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re: 51% of 30 year olds make more than their parents did at 30;down from 92% in 1970
Posted on 12/9/16 at 10:07 am to SabiDojo
Posted on 12/9/16 at 10:07 am to SabiDojo
quote:
Law schools, state Bar associations, and firms are just killing the practice right now.
Personally I find what Southern and, to an extent, Loyola do in terms of acceptance demographics to be borderline unethical.
This post was edited on 12/9/16 at 10:09 am
1
Posted on 12/9/16 at 10:07 am to SabiDojo
quote:
Law schools, state Bar associations, and firms are just killing the practice right now.
Yes. They are. Most of the guys I graduated with aren't even practicing and don't want to.
It really sucks, because I know a few that love law, did real well I school, and would've made great lawyers, but they got to a firm that gave them paralegal work at 80 hours a week at 45k a year with no assistance and told them maybe in 20 years they could have their own clients. So they of course said frick that and went into sales somewhere. Insurance, financial planning, compliance, etc....
It blows. The market is so over flooded with dipshits that never should've been in lawschool in the first place that firms are hiring these kids at nonexistent payscales because they can find someone to do the work, meanwhile someone motivated and driven is completely turned off to the profession all together.
It has really made me hate older lawyers and law school.
This post was edited on 12/9/16 at 10:10 am
Posted on 12/9/16 at 10:11 am to Breesus
I'd bet that 80% of the people I knew pretty well from law school bailed on law within five years of graduating. There is nothing to stop this as long as loan money is sloshing around. Professors and administrators get paid and buildings get built. I had thought that the world was wising up to this, but apparently not enough.
Posted on 12/9/16 at 10:12 am to Antonio Moss
quote:
The state bar exam has got to get harder.
bullshite. That exam is fricking retarded.
I don't know what the work around is. Higher admission standard or just less admissions all together or the bar committee reviewing every applicant before licensure, but making that stupid standardized test harder is not the answer.
Also, frick the bar exam and frick the multiple choice questions that they have in it.
Did I mention that I don't like the bar exam? I don't remember?
Anyway, frick that test.
This post was edited on 12/9/16 at 10:14 am
Posted on 12/9/16 at 10:13 am to Breesus
quote:
Are you willfully ignorant of this county? 200k a year beats 95% of this country.
Venture outside of your sheltered little life sometimes.
I know poverty far greater than many. My family growing up was middle class (teacher salary), so it's not personal experience. But my mother came from poverty. Social Security checks paid for my grandparents trailer. I have cousins I'm pretty sure are homeless. I have people in my life that are the definition of dirt poor. They treated us as if we were the stuck up rich family sometimes and my parents did not make much. I know the vast difference in incomes. I know that the times I've been lucky enough to make the money I have, that it's certainly not common. Now on my dad's side, I have some truly wealthy family. 200k as a family gets you a nice house, maybe a low end luxury car (as in bmw/lexus/maybe a Mercedes....maybe). But it's not getting you some extravagant lifestyle. I don't see it as upper class.
I don't see the classes as 33% lower, 33% middle and 33% upper. Yes 200k may be a small 6%, but it's not quite what I envision as upper class.
Posted on 12/9/16 at 10:16 am to KG6
quote:
200k as a family gets you a nice house, maybe a low end luxury car
Jesus Christ dude.
Posted on 12/9/16 at 10:17 am to Breesus
The frick??????
200k gets you half mil house / 2 50k cars / and a good bit of disposable income.
EASILY
200k gets you half mil house / 2 50k cars / and a good bit of disposable income.
EASILY
Posted on 12/9/16 at 10:19 am to KG6
quote:
200k as a family gets you a nice house, maybe a low end luxury car (as in bmw/lexus/maybe a Mercedes....maybe). But it's not getting you some extravagant lifestyle. I don't see it as upper class.
I don't know why its hard for you to admit that you are in the low end of the upper class
Posted on 12/9/16 at 10:19 am to KG6
quote:
200k as a family gets you a nice house, maybe a low end luxury car (as in bmw/lexus/maybe a Mercedes....maybe). But it's not getting you some extravagant lifestyle. I don't see it as upper class.
What do you call upper class, you dumb frick? A nice house, a BMW, and a Lexus is fairly extravagant. Upper class doesn't mean Bill Gates/Warren Buffet. There's tons of families in the "middle class" barely making rent driving around 10 year old cars.
Posted on 12/9/16 at 10:20 am to KG6
quote:
I don't see it as upper class.
Then you need to take your blinders off.
No, it's not in the top 1% or .1% among the ultra-elite, but it's most certainly upper class.
Posted on 12/9/16 at 10:20 am to Breesus
quote:
Also, frick the bar exam and frick the multiple choice questions that they have in it.
I took it before they watered it down with multiple choice. Still not difficult enough.
Posted on 12/9/16 at 10:21 am to KG6
quote:
But I know quite a few people making 200k combined. Hell, I think we did last year with bonuses. It by no means puts you in the upper class. Upper middle...yes.
In what world is top 6% "Upper Middle" on any spectrum?
Posted on 12/9/16 at 10:23 am to KG6
quote:
I have some truly wealthy family. 200k as a family gets you a nice house, maybe a low end luxury car (as in bmw/lexus/maybe a Mercedes....maybe). But it's not getting you some extravagant lifestyle. I don't see it as upper class.
Why do you associate upper class with exorbitant wealth? "Upper Class," by its nomenclature, means the higher classification of income distribution. It's not a measurement of lifestyle.
Posted on 12/9/16 at 10:24 am to KG6
quote:
don't see the classes as 33% lower, 33% middle and 33% upper. Yes 200k may be a small 6%, but it's not quite what I envision as upper class.
How do you view classes then?
Bottom 1% poor middle 98% middle class top 1% upperclass?
Posted on 12/9/16 at 10:24 am to Antonio Moss
quote:
I took it before they watered it down with multiple choice. Still not difficult enough.
The problem is that it in no way reflects your ability, or potential ability, to be a "good lawyer." It is what it is. A test. Not real world.
Posted on 12/9/16 at 10:25 am to KG6
Dude, you can live like a king in Mississippi if you're single on a 50k salary. 50k a year. If your household income is a combined 80k, you're doing much better than most.
Posted on 12/9/16 at 10:26 am to Mr Wonderful
Whoever came up with the dumbass idea of issue-spotting a thousand causes of action in two paragraphs anyways?
Posted on 12/9/16 at 10:26 am to Antonio Moss
quote:
took it before they watered it down with multiple choice.
Watered it down? You can't standardize test law questions. You just can't. It bastardizes the profession and it goes against the thought processes you develop. How do you argue both sides of the issue and demonstrate your knowledge of the law and critical thinking with a ABCD or all of the above question. That's idiotic.
This post was edited on 12/9/16 at 10:28 am
Posted on 12/9/16 at 10:27 am to Mr Wonderful
It's upper middle class to me. It's certainly a vast difference than lower middle class. But it's not the same stratosphere as a millionaire.
People have a crazy belief that you just have buckets of cash. I'm in a 300k house, have a 33k and 24k car, pay daycare, 401k, insurance, and a hefty student loan bill. I'm not living extravagantly at all and maybe save 1200 a month (and not always). Now I admit bonuses have gone down and we'll make more like 180k combined this year, but we aren't by any means rich or "upper class" . I could maybe afford a 400k house or a luxury name brand vehicle, but itshe not like I have buckets of cash to do so.
People have a crazy belief that you just have buckets of cash. I'm in a 300k house, have a 33k and 24k car, pay daycare, 401k, insurance, and a hefty student loan bill. I'm not living extravagantly at all and maybe save 1200 a month (and not always). Now I admit bonuses have gone down and we'll make more like 180k combined this year, but we aren't by any means rich or "upper class" . I could maybe afford a 400k house or a luxury name brand vehicle, but itshe not like I have buckets of cash to do so.
Posted on 12/9/16 at 10:28 am to Antonio Moss
I took the LA bar in 2011 and there were only a few MC. I think there were 20.
I took the MS Bar that following Spring. Imo, the MBE was harder than anything I took on the LA Bar. Thankfully I excel in MC questions.
Honestly, even the written portion of the MS Bar was harder than LA's.
I took the MS Bar that following Spring. Imo, the MBE was harder than anything I took on the LA Bar. Thankfully I excel in MC questions.
Honestly, even the written portion of the MS Bar was harder than LA's.
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