## Can Someone Explain the Stats in Law School Transparency???

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Splitter710

Posts: 2
Joined: Wed Oct 05, 2011 8:14 pm

### Can Someone Explain the Stats in Law School Transparency???

I posted a couple weeks ago with a different question about LST in comparing schools, but now I have a question with just straight stats.

When LST says that x number of known graduates from a school make \$y at median, does this mean that 50% of grads that report an income make that much money or more?

Hypothetically, if the 25%/med/75% numbers are 100k/160k/160k, and 54% of the graduates of 09 have a known salary in a class of say, 500, does this mean 135 kids make 160k? (135 by finding 54% of 500 (270) and then halving that to represent the median)?

I'm sorry if this is a dumb question, but I'm pretty far removed from math classes and am trying to make sense of the information.

minnbills

Posts: 3252
Joined: Thu Sep 02, 2010 2:04 pm

### Re: Can Someone Explain the Stats in Law School Transparency???

Yeah the 25/50/75 figures LST lists is for graduates whose salaries they know and can report.

So, if 50% of the class reports salary info, and the median is 100k, then 25% of the class is confirmed to be making 100k or more.

LST has a note right under the 25/50/75 figures where they hell you what percentage of the total class that figure represents.

Hope that helps.

PinkCow

Posts: 786
Joined: Wed Oct 13, 2010 2:03 am

### Re: Can Someone Explain the Stats in Law School Transparency???

Not necessarily. It only means that 54% are known. Of the remaining 46%, the salaries could be high, low, or across the board. We don't know, and that's why the stats are fundamentally misleading. Some schools are much worse than 54% (like median of 100k with 15% reporting).

The less that report, the more useless the stats are. Plus, the general thought is that people who don't get a job (or get a crappy one) are less likely to report, so the true stats are likely slanted lower than what is shown by the reporting portion.

thelawyler

Posts: 901
Joined: Wed Apr 13, 2011 9:00 pm

### Re: Can Someone Explain the Stats in Law School Transparency???

It does but I think you should be looking at those stats as a glass half empty and not one that is half full.

23402385985

Posts: 413
Joined: Fri Feb 04, 2011 2:44 pm

### Re: Can Someone Explain the Stats in Law School Transparency???

The way to really utilize the site, IMO, is to look at the amount reporting salary. The more reporting, the rosier the school begins to look.