BeachandRun23 wrote:Veyron wrote:MTal wrote:BeachandRun23 wrote:Plus this title is misleading. "Awaits many of you?" Most of TLS is going to T14 schools and I'd say another large portion is going to top 30 schools. There is a huge difference between top 30 schools or T14 schools (possibly with lots of $$) and people who go to TTTT schools at sticker in enormously oversaturated markets.
Bottom half of all but the T3 are effectively shut out of biglaw. That is the only job (apart from IBR doing PI, which is even MORE competitive than biglaw) which will allow grads to make a dent in their loans. The alternatives are shitlaw (pays 35-60k for 60 hour weeks) or getting out of the legal profession entirely.
TBF, 60k for 60 hour weeks would be pretty good with no loans or the tax catastrophe at the end of IBR.
x2. 60k is a good salary, especially if you dont have any loans or only have a small number. I think you just have to smart with where you go (dont go to a T30 at sticker..etc). Some people seem to feel like making 160k is owed to them and any less than that and this is some kind of scam.
Plenty of people go to college and pay 50k? 100k? 150k? for four years of education. They graduate making 30-40k a year (if they can find a job) and you dont see everyone advising you to avoid going to college.
Be smart, dont go to a TTT/TTTT unless its damn well close to free or you have connections and this problem wouldve been solved a long time ago.
ITE, you will be extremely LUCKY to get 60k. Many T14 grads are working in shitlaw, hustling for PI cases making 35-40k with no benefits, or doing doc review in the crowded basements of big firms.