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Wisdom from the financial aid panel

Summary of panelists’ presentations from the recent workshop on law school financial aid issues:What kinds of financial aid are available?Need-based aid (mainly Stafford loans, up to a Congressionally specified sum, currently around $20K), private loans, and merit-based aid.What forms do I fill out to apply for need-based...

ABA Legal Opportunity Scholarship

The American Bar Association Legal Opportunity Scholarship Fund offers up to $5000 a year to law students attending ABA-accredited law schools.  The Fund is “intended to encourage racial and ethnic minority students to apply to law school and to provide financial assistance to the scholarship recipients.”  Applications are now available online...

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...

No joke: More on law school employment numbers

Yesterday, I might have fooled some of you with my “LSAT waiver” prank, but today, I am forced to be serious again.  It’s about those post-grad legal employment numbers.  “Bleak” continues to be the best word to describe the job market for new lawyers, and it’s...

“Worst job market yet”

That’s the headline for the latest legal employment report from NALP, the Association for Legal Career Professionals. Reporting on the Class of 2011’s employment 9 months after graduation (February 2012), NALP found that Only 85.6% of graduates (for whom employment status was known) were employed Only 65.4% (of those for whom the employment...

You don’t need to commit just yet

If you’re like most applicants, you are unaware that LSAC recommends law schools adhere to certain “best practices” in the admissions process. Even though they’re not binding, the guidelines set out what you should generally expect from admissions officials as you navigate this process. At this time of...

Why I’m happy UMass Law got accredited

If you’ve followed this blog, read even a little of my website, or just seen a few of the depressing articles I’ve linked to on Facebook, you know I’m not an uncritical booster of law school and legal careers in general.  In fact, I’m pretty...

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...

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...

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. ...

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