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re: Interested in Law School? Employment Numbers

Posted on 4/23/14 at 1:10 pm to
Posted by Cajun Revolution
Member since Apr 2009
44671 posts
Posted on 4/23/14 at 1:10 pm to
For the record, I've always had a slight interest in law school but never thought it was a practical career choice with amount of income vs. debt ratio unless you were going IVY league or another prestigious school.

What I never understood though was the point of people going into law school without a central focus on specializing in one particular area (as much as you can) and focusing whatever electives you have to that end.

For instance, if I was going into law school right now I'd specialize in tax law, IP law or some other niche that a large portion never specializes in.

That's the only way I can see you getting a return besides selling out and ambulance chasing or opening up your own shop in a small-medium size town.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
43261 posts
Posted on 4/23/14 at 1:12 pm to
I 100% never went without a full ride.

Going to a non-T20 school and racking up 200k+ in debt for law school is crazy talk unless you are top 10% or have some serious connections.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12271 posts
Posted on 4/23/14 at 1:23 pm to
quote:

For instance, if I was going into law school right now I'd specialize in tax law, IP law or some other niche that a large portion never specializes in.


Most people don't figure this out until they are in too deep. Additionally, it is near impossible to know what niche you want to practice in law school. Very few people are exposed to all the different areas of law in their clerkships or classes. And classes are much different than clerkships. I thought I'd like being a litigator. The practice of litigation is far different than what I learned in the classroom. I never would have thought I would rather be a deal lawyer. But here I am and I would much rather be a deal lawyer than a litigator.

So, yeah, if you know what you want to do within law, you'll have a leg up. IP and Tax are good niches to be in right now. But they aren't for everyone.

Going to an Ivy League school for law school is probably better in terms of job security after law school, but the debt is far greater coming out of Harvard than it is LSU (typically), so you have to take that into consideration as well. There are dozens of other factors to consider, as well, which I won't get into, but as a general proposition, you aren't wrong.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
432072 posts
Posted on 4/23/14 at 1:32 pm to
quote:

For instance, if I was going into law school right now I'd specialize in tax law, IP law or some other niche that a large portion never specializes in.

the problem is those classes are tough, and most law school students are more concerned with padding their grades-stats
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