JohannDeMann wrote:Obvi 9 month rate of emplyoment gives a good glimpse into the nature of things relative to other schools by establishing a universal benchmark. However, youd be foolish to judge a lifetime investment at the 9 month mark.
So it's easy to see when you compare outcomes that Northwestern beats John Marshall at the 9 month mark based on employment and salary and can thus gage Northwestern is a better school. But judging whether John Marshall is worth it according to those stats will lead to some pretty terrible valuation analysis. Since we graduated people who were unemployed or doing doc review at the 9 month mark have climbed the ladder to govt jobs, big firms, establishing the firms they opened to biglaw equivalent salaries, or just networked within small law and received significant pay bumps. Or they've progressed in JD advantage jobs much faster than anyone else because of their JD etc. At graduation median salary was def like 50k. 3-4 years out its at least 80k and probably 100. More importantly, everyone is getting in their groove and working in jobs they like.
The numbers are useful again to gage schools against each other, but I think the numbers are really deceptive when considering the overall value of a law degree.
JohannDeMann wrote:My guess for why everyone talks about it is because its only available data point. Judging law careers based on 20 year outcomes of people that graduated in 1990 is dumb because today's legal market is completely different and probably impossible because no data. At this point the only data for law school outcomes is the 9 month marker after graduation and anecdotal evidence of graduates 2010 or later in their jobs today. And only one of those is readily available.
Edit - also, this board really lacks graduates of TTTs, so the T1 and T14 grads/students tend to talk about what they know which is the 9 month data instead of the 2, 3, and 4 year graduate stories which they don't know because they don't know 300 TTT grads.
JohannDeMann wrote:Did you go to a T3 or are you talking out of your ass? Competition at T3s is a joke. I'm not talking pseudo T3s like Hastings that are actually T50ish schools where people that work hard may go. Actual T3s the library is empty after classes end. People don't hardly ever try including 1L year. The number of people studying past 5pm 1L year is under 20%. The number of 3Ls or 2Ls studying at all is under 20% also. The only people that gave a fuck are law review peeps. I put in 40 hour weeks 1L year and never missed a class and got like a 3.6. After that, I worked so I skipped lots of class and never put in more than a 10 hour week. Maintained GPA. I was def one of the hardest workers at my school.
So the "law school scam" is a scam in and of itself? The legal labor disparity is merely an inefficiency? You can half-ass your way through any law school, miss out on a couple more years of unrealized biglaw wages, but after 2-3 years you're right back in the thick of things pulling down 6 figures? I don't mean for this to come off as incredulous. I'm just curious.
As one of the hardest working people at your T3, you got straight into legal employment but you know literally hundreds of other T3 grads who didn't work as hard, were unemployed for 2-4 years, but then somehow settled into 80-100k+ salaries? I'd be bitter af if I were you.