Ok, first off- put any idea of transferring programmes out of your head. SOAS and the other University of London colleges ostensibly allow transfers from the 'External Programme/International Programme', but I only knew one girl at SOAS law who did that and came in the second year. Outside of that, they really have no established transfer scheme even for within the University of London, and few other law schools will even entertain the idea at all as far as I know. I tried to transfer out of SOAS after first year and found that even with two firsts and two 2:1s, SOAS faculty wouldn't write a letter of recommendation because it would make the school look bad and no other U of L law school would accept me on to the second year. Kings and LSE were going to admit me, but only as a first year. I wasn't keen on essentially starting from scratch, so I stuck around at SOAS. Big mistake, because the next year got worse.
As for life at SOAS, the horror stories are true for the most part. It's really the last 'old school' style school of law left. At SOAS, you get a reading list, get a few lectures (they get cancelled a lot for some reason) of varying value (first year we had a nice young Bajan guy whose lectures were utterly worthless), a weekly tutorial that can be valuable, and are pretty much on your own from there on out. The faculty really make no effort to engage students outside the lecture hall and really offer no solid advice on anything even if you ask. Favourites are chosen and get a leg up, but don't bet on being one of them. I spent a lot of time trying to get a moot team coach and 3 years latter hadn't managed to do anything except get yelled at and told to bother someone else. It's very bureaucratic and not student-focused at all. Faculty are all brilliant researchers and highly regarded but terrible teachers frankly. Actually, about 1/3 are terrible, 1/3 are kinda hands off but decent and about 1/3 are ideal and helpful. The administration sucks hard, too. That being said, having survived the SOAS pressure cooker made by Kafka, I came out with a better writing ability, theoretical understanding of the law and advocacy skills than anyone else. But that's only because I had to try so hard to essentially do nothing but wrong with these people. Seriously, they enjoy torturing students there.
Anyway,
I spent a lot of time on the moot circuit and have a decent bearing on the quality of other law faculties in London. City is a very good, but very generalist school, but thanks to its GDL & LPC course and acquisition of the Inns of Court Law School 25 years ago, it has a good alumni network. It's a little boring TBH, but that isn't a bad thing. In truth, neither is Westminster Uni, another one which I'd hold in the same high regard. They might not be special, their faculty might not be the most brilliant, but
both more than make up for this with good law review activity, pro bono societies and excellent moot/advocacy work outside of modules. That stuff goes a long way in building a CV, honing very valuable legal skills, and making contacts. ***You don't want to be left alone to your own devices to do either.***
That there is the best advice I can give you. Also- why do you think Queen Mary is low-ranking? As far as I'm concerned, it's the best law school in London. UCL coasted on having Dworkin on the letterhead and LSE never shuts about how amazing Greenwood was when he *used* to teach there. Queen Mary has a huge student body (all together and especially in law) so if you can be a big duck in a big pond, you have it made. Every module imaginable, it's there. Anything to do outside the class to build skills is there too. The masters programme is probably the biggest in the country, not that an LLM is worth a damn to lawyers except for maybe foreigners. Career outlook isn't much better than SOAS is you go by the numbers, but it's at least got a good brand and is widely known thanks to its size. The neighbourhood isn't so good, and I lived in that corner of London for three years with QMU students, but the filth and grime grows on you. Although I understand that gentrification has ruined the lower-class vibe of everything in Mile End/Whitechapel high street between Bow and Aldgate. Too bloody bad.
In fact, QMU is ranked just behind Oxbridge here:
http://www.theguardian.com/education/ng-interactive/2015/may/25/university-guide-2016-league-table-for-law . I would go with the Gruniad on this and heavily consider the schools based on the employment outcomes in the far right column.
So, as for my advice. If you can get into QMU for law, I would seriously advise you to take that offer and stick with it. City is not a bad choice either, nor is Westminster or most of the other big London law schools. You are correct to be concerned about career outlook and the brand of the uni given the high fees now. SOAS is very poorly known and is not well represented in big City law firms. I understand recently the faculty at SOAS made a few calls to Clifford Chance to sell the advantages of the school and get more students into their pipeline. But I suspect that typical SOAS favouritism ********e plays some role in this, so if you're from the right Somali or Pashtun tribe, you'll earn some points and people will magically take a shine to you, but if not... Other than that, you will achieve much intellectual growth at SOAS law even if you have a bloody well miserable time doing it. You'll be better than anyone else even if you have nothing to show for it except debt and the dole. The choice is yours.
Good luck to you nonetheless.