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Is Law School Still Worth It?

Discussion in 'BBS Hangout' started by glynch, Feb 20, 2009.

  1. glynch

    glynch Member

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    It has been so many years since I interviewed for a job out of law school and quite frankly, I got the first job I interviewed for. It wasn't highly paid, but it was very interesting to me. I only worked for about 9 months at my first job, took my clients with me and have never been an employee since then.

    I keep reading about how folks rack up huge loans and can't get jobs ,or if they do, they can barely afford to pay back their loans etc. By my estimates law school tuition in Texas has gone up about a nominal 700% since I graduated while lawyer's wages have gone up about 2 to 300% depending on the job.

    I recently ran into a local grad in Houston who got her first real job and who told me that she had been unemployed for a couple of years after law school except for alienating temporary "document review" jobs-- something I had never heard of. She seemed content enough with her current job, a nice area of the law, but I think she is pretty lowly paid to start out. She still was bitter about the previous couple of years and claimed she would not have gone to law school if she had known what was going to happen.

    I remember a thread about business school, but none about a law degree.
    Anyone have any current experiences or knowlege? O course, we hear of the NYC business type law firms laying off along with Wall Street.
     
  2. Pizza_Da_Hut

    Pizza_Da_Hut I put on pants for this?

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    Two jobs that can never get outsourced: lawyers and doctors. Trust me, it's always a good position. If you can get in, do it.
     
  3. glynch

    glynch Member

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    Actually I hear they are outsourcing some of the paper work jobs to India. Also they are supposedly outsourcing such doctor jobs as the reading of x-rays to India.
     
  4. LCII

    LCII Member

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    So you got a job after graduating from law school and now you want to go back to law school and is wondering if it's still worth it?? what??

    Or you are just asking this question for anyone who might be interested in going to law school..?
     
  5. halfbreed

    halfbreed Member

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    I'm graduating in May and I have a job lined up making good money at a firm. I got lucky in that I did most of my interviewing a year ago. People interviewing now aren't having as much luck but there will always be a market for JDs.
     
  6. Mr. Clutch

    Mr. Clutch Member

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    I have lawyer friends who seem to be doing pretty well. I think now is just a tough time for anyone.
     
  7. Pizza_Da_Hut

    Pizza_Da_Hut I put on pants for this?

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    Yes, but you still need a physician to order the tests in the states, and you still need a lawyer to rubber stamp his name on court papers. Ultimately, the way outsourcing works with those two professions the big wigs can charge as much and do less.
     
  8. rimrocker

    rimrocker Member

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    Was it ever? All my lawyer friends have aged faster, never have time to take off, can't remember their kids' birthdays, and stay a perpetual shade of pale as they never see the sun. By golly, they made partner though... and get to live in a big fancy house from 9 pm until 6 am.
     
  9. SamFisher

    SamFisher Member

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    nope the market is super over-saturated right now.
     
  10. plcmts17

    plcmts17 Member

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  11. Yonkers

    Yonkers Member

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    Yeah, but I think that's the point. If you're already a lawyer or doctor then you can be the one ordering the test and rubber stamping the document. But what if you're just coming out of school and the job you would have 'earned your stripes' with are now outsourced?
     
  12. Sooner423

    Sooner423 Member

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    That's always been my view on it. Life is about being happy and spending time with family and friends and making them happy. It's not a competition of who can make the most money, because, in the end, what is money really?
     
  13. SamFisher

    SamFisher Member

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    I have a bit of experience with legal outsourcing and can tell you that you get what you pay for - the quality of overseas work on a substantive level is pretty shoddy. You either have to give out very low-level tasks that are barely above data entry, or you have to give paintstakingly detailed instructions and have a constant onsite presence either in person or virtual - and at the end there's no guarantee you won't get back a shipment of FAIL.
     
  14. glynch

    glynch Member

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    Reminds me of an old joke: "What does Friday afternoon mean in a big law firm?" Ans Only two more work days till Monday morning.
     
  15. Dr of Dunk

    Dr of Dunk Clutch Crew

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    This sounds pretty much like outsourced work in IT... hmm... hehe.
     
  16. twhy77

    twhy77 Member

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    I'm in first year right now. Quite honestly, if you are at a lower tiered school; then I think you're going to have a world of hurt. I worked my butt off to go top 20 and I should be fine, but I'm going to finish w/ 100K in loans. Starting jobs now with the big firms in big cities are starting at 140-160K. To me that's still worth it.
     
  17. glynch

    glynch Member

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    Well, my son is applying right now. I hate to pay the big bucks and also hate to see him go into big debt.

    Good luck, twhy77.
     
  18. Yonkers

    Yonkers Member

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    That's pretty good pay for starting out. Even so, be prepared for 80 hr weeks. Yikes.
     
  19. DonnyMost

    DonnyMost Member

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    Law school is worth it if you're good enough to place in the top quarter, or sometimes ten percent, of your class.

    Otherwise, you're kinda boned if you're not in the T14
     
  20. bejezuz

    bejezuz Member

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    Not everybody who goes to law school is in it for the money. Personally, I love my job, and I make less than I did before law school. I'm also over 100K in debt even though I went to UH. I'm broke but it was worth it for me.
     

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