The world is changing...even here in Israel, without any debt, salaries for law school graduates are extremely low and it is very hard to land a job even at that, a real struggle. On another note, the hi-tech and startup jobs are extremely good, huge demand, good salaries.
Burdened with Debt, Law School Graduates Struggle in Job Market
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Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#12Who questions the use of central banks? Their purpose, their market intervention in setting the price of new money and creating debt?
Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#13Who questions the use of central banks? Their purpose, their market intervention in setting the price of new money and creating debt?
FX traders, economists, ratings agencies
Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#14Irony not called out in the article: Despite poor job prospects for law school graduates, LSAT tutoring still pays well.
Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#15Irony not called out in the article: Despite poor job prospects for law school graduates, LSAT tutoring still pays well.
If people in the bottom half of the law school class are using LSATs, it's a waste and they should stop.
The top half of the class is still doing okay.
Of course, everyone thinks they are in the top half.
Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#16Earlier quoted context omitted.
Why would you think that those with a STEM undergraduate degree would do better than those with an arts background? I think you can extract potential benefits from any degree which could serve you well in practising the law. Take History for example, where you're taking different interpretations of the past, and concocting arguments in support of a particular interpretation, which is similar to what you will be doing…
One high profile barrister in the UK commented that a good lawyer has some elements of being a good actor.
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Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#17The starting salaries of Law School Graduates in the US has become distinctly bimodal:
Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#18What is needed is law school graduate employment numbers broken down by undergrad degree. I would think those who have undergrad in some STEM would be doing better than those with no technical background.
STEM fields are not immune to globalization, crowded market places, etc either. According to The Atlantic:
"Far from offering expanding attractive career opportunities, it seems that many, but not all, science and engineering careers are headed in the opposite direction: unstable careers, slow-growing wages, and high risk of jobs moving offshore or being filled by temporary workers from abroad."
http://www.theatlantic.com/education/archive/2014/03/the-myt...
Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#19Before 2008 universities treated law schools as cash cows. It was not uncommon for a tier-2 or tier-3 school to open up a law school to make some money for the rest of the place. (Incidentally, the role has now been taken by schools of pharmacy.)
Where is the interview with a law school dean of a non-top-10-school, i.e. with a person who continues to perpetuate the misery?
Re: Burdened with Debt, Law School Graduates Struggle in Job Market
#20ProTip: Don't go to law school. Society is already awash with lawyers, who, beyond their functional purpose, quickly represent a corrosive and corrupting impact on society. Lawyers are like algae, if you don't make sure the conditions keep it in line, it will bloom and suffocate all life in its self destructive zeal.