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Law school applicants surge 13%, biggest increase since dot-com bubble

reuters.com

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Re: Law school applicants surge 13%, biggest increase since dot-com bubble

#291

Post by verst »

throwaway675309 wrote: post #274
verst wrote: post #70

Earlier quoted context omitted.

Being mathematically inclined and having worked in software for a decade+ I'm also very good at understanding the complex laws and nuances for international travel in the age of COVID. I'm about to visit 3 countries and from my own research I feel like I'm the world's expert on the congressional bills and executive orders of these countries now (I'm only somewhat kidding) By the way, I'm a liberal arts graduate (but…

"I'm a liberal arts graduate (but majoring in math and comp sci and minoring in music)" ... if you're majoring in math... you're not a liberal arts grad. I personally minored in music composition (with a masters in CS) but I wouldn't describe myself as a liberal arts grad.

I went to a liberal arts college - I don't think most people on HN are familiar with US liberal arts colleges. I have a B.A. degree because no B.Sc. was offered. Lots of requirements for courses outside one discipline or major field of studies - much more so than at non-liberal arts college. Generally liberal arts colleges only offer undergraduate degrees. They also generally do not have research faculty - teaching is the core emphasis.

And the entire ethos of my school was about internationalism and utopian thinking, certainly not about doing real world practical things or even making money.

So liberal arts graduate is still accurate for me.

Re: Law school applicants surge 13%, biggest increase since dot-com bubble

#292

Post by 310260 »

x86_64Ubuntu wrote: post #195
310260 wrote: post #183

Earlier quoted context omitted.

Yes. Because STEM degrees have perceived economic value and liberal arts degrees don't. That does not mean liberal arts degrees are useless. It is, at the very least, short-sighted to think so. I majored in comp sci but I'm not gonna sit around and pretend every aspect of culture and humanity can be solved by my engineering work...

Once again, your point hinges on "unseen value" of liberal arts. People in STEM, including the trades, don't have to do such shell game tactics.

Are you a robot or something? Finding value in the arts isn't a "shell game tactic". That's just weird to think.

Re: Law school applicants surge 13%, biggest increase since dot-com bubble

#293

Post by google234123 »

sizzle wrote: post #276
wayoutthere wrote: post #128

Earlier quoted context omitted.

Starting for partners is $300k at a big four but that does not include equity grants or profit sharing. It also rapidly climbs from $300k, especially if you can make it past the first 3 years. A senior partner with 10+ years as a partner can pull down $20M+ a year easily and would be a candidate for C-suite jobs basically anywhere if they decided to leave. But making it into the partnership is more about playing poli…

How do these firms make so much money to pay these eye popping amounts?! Are these the firms that do lawsuits against companies on behalf of a wronged client, client gets peanuts and “lawyer” fees eat up the sizable chunk of amount awarded in $xx,000,000+ cases?

20m is not normal. Look here, the top law firm makes 5m profit per partner https://en.m.wikipedia.org/wiki/List_of_largest_law_firms_by...

Re: Law school applicants surge 13%, biggest increase since dot-com bubble

#294

Post by sizzle »

flavius29663 wrote: post #283
sizzle wrote: post #282

Earlier quoted context omitted.

The demographic you refer to are renters because their debt to income ratio is not sufficient for a mortgage. After going to law school, having to scrape by and pay back student loan debt + HCOL rent is how you are entering your adult life with a law degree. Your entry level salary is still depressed relatively speaking to an entry level software dev in HCOL area. If your spouse is not the breadwinner you are in trou…

I still fail to see the reasoning here. Most other young professionals are in the same boat: debt out of college, smallish starting salaries, renting, HCOL areas. Lawyers have higher salaries than most other professions, though. They are 10% better paid than software developers. We have a huge amount of really well paid developers in SF, Seattle and NYC, and lawyers still have a higher median salary. https://www.bls.…

Thanks I see where you are coming from. All things considered you can make a great life out of a law career if you are driven and motivated, like you said the ceiling is much higher for law than general population jobs

Re: Law school applicants surge 13%, biggest increase since dot-com bubble

#295

Post by HPsquared »

ethbr0 wrote: post #81
cudgy wrote: post #67

Earlier quoted context omitted.

Or most software developers.

Software developers make the world a better place. Unfortunately, most of they ways in which they do so were already done in the 70s. It's just repeating that work in more modern languages / stacks.

That may be true, but the same could also be said about plumbing.

Re: Law school applicants surge 13%, biggest increase since dot-com bubble

#296

Post by rnotaro »

kaydub wrote: post #133
rayiner wrote: post #78

Earlier quoted context omitted.

Law is a well paying profession in general, insofar as many can make high five figures and low six figures. That’s good money for real life. You’re correct that only a relatively few people make the kind of money people think lawyers make, and the profession is highly segregated by education. Most people at my law school (northwestern) went on to a big firm job with a salary of $200k rising to $500k after 8 years. A…

> useless undergraduate degree Pretty narrow thinking of a liberal arts degree. As someone that works as a software engineer with a liberal arts degree I've found a lot of my STEM degree holding peers to be lacking considering my expectations and all the high and mighty talk about STEM degrees.

Replying here since the other thread is archived.

Magento is not cloud based. It's a self-hosted e-commerce platform.

Adobe is really pushing for their cloud solution since they purchased them but the core is OpenSource and still maintained.

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