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Posted: Sun Mar 07, 2010 11:01 pm
by toaster2
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Re: Signs of hope?

Posted: Sun Mar 07, 2010 11:05 pm
by Nom Sawyer

Re: Signs of hope?

Posted: Sun Mar 07, 2010 11:19 pm
by toaster2
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Re: Signs of hope?

Posted: Sun Mar 07, 2010 11:21 pm
by Nom Sawyer
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

Re: Signs of hope?

Posted: Mon Mar 08, 2010 4:36 am
by HITeacher2
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