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re: For future lawyers

Posted on 3/5/11 at 1:43 pm to
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 3/5/11 at 1:43 pm to
Unfortunately, at least with respect to the current climate, the most intellectually stimulating and highest-paying jobs for lawyers are outside of the scope of traditional law practice. I am thrilled about this personally. I call this unfortunate, though, because the vast majority of law students are either oblivious to this fact, in denial, or have no other area of competency outside of law practice (however, even this is a stretch as law school hardly makes one "competent" enough to practice law).

I think legal academia is beginning to realize this, although it will be a very slow, very controversial process before anything meaningful is done about it. A legal education has many applications. The thought processes and analytical skills you learn in law school are second to none. However, with the huge glut of lawyers, simple supply and demand dictates the greatest opportunites will continue to be found elsewhere, outside of the scope of traditional practice.
This post was edited on 3/5/11 at 2:13 pm
Posted by FunkyTiger
New Orleans
Member since Nov 2009
1207 posts
Posted on 3/5/11 at 1:53 pm to
RSBR, I know you're wanting to deal with finance, what is your BS in? What field are you trying to break into? Think being a "lawyer" will help that, and no not the skills, but the title?
Posted by TortiousTiger
Baton Rouge
Member since Jan 2007
12668 posts
Posted on 3/6/11 at 12:35 am to
quote:

Unfortunately, at least with respect to the current climate, the most intellectually stimulating and highest-paying jobs for lawyers are outside of the scope of traditional law practice. I am thrilled about this personally. I call this unfortunate, though, because the vast majority of law students are either oblivious to this fact, in denial, or have no other area of competency outside of law practice (however, even this is a stretch as law school hardly makes one "competent" enough to practice law).


i both agree and disagree. There are plenty of options a law degree gives you in different managerial capacities.

It also creates a lot of hurdles in breaking into such positions. I think in order to capitalize on such opportunities, most of the time you have to be considered X first, lawyer second.

That being said, tons of CEOs are lawyers. There was a story the ABA did not too long ago, CEO Esq. Interesting read.
This post was edited on 3/6/11 at 12:35 am
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