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toaster2
Posts: 69
Joined: Wed May 13, 2009 11:55 am

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Postby toaster2 » Sun Mar 07, 2010 11:01 pm

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Last edited by toaster2 on Tue May 25, 2010 1:42 am, edited 1 time in total.

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Nom Sawyer
Posts: 933
Joined: Sun Jun 14, 2009 1:28 am

Re: Signs of hope?

Postby Nom Sawyer » Sun Mar 07, 2010 11:05 pm


toaster2
Posts: 69
Joined: Wed May 13, 2009 11:55 am

Re: Signs of hope?

Postby toaster2 » Sun Mar 07, 2010 11:19 pm

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Last edited by toaster2 on Tue May 25, 2010 1:44 am, edited 1 time in total.

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Nom Sawyer
Posts: 933
Joined: Sun Jun 14, 2009 1:28 am

Re: Signs of hope?

Postby Nom Sawyer » Sun Mar 07, 2010 11:21 pm

toaster2 wrote:
Nom Sawyer wrote:http://www.wallstreetoasis.com is that way ---->
there is a very real and relevant connection between growth in the financial sector and growth in the legal sector.


separated by a very real and relevant time lag in economic trickle down effects that will kick in just in time, based on the way OCI works, for the class of 2017 or so.

lol, in truth that is good news, just probably won't affect us too much. still nice to hear about tho

HITeacher2
Posts: 78
Joined: Mon Apr 20, 2009 9:00 pm

Re: Signs of hope?

Postby HITeacher2 » Mon Mar 08, 2010 4:36 am

Sounds like a pretty good sign of hope for MBAs, not necessarily JDs. In any case, the data on the recession has shows that this has been a "poor-man's recession" - unemployment is highest among those who earn minimum wage, and the higher the salary, the lower the unemployment.

For six-figure salaries, unemployment is on par for what should be expected in a regular economy: the 4% or so that comes from people leaving and entering new jobs. If you can break into the six-figure market (whether it's with a JD or an MBA) you're probably gonna pre pretty set.

Proof can be found here: http://www.clms.neu.edu/publication/doc ... s_of_U.pdf




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