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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’...

New law school employment data index

The good folks at Law School Transparency (LST) have published a new index of law schools evaluating their transparency with regard to their employment numbers.  LST staff reviewed the websites of every ABA-approved law school during the first week in January 2012, and evaluated how forthcoming each school is with...

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...

Best time ever to pursue public interest law

Even though Harvard just ended its free tuition program for public interest lawyers, they, as well as many other schools, still have a very generous Loan Repayment Assistance Program (LRAP), and public interest lawyers from any law school can take advantage of the federal College Cost Reduction and Access Act. ...

"I'm a self-starter and a real people person!"

It’s the top cliché of job interviews everywhere (right up there with “I think my only real weakness is that I’m a perfectionist”), but it’s also what it takes to be successful as a lawyer.  That’s always been the case, but all the more so these...

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