bpolley0 wrote:Oh you mean people are interested in themselves and their own self interest? Shocking, honestly that is how any industry is and no one makes anyone else take out loan money. That was your/ other individual's choices. Anyways, sure my questions are relevant. Did you ever consider moving to a different location or doing general counsel for a business that actually helps produce goods that other people need? It is always amazing to me how people move to the east coast/ west coast for these ultra expensive degrees where rent is 3k, the taxes are ridiculous, the standard of living sucks, and here I am in Nebraska making 45k paying $340 for rent for a big two bedroom. There are multiple people at my work that are making 70K+ with law degrees from schools with 152 lsat scores. I know that is an outlier, but I am always amazed at people who go into law or any profession somehow expecting that because historically people have made X dollars that they are somehow entitled to X amount a year as if somehow Economics is completely irrelevant.
If you really don't like the situation just become a minimalist. If everyone does it it will ruin the economy,but hey atleast people can't live off of your labor right?
Like I said, the point of this thread is not to offer me advice. My rent is almost as cheap as yours, I live in an extremely low COL city. I'm already a minimalist--I would choose to be one anyway, but in most law grads' cases, it's not a choice. It's an economic necessity.
I don't think you have a proper grasp on the realities of the job market, though. To get a general counsel position at a corporation, you need about 5 years experience in Biglaw. It's basically a refuge for all the people who get Biglaw who aren't going to make partner. It's not a legitimate option for people who miss out on the Biglaw boat, which is nearly 90% of all graduating JDs. And maybe around 5,000 people per year get a Biglaw Associate job, and only 5% of these people (at best) make partner, so each year, there's probably an average of 4,750 Biglaw people either quitting or getting fired. It's this
labor pool from which in-house positions at corporations are filled.
But your response tells me that you're still not getting the picture. This thread is not about my particular situation, because my situation is not in any way unusual. And if I suddenly get something tomorrow, there's one less job left for the rest of the 100,000 un(der)employed law grads out there from the last 5 graduating classes. People can blame me, make up stories about me, attribute whatever individualized problems they can think of to me, etc., but that doesn't address the raw and basic statistics that show what the most common outcome from graduating law school actually is. The ABA stats say that only 57% of my national class got FT, LT legal jobs that require a JD. But most independent economic analysis suggests that this number is extremely optimistic--and that the real number is a lot closer to 45%. And even within that 45%, at least half of those
jobs are shitlaw jobs that pay barely more than what I'm making right now and usually require you to work longer hours under more stressful conditions. And this, of course, is simply not enough money to ever pay off your loan debt.
That's why trying to give me personal advice is pretty much useless. That's not going to change the math, and the problem here is the math itself: way too many JDs with way to much debt, and very few real opportunities. If you are an 0L following along with this thread, you really need to consider what kind of quagmire you're getting yourself into.