blsingindisguise wrote:niederbomb wrote:I
If the media published an article quoting a bunch of jobless T10 grads, then I think more people on this board would take notice. I do, however, have a hard time believing that a graduate of an Ivy League (or equivalent) university in ANY field would remain jobless for long. After all, couldn't you always take your Columbia JD (or better, JD/MBA) to China and find something?
Forgive me for being skeptical, but I am open-minded, and I am willing to hear from jobless T10 grads if they exist. I really don't want to hear about anyone's T2-T4 sob stories. I have no sympathy whatsoever for you. You're an idiot if you attend anything other than a T14 or the top school in your state.
Well, I don't need your sympathy because I have no debt and a job I like. However, I have heard plenty of stories about T10 misery. Of course it's not as bad as for T2s, but it's not what it used to be either. I worked with a bunch of interns from Columbia and there was a law review student who was shut out at OCI. A friend from NYU who graduated a few years ago told me that most of his friends from law school are already no longer practicing, either because they were laid off or because they were miserable. I've certainly seen articles that quote unemployed T10 grads.
Ultimately I still find it hard to believe a top school degree is a terrible investment too, with the caveat that more than ever you have to know why you're going and be prepared for grueling work that is in no way sexy or interesting. Your "take it to China" quote was kind of adorably naive so I won't bother responding to it. Just go in understanding that for most students even at T10 schools, the options are going to be biglaw or a handful of govt agencies and non-profits, and that there's a not insubstantial risk of unemployment on graduation, or if not that then early career layoff or burnout.
Not in my personal experience.
Why so limited? My state (Texas) is full of a range of small to mid to large firms. If I go to UT or a T14, why couldn't I choose what I want? If Houston or SMU graduates are still getting ANY jobs (some of them are), then I should be fine going to a higher-ranked school.
I know a local lawyer who claims that recent law school grads don't have jobs because they unduly limit themselves to certain kinds of jobs. They won't, for example, choose an in-house job at a small company for $50,000 with the possibility for infinite upward mobility. Everyone expects to be making six-figures at a law firm doing glamorous work right after passing the bar, and some of them won't settle for anything less.
In reality, a plurality of lawyers don't even practice law. It's not the "JD" that gets them good opportunities. It's a prestige of the school that confers it and the school's broader network. That's his opinion. I don't know how the system works, but I expect the school name itself can open more doors than some egg headed egalitarians realize.
Am I missing something? I have the option now of going to UT tuition free or a T7 (hopefully half-ride). I'm going to turn it down....to teach History?
I really want Big Law Chicago. I am (rightly) quite worried here.
From the article:
The University of Texas School of Law, long regarded as among the nation's top 20, estimates the employment rate for 2010 graduates is down about 10% to 15% from last year.
That's still a nearly 80% employment rate. And it doesn't say how long the bottom 20% of the class stays unemployed. What's the unemployment rate for History doctorates?