i The Frugal Law Student | 2006 | October

Law School
Personal Finance

Don’t get rich quick. Be rich quick.

Written by The Frugal Law Student

This was a great post by Christine Kane on keeping things in perspective.

Sometimes, in my quest to make money and pay off my loans, I forget how to enjoy life. That’s why I need to read stuff like this.

Report for the Day

Written by The Frugal Law Student

The day is over. School went well. Time to give my report.

I’m happy to say that my wife and I spent no money today.

More good news. Mrs. Frugal Law Student might be getting another job at the community college. So, that should increase our income and help pay off loans.

Free Music

Written by The Frugal Law Student

When I was in high school and had a disposable income, I was a music freak. I had no qualms about buying a few CD’s a month, just so I could hear new bands. My high school days were also when Napster was at its peak.

But then something happend.

I lost interest in music.

A contributing factor was my brother lost all my CD’s while I was out of the country for an extended period. The one thing I was looking forward to coming home was my cd collection. But it’s gone.

The other factor is I don’t have money to spend on CD’s or go to shows. So, I’ve been out of the loop.

Well, no longer thanks to Pandora.com I love this site! You can start a radio station based on any song or band you like. Currently, I have Nerf Herder, The Rentals, Cake and Juanes on my stations. As the songs play, you can tell the system whether you like that song or not. The system will use that info to fine tune your selection even more to your tastes.

And the best part? It’s free! You just have see an ad on your screen and listen to an occasional one during your music stream. It beats any Clear Channel radio station.

Great Study Tip

Written by The Frugal Law Student

Chris from Chris’ Blog put has a great post on teaching others to help you learn. This is a great idea. I try to explain to my wife all that I learned in class on the way back. I figure if I can explain proximate cause or the parol evidence rule in a way that she can understand it, then that means I have a pretty good grasp of the material.

Another thing that I do is review my outline each week out loud like I were giving a lecture. I shut the door and start jabbering away. This seems to have helped as well.

What are my professors thinking?

Written by The Frugal Law Student

I found this post on figuring your teacher out by Gregory Wells Bowman, an assistant law professor at Mississippi College of Law.

Overall great advice. I particularly liked how he pointed out that figuring your teachers out not only helps do well come exam time, but it’s also training for your career outside of law school.

But more importantly, as lawyers-in-training you are entering a service profession in which your success–and hence your livelihood–will be based in part on your ability to figure out what your clients and supervising attorneys want. And while some of those people will be really easy or pleasant to work for, many others will be confusing, or difficult, or challenging in some way. But you still have to work for them, don’t you?

Great stuff. For that Professor Bowman, you’re going on my link list.

Law School Debt Round Up

Written by The Frugal Law Student

Here’s the daily round up of articles on law school debt:

  • According to a survey done by Equal Justice Works, since 1993, law school debt has increased 53%. The average law student comes out with $84,4000 in debt. That sucks.