Real Madrid wrote:Please do not turn this into an argument about nobility. You honestly believe that all - let alone the majority - wanted PI jobs upon matriculation? This is exactly why I asked you earlier why UVa (not traditionally known as a PI-heavy school) has gone from sending 4% of its grads into PI to 24% of its grads into "PI." How were students "more pressured" into big law than they are now? As far as I know, UVa still had its LRAP in place way back then for those 4% of students that wanted to pursue those jobs. No, these students are taking these jobs because they (at least for the majority) can't get the law firm gigs they want. You don't go from 4% to 24% in two years by accident.
There must be something that I am missing that is making this hard to understand. Five years ago, you go to law school, 75+% chance you make biglaw and 160K+. People were going to law school strictly for the money. People would call you crazy for going the PI route and making 40K when you could take a guaranteed 160K. Now, with only about 50% of classes getting BigLaw, their is not that guarantee anymore and their is less pressure to abandon your dream of PI work and take a guaranteed 160K. Also, as someone else previously stated, people are less likely to give up on their PI dream if they know they can do a fellowship and have a reasonable chance of getting a PI job after that. PI jobs are near impossible to get upon graduation, and the fellowships are obviously bridging that gap that exists between what PI employers want from an attorney perspective and what fresh law grads can offer. More opportunities to work in PI=more of your class that is employed in PI. It is simple.
Also, about this one little statement - half of it is true. The vast majority of them are lawyers. However, that in no way indicates that they aren't screwed. Is a 40k job at a small firm that doesn't qualify for LRAP with 200k+ in debt not screwed to you?
Your assuming these people are lateraling from PI to a small firm, when, although we don't know for sure, I'd say its a good bet that the majority of these fellowship workers get hired into PI gig, and atleast some with where they did their fellowship at.