<p>IMO, as a rough "rule of thumb," LSAT and gpa account for about 80% of LS admissions outcome. 10% rely on things over which the candidate has little control--URM status, legacy status,"access to power" status, geography (being from Wyoming may help at Harvard and Yale; being from California will help at Berkeley), developmental cases, etc. Only about 10% of the outcome is dependent on other soft-factors. These include the quality of your personal statement, the LORs you get from profs, work experience, etc. </p>
<p>IMO, a lot of the folks who get in and are in the bottom quarter of their LS in terms of incoming stats have things in the category over which you have limited control--they are minorities, legacies, development cases, geographically assisted, "access to power" cases, etc. (If the son or daughter of the Attorney General of the US or the Solicitor General or a Supreme Court Justice, the governor of a state, the chair of the House Ways & Means Committee, etc., applied to LS, I suspect (s)he'd get a bit of a boost. So, would anyone who played an important role in a major political campaign and could get a great rec from a political VIP for that reason. ) </p>
<p>I think it would be a VERY generous estimate to say that half of that bottom quarter or one-eighth of the class had none of those characteristics. Of the half that doesn't, one heck of a lot will have done Peace Corps, Teach for America, and other public service type things or served in the military--which is also public service--for at least two years. </p>
<p>Of the remainder, there are the "story" cases. The OP is not sufficiently different to be a "story." Story is Elizabeth Wuertzel, the author of Prozac Nation and other (less well-received) books, who got into YLS with a 160 LSAT, according to the NYTimes. Story is the the guy who spent six years in prison for drug dealing, came out, successfully fought the effort to deport him to the nation where he was born but left while under a year of age, went to college, and lead a successful campaign to get the state in which he lived to let ex-cons vote. Story is the woman who was a union organizer for 15 years--well, she had 5+ years of work experience--who decided that she really needed a law degree to fight union busters. Story is the young woman who was Miss America and went to HLS--for all I know, she had the stats; I don't claim to know them, but being Miss America surely made her application stand out! Story is the professional opera singer, who lost his voice, tried to collect disability and was unable to do so who became an expert on disability law. Story/celeb is Sean Farrow, only bio child of Woody Allen and Mia Farrow, who graduated from Bard with a 3.9 or so at the age of 16, but reputedly only scored a 163 or so on the LSAT. (He was urged to and did defer several years.) Story is the guy who played pro-football, but was injured his first season--and who may have had the LSAT, but who had a little low GPA, earned while he was playing DI football on a top 25 team well enough to be drafted by the pros. Story is the guy who played pro-basketball in Europe for 5 years--well, that's work experience too. Story/celeb is the guy who was the drummer for a top rock band, who hit 30 and decided his rock days were over. (Also WE). Story is the guy who sold out his half of a very successful business for $10 million because he wanted to go to something else. (I think he actually had the stats though.) </p>
<p>I'm not saying the OP won't get into a top 14 LS if he gets a 170. He might. I'm just saying that a part time business while attending college run by a finance major isn't going to help much. </p>
<p>Please note that NOTHING I've written here contradicts what Marny's "insider" said. I just don't happen to think that a part-time business run by a finance major is going to be much of a boost.</p>
<p>I apologize for the book. I've written it in large part because I think "ordinary" college students who want to go to LS have to understand that if they don't have the numbers, other things just aren't going to make up for it. So, the best advice I can give the OP is to get his gpa up and rock the LSAT.</p>