I am a 1981 Hastings grad. Sadly, my advice to applicants is to seek admission to schools other than Hastings. When I attended, Hastings was consistently a top 20 or even top 15 nationally esteemed law school This was principally due to the Hastings 65 Club of distinguished, retired professors. The amount of academic research and scholarly publications was astounding. And many faculty members were teaching both at Hastings and Boalt Hall.
Fast forward to today, and the situation for Hastings grads is bleak. I stopped trying ten years ago to get Hastings grads into Federal Judicial Clerkships, something that I did and that Hastings, at that time, had a full-time faculty member arranging. That was the virtue of being near the court buildings. Now, even UC Irvine or Davis grads are considered better candidates for Federal Clerkships.
In the employment market, I have had had my own firm for 30 years, but I have never seriously considered a Hastings grad. In the past decade or so, the teaching quality has seriously eroded after Chancellor and Dean Kane retired. Frankly, you will be much better prepared at another UC school in terms of knowledge of the Common Law, research ability, and in business law, my area, Hastings is not even competitive.
If you can get into Hastings you can likely get into Davis or Irvine, and I would take those in a flash. I hate to say this, but with Hastings' perennial rankings having plummeted, I don't think this is going to be reversed, given the glut of new lawyers coming into the market.