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What’s it worth to ya?

So there’s this raging debate in law world now about the value of a law degree.  Some law profs are arguing that it’s a million dollar degree.  Others are taking issue with that claim. Who’s right, who’s wrong, and what does it mean for...

More financial food for thought

Two more recent articles continue to paint a bleak financial picture for law world. Many recent law graduates finance their bar prep courses—and the eight to ten weeks of study post-law school with private loans.  A recent article on law.com tells how those loans are now becoming harder...

Legal careers: what to believe?

An unprecedented amount of attention is being paid to the job prospects and salaries for new attorneys, changes in the legal profession, and changes in legal education.  Much of it offers a bleak assessment of the job market for newly minted attorneys, and an even dimmer view of the cost-benefit...

And now for something completely different

Well, not so much.  Another view of just how big impact an impact the economy is having on Law World.  Only this one encourages (hopes for?) a phoenix to rise from the ashes. The silver lining, if there is one, is that the legal world may be inspired to draw...

Guest post: Recent law grad (and UMass alum) shares some tough realities

A relatively recent law grad and UMass alum (ISOM, mid-2000’s) contacted me earlier this month with a desire to share with prospective law school applicants from UMass some of the harsh realities he’s faced as a new attorney in today’s economy.  I asked him to write up...

The Future of Lawyer Hiring, Development and Advancement

NALP (formerly the National Association for Law Placement—the leading research and professional resource on law careers) is convening a series of roundtables to discuss a number of aspects of the future of lawyer training and job development.  Each panel is made up of law professors, law school deans, hiring...

The future of the legal job market

Prof. Brian Leiter of the University of Chicago Law School is one of the foremost observers and commentators on law schools.  His blog is worth following for a number of reasons, but this post in particular speculates on the future of the big law firm world.  In the comments, you’...

The job market for lawyers: what's the future?

It’s so hard to know the job market for lawyers will be like in the next few years.  The economic downturn has thrown most sectors into turmoil, and it’s anybody’s guess what will happen in LawWorld.  The received wisdom is that lawyers do well in bad times...

Guest post: Alum/recent law school grad working in tax law

Seamus Brennan graduated from UMass Amherst in 2007 with a B.A. in Political Science and a minor in History. He received his law degree from Rutgers-Newark this past May, and now works in the international tax law division of a prominent financial services firm.  Seamus recently contacted the Pre-Law Advising...

Another reality check on legal careers

This article from Ari Kaplan, published in the National Law Journal, doesn’t just analyze why so many people go to law school without thoroughly researching their choice (especially the financial impacts).  He goes further to examine some of the traits of the truly successful lawyers—and it has nothing...

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