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I speak from experience here -- my husband stayed at his lower-ranked (Tier 2) law school because he had a scholarship, rather than transferring to a Tier 1 school. Despite graduating in the top 10% of his class, law review, etc., he was unemployed for a full year after graduating and is about to be unemployed again (the judge he clerks for is retiring). His classmates are mostly in the same situation.
The answer is always, always, graduate from the best possible law school you can. We may have less debt, but the job prospects are limited.
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