Ranking by $100k + Job Prospects

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Re: Ranking by $100k + Job Prospects

Postby kdw94780 » Thu Apr 15, 2010 7:06 pm

Aberzombie1892 wrote:
kdw94780 wrote:
MidlawMyth wrote:
kdw94780 wrote:Where are you getting these numbers? Are they factoring in the recession? They look also to me too low. For example. If the median for a school like Vandy or WUSTL is 100,000+, then that means at least half their students make 100,000+.


Think of it this way:

Let's assume Vanderbilt/WUSTL place 70% into law firms.

Let's assume that US News data has both of those schools median private salary at $100,000.

That would mean that roughly 35% of their classes had jobs of $100,000+.

*This example was based on randomly assumed data solely for proving a point.

****I hereby disclaim all warranties, implied and expressed to the statistics provided. Implied warranties disclaimed include, but are not limited to, the implied warranty of merchantability and implied warranty of fitness for a particular purpose****

TLS and Vandy have their median private salary listed as $145,000...

I dont recall WUSTL's median, but according to data from their website. The upper quarter is $160,000...of course this pre-recession data.

Anyway, I'm kind of over with 0Ls' hypothetical unless there is real data presented.

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Re: Ranking by $100k + Job Prospects

Postby flying_squirrel » Fri Apr 16, 2010 6:04 pm

I have absolutely no real data and never claimed to base it on real data. I simply posted this thread to try to determine what schools would be worth the investment if I were to play the odds. What do you guys think is the best measuring stick?

I'm glad that most people think my #'s are way to low, but it is hard for me to believe simply because you hear hundreds of stories (all over TLS and outside of TLS) of Law School students struggling like hell to find a job.

In addition, I don't fully trust the numbers self-reported by law schools because there is really nothing that regulates what they report. Secondly, all of that is old data that represents the past before the economy tanked. I'm simply trying to forecast the future by gathering people's opinions.


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Re: Ranking by $100k + Job Prospects

Postby rando » Fri Apr 16, 2010 6:28 pm

You are better off low-balling on estimates like this anyway. For people relying on NLJ250 data as an accurate predictor, they are in for a huge disappointment when the next round of numbers come out that don't oversubscribe by including first years that got deferred or canned.

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