Admit it. The law profession has had a lot of prestige attached to it ever since you can remember. Remember how in awe you were when the local attorney came to lecture at your elementary school? What’s more, there’s something authoratative about lawyers. You love how Nancy Grace, Star Jones and Midwin Charles used to take center stage and every time there was a big story, you waited to hear their opinions.
But is the profession still worth it? “It” as in the six-figure debt?
We’ve been coming across so many articles of late from The New York Times to the Wall Street Journal, to independent sources.
The Wall Street Journal recently had a mind-opening article about how dire things are for law schools. Less and less students are taking the LSATs. Recent graduates are having a hard time finding jobs and those whom are landing positions at law firms, are not earning the hefty salaries that past graduates have! But the most shocking revelation highlighted by Chelsea Phipps in the Wall Street Journal article was that things are looking so dow, even for the top tier law schools that they are willing to haggle with students for scholarships!
One of the things that Phipps points out during her commentary is that the top performing students are not applying to law school, which insinuates that the students that most law schools will end up with, will be sub par applicants.
Wonder if as a result of this law school student famine, if in later years there will be a law school boom?
Are you among those who had their minds set on becoming a lawyer, but as a result of the lackluster prospects of life post-graduation, are opting for other pursuits?