. We call it Yale Plus now after people shortened HY to "hile"
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Jan 15, 2015 22:57
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The Warszawa posted:We call it Yale Plus now after people shortened HY to "hile" We had a similar problem at Northwestern when our school tried separating our grades into "C" and "Not-C." Also, here's a cute comic I just saw on Reddit: 
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Jan 15, 2015 23:09
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The Warszawa posted:Rankings, how quaint. Hmmmmm
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Jan 15, 2015 23:11
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Arcturas posted:I had a post a few pages back about refinancing student loans. My conclusion was that if they're government student loans it's a bad idea to refi them because you lose the safety net that IBR/PAYE/etc provide you and over the lifetime of the loan don't lose all that much in the extra interest payments. You're basically paying extra interest for the insurance of knowing that, if you lose your job or take a big pay cut or get injured, etc., your loan payments go down to zero and you can still survive. Plus you have the 10 yr public interest option. The latter. My house is paid off, which is why I figured that I can use that instead of loans. Honestly, I could make minimum wage and my wife's income can pay the bills and taxes.
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Jan 15, 2015 23:18
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Just get a minimum wage job then.
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Jan 15, 2015 23:26
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Toona the Cat posted:The latter. My house is paid off, which is why I figured that I can use that instead of loans. Honestly, I could make minimum wage and my wife's income can pay the bills and taxes. At UCDavis, you can get a masters in beer making. Not only is that more awesome, cheaper, but you'll actually get job and not hate life.
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Jan 15, 2015 23:29
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nm posted:At UCDavis, you can get a masters in beer making. Not only is that more awesome, cheaper, but you'll actually get job and not hate life. Not when his wife divorces him for being that rear end in a top hat who's gotten really into making beer.
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Jan 15, 2015 23:33
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MoFauxHawk posted:Not when his wife divorces him for being that rear end in a top hat who's gotten really into making beer. It is different when you get paid for it. Those guys don't make it at home (also most of them work for bud.)
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Jan 15, 2015 23:36
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Toona the Cat posted:The latter. My house is paid off, which is why I figured that I can use that instead of loans. Honestly, I could make minimum wage and my wife's income can pay the bills and taxes. If you want to just spend money frivolously there's an infinite amount of better choices to make.
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Jan 15, 2015 23:37
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mastershakeman posted:If you want to just spend money frivolously there's an infinite amount of better choices to make. For the price of law school, you can get a lightly used ferrari. That would be way better.
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Jan 15, 2015 23:39
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What's the highest amount of law school student debt anyone's aware of (at graduation, so no interest piling up while on IBR). I have a few coworkers who got out at 200k+ but there's got to be some breaking 300k, and if you include undergrad you can probably push it to 400. Could buy a pretty sweet ride for that. I absolutely believe that there's students in NYC/Chicago/wherever else that paid 50k sticker + another 50k a year in living expenses - 3k a month apartment, dining out constantly, etc.
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Jan 15, 2015 23:43
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Why on earth would anyone go into debt that much willingly? I mean, I'm looking at 50-70k total and thinking that's a lot.
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Jan 15, 2015 23:47
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Toona the Cat posted:Why on earth would anyone go into debt that much willingly? I mean, I'm looking at 50-70k total and thinking that's a lot. You're also looking at giving up your paid for house to enter a dying profession.
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Jan 15, 2015 23:54
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Folly posted:Gah! Let me introduce your partners to the concept of file access permissions. My IT service rates are reasonable, but still a lot more than my legal rates - which are apparently worth precisely $0 per hour.
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Jan 15, 2015 23:56
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Hot Dog Day #91 posted:You're also looking at giving up your paid for house to enter a dying profession. Touché.
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Jan 16, 2015 00:03
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nm posted:It is different when you get paid for it. Those guys don't make it at home (also most of them work for bud.) As though breweries are clambering up towers to grab recent beer-making masters graduates. Chocolate City Brewing here in DC just closed last month. The market is saturated. Don't get that master's!
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Jan 16, 2015 00:06
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Hot Dog Day #91 posted:You're also looking at giving up your paid for house to enter a dying profession. Unless you want to be a divorce attorney. We'll be around forever. "Don't go, no jobs, die alone. Unless you're a family law attorney. Then you're going to die alone and early." This gives me an idea. Roger your privileges are reinstated if you add in the family law attorney exception listed above.
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Jan 16, 2015 00:07
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The Warszawa posted:Rankings, how quaint. Oh, did you go to Yale Warszawa? I'd forgotten because you went two whole posts without mentioning it
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Jan 16, 2015 00:07
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The Warszawa posted:We call it Yale Plus now
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Jan 16, 2015 00:07
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I think SV's a little jealous. 
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Jan 16, 2015 00:23
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