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Loan repayment options

There are several repayment options to consider both before you take out loans to finance your legal education, and once you’ve graduated. As you think about these options, think too about how much you’re likely to be earning and what it will cost you to live in the...

Financing law school

Attending law school is extremely expensive. Tuition at a private law school, plus living expenses and books, can run well over $80,000 per year. Only the wealthiest students can afford to pay this amount as they go through three years of law school. Most law students have to borrow substantial amounts...

Is law school a good investment?

Given the long term financial ramifications, it is imperative that you ask yourself this question. There is no universal answer—only you can decide whether, given a number of factors, law school represents a good investment for you. Among the factors to consider are the following: Why do you want...

Private practice vs. public service/public interest

Another distinction among lawyers is between those who work in private firms and/or for companies, and those who work for government or in non-profit work.  The first type is generally referred to as “private practice” while the second is called “public interest” (or, occasionally, “public service”).  Attorneys...

Loans

Most law students finance some part of their education through loans.  This overview should help you understand the different types of loans available, and their relative advantages and disadvantages. For more information on federal loans, the US Department of Education has an extensive explanatory website. These days, students primarily...

Criteria for choosing a law school

What you’re looking for in a law school depends largely on your career goals—why do you want to be a lawyer in the first place?  But it also depends on a number of other personal factors, including geographic preferences, intellectual interests, and desired learning environment.  The...

Firm size: From solo to BigLaw

A lot of attention in the mainstream media (and popular culture) gets focused on lawyers working in large firms (often referred to as “BigLaw”).  But only about 10% of law grads—roughly 4,000 out of the 40,000 who graduated law school in 2015—enter jobs in the very large law firms (those with 500...

Working during law school

During your first year of law school, you can expect to log 12-15 hours per week in the classroom. The most often-cited benchmark for outside study time is 2-3 hours of study for every hour of class time. Please note that that figure is an average—some students will study...

Researching law schools

Once you have decided what you want from a law school, then you can begin to narrow your search. Application fees range from $50 to $90. Being selective saves you time and money. (Please note, though, that fee waivers are often available for applications.) However, don’t put all your eggs in...

Regional vs. national firms

Law firms can be either regional or local in their reach, or national or even global.  Much depends on the size of the firm, the area(s) of law in which they practice, and the nature of their clients’ industries and needs. Lawyers who work interstate or internationally must...

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