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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...

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...

Outsourcing legal employment to India

The global market and law jobs. India’s legal outsourcing industry has grown in recent years from an experimental endeavor to a small but mainstream part of the global business of law. Cash-conscious Wall Street banks, mining giants,  insurance firms and industrial conglomerates are hiring lawyers in India for...

"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...

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...

Choosing law schools: prestige and the bursting of the BigLaw bubble

Excellent article from Prof. William Henderson of the Indiana University School of Law, analyzing the potential impact of the financial crisis (and its attendant effects on the large law firms) on the relative marketability of different law schools’ grads. Most large law firms are very sensitive to pedigree, though you...

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...

Tuition goes up while job availability goes down

And yet people keep fooling themselves into believing that a brand name diploma is worth the cost.  It’s not, of course. But you are a UMass student or alum: you’re way too smart to buy that marketing ploy line of reasoning.  You know that when it comes to...

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...

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...

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