Top 10 Most Secure Jobs in 2011...Law #10

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.
User avatar
jbarl1
Posts: 563
Joined: Fri Oct 16, 2009 8:40 pm

Top 10 Most Secure Jobs in 2011...Law #10

Postby jbarl1 » Mon Nov 29, 2010 1:55 pm

A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690

User avatar
Tanicius
Posts: 2957
Joined: Sat Feb 07, 2009 12:54 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby Tanicius » Mon Nov 29, 2010 2:00 pm

jbarl1 wrote:A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690


This is "job security." Sure, once you land the job you'll probably be okay because the recession itself is no longer forcing firms under. But getting that job is the hard part. The millions of jobs in the legal field will remain - and so will the millions of people already working them.

User avatar
mpj_3050
Posts: 372
Joined: Fri Oct 02, 2009 9:59 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby mpj_3050 » Mon Nov 29, 2010 2:05 pm

I am just in the application process and am terrified of not finding a legal job. People with time in the profession are probably fairly secure but getting that first job is going to take a massive amount of effort for most law graduates - and a good number of people never will find one.

User avatar
jbarl1
Posts: 563
Joined: Fri Oct 16, 2009 8:40 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby jbarl1 » Mon Nov 29, 2010 2:05 pm

Tanicius wrote:
jbarl1 wrote:A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690


This is "job security." Sure, once you land the job you'll probably be okay because the recession itself is no longer forcing firms under. But getting that job is the hard part. The millions of jobs in the legal field will remain - and so will the millions of people already working them.


It does mention projected growth, but yes, very right you are.

User avatar
vanwinkle
Posts: 9740
Joined: Sun Dec 21, 2008 3:02 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby vanwinkle » Mon Nov 29, 2010 2:12 pm

Tanicius wrote:
jbarl1 wrote:A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690

This is "job security." Sure, once you land the job you'll probably be okay because the recession itself is no longer forcing firms under. But getting that job is the hard part. The millions of jobs in the legal field will remain - and so will the millions of people already working them.

This is well-said. And with people living longer and healthier, the recession wiping out the value of many assets, jobs being so hard to come by if you give one up, and speculation that the Social Security minimum might be raised to balance the budget, all of that adds up to a whole lot of old people staying put well beyond the traditional retirement/move-to-greener-pastures age.

User avatar
James Bond
Posts: 2349
Joined: Sun May 31, 2009 12:53 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby James Bond » Mon Nov 29, 2010 2:16 pm

vanwinkle wrote:
Tanicius wrote:
jbarl1 wrote:A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690

This is "job security." Sure, once you land the job you'll probably be okay because the recession itself is no longer forcing firms under. But getting that job is the hard part. The millions of jobs in the legal field will remain - and so will the millions of people already working them.

This is well-said. And with people living longer and healthier, the recession wiping out the value of many assets, jobs being so hard to come by if you give one up, and speculation that the Social Security minimum might be raised to balance the budget, all of that adds up to a whole lot of old people staying put well beyond the traditional retirement/move-to-greener-pastures age.


Notice how it doesn't say where the growth in lawyering will be coughindiacough :wink:

Also, isn't there a nationwide hiring freeze on Nurses? I seriously doubt they're #1

User avatar
reasonable_man
Posts: 2200
Joined: Thu Feb 12, 2009 5:41 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby reasonable_man » Mon Nov 29, 2010 2:17 pm

This seems pretty on point to me. Once you break into "the club" and land a law job and subsequently obtain some usable skills (law school provides you with NONE), then you're in pretty good shape. Its the large number of kids that will simply never break into the club due to a massive shortage of legal positions for new attorneys that have no shot at earning a living as a lawyer.

J.Straw from Wichita
Posts: 45
Joined: Fri Jul 09, 2010 4:11 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby J.Straw from Wichita » Mon Nov 29, 2010 2:57 pm

I like how legal careers are the first & only non-science/math related field

User avatar
jfb
Posts: 196
Joined: Tue Feb 03, 2009 1:26 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby jfb » Mon Nov 29, 2010 3:09 pm

Man, TLS is predictable. Someone points out a potential positive sign in the field that we have all chosen to go into and every post is dedicated to explaining why its really not positive at all.

User avatar
AreJay711
Posts: 3406
Joined: Tue Jul 20, 2010 8:51 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby AreJay711 » Mon Nov 29, 2010 3:15 pm

jfb wrote:Man, TLS is predictable. Someone points out a potential positive sign in the field that we have all chosen to go into and every post is dedicated to explaining why its really not positive at all.


It is better to be pleasantly surprised rather than unpleasantly surprised.

minuit
Posts: 611
Joined: Thu Jan 07, 2010 1:39 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby minuit » Mon Nov 29, 2010 3:20 pm

AreJay711 wrote:
jfb wrote:Man, TLS is predictable. Someone points out a potential positive sign in the field that we have all chosen to go into and every post is dedicated to explaining why its really not positive at all.


It is better to be pleasantly surprised rather than unpleasantly surprised.


I live my life by this philosophy.

User avatar
Ragged
Posts: 1509
Joined: Wed Oct 21, 2009 12:39 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby Ragged » Mon Nov 29, 2010 3:20 pm

jfb wrote:Man, TLS is predictable. Someone points out a potential positive sign in the field that we have all chosen to go into and every post is dedicated to explaining why its really not positive at all.


TLS is predictibly reasonable in taking things they see online with a grain of salt then?

User avatar
UnTouChablE
Posts: 149
Joined: Sun Apr 25, 2010 1:55 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby UnTouChablE » Mon Nov 29, 2010 10:19 pm

jfb wrote:Man, TLS is predictable. Someone points out a potential positive sign in the field that we have all chosen to go into and every post is dedicated to explaining why its really not positive at all.


Absolutely, and its an unexplainable reaction too. Every other sector sees good news and they are cautiously optimistic, good news on TLS = not really good news at all, actually it is probably bad news. Lol

Macy's hired 65000+ workers = Retail workers are skeptical because ppl are living longer [applying TLS logic to facts] lol.

Any Lawyer that wants to work past 65 is already doing so, any lawyer that is able to comfortably retire before then is retiring. There are very few lawyers watching the actions of the SSA seeing if they raise the retirement age. lol

Lets be happy, pre-ite might be coming back!!

Z3RO
Posts: 526
Joined: Thu Sep 03, 2009 11:57 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby Z3RO » Mon Nov 29, 2010 10:27 pm

UnTouChablE wrote:
jfb wrote:Man, TLS is predictable. Someone points out a potential positive sign in the field that we have all chosen to go into and every post is dedicated to explaining why its really not positive at all.


Absolutely, and its an unexplainable reaction too. Every other sector sees good news and they are cautiously optimistic, good news on TLS = not really good news at all, actually it is probably bad news. Lol

Macy's hired 65000+ workers = Retail workers are skeptical because ppl are living longer [applying TLS logic to facts] lol.

Any Lawyer that wants to work past 65 is already doing so, any lawyer that is able to comfortably retire before then is retiring. There are very few lawyers watching the actions of the SSA seeing if they raise the retirement age. lol

Lets be happy, pre-ite might be coming back!!

Image

User avatar
buckilaw
Posts: 840
Joined: Fri May 07, 2010 1:27 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby buckilaw » Mon Nov 29, 2010 10:31 pm

UnTouChablE wrote: Lets be happy, pre-ite might be coming back!! we might be able to get jobs in India overseeing doc review.


FTFY

User avatar
dood
Posts: 1639
Joined: Tue Apr 21, 2009 11:59 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby dood » Mon Nov 29, 2010 10:34 pm

...
Last edited by dood on Mon Dec 06, 2010 2:21 pm, edited 1 time in total.

solidsnake
Posts: 531
Joined: Fri Apr 25, 2008 2:08 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby solidsnake » Tue Nov 30, 2010 2:54 am

dood wrote:
jbarl1 wrote:A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690


nice, NYC to 190K


nyc to 190 was a pre-ite meme. If BIGQE2 really does fuel the next lending boom, then inflation is inevitable and we need to adjust accordingly.

NYC to 200k

User avatar
dood
Posts: 1639
Joined: Tue Apr 21, 2009 11:59 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby dood » Tue Nov 30, 2010 2:56 am

...
Last edited by dood on Mon Dec 06, 2010 2:22 pm, edited 2 times in total.

User avatar
sundance95
Posts: 2123
Joined: Wed Jun 09, 2010 7:44 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby sundance95 » Tue Nov 30, 2010 2:59 am

That link lumps lawyers' & paralegals/LAs' job markets together...

solidsnake
Posts: 531
Joined: Fri Apr 25, 2008 2:08 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby solidsnake » Tue Nov 30, 2010 3:03 am

dood wrote:
solidsnake wrote:
dood wrote:
jbarl1 wrote:A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690


nice, NYC to 190K


nyc to 190 was a pre-ite meme. If BIGQE2 really does fuel the next lending boom, then inflation is inevitable and we need to adjust accordingly.

NYC to 200k


genius bro genius


tyty

User avatar
RVP11
Posts: 2774
Joined: Tue Nov 06, 2007 6:32 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby RVP11 » Tue Nov 30, 2010 10:27 am

solidsnake wrote:
dood wrote:
jbarl1 wrote:A friend sent me this (she is a nursing student) and I was shocked to see that legal careers landed at number 10. I'm not saying I believe it or not, I just thought I would share this glimmer of hope :)


http://jobs.aol.com/articles/2010/11/16 ... ink3|26690


nice, NYC to 190K


nyc to 190 was a pre-ite meme. If BIGQE2 really does fuel the next lending boom, then inflation is inevitable and we need to adjust accordingly.

NYC to 200k


Inflation is higher than it was 10 years ago but NYC BigLaw paid the same to first years this year as they did in 2000.

DeepSeaLaw
Posts: 48
Joined: Sat Mar 27, 2010 9:48 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby DeepSeaLaw » Tue Nov 30, 2010 11:21 am

Inflation is higher than it was 10 years ago but NYC BigLaw paid the same to first years this year as they did in 2000.[/quote]

Base market salaries are significantly higher today than 10 (or even 5) years ago. Bonuses are a different story.

User avatar
RVP11
Posts: 2774
Joined: Tue Nov 06, 2007 6:32 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby RVP11 » Tue Nov 30, 2010 11:51 am

125 + 40 ~= 160 + 7.5

I'm not sure why anyone would separate salary from bonus.

What's funny is how much PPP has grown in the last 10 years.

User avatar
James Bond
Posts: 2349
Joined: Sun May 31, 2009 12:53 am

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby James Bond » Tue Nov 30, 2010 11:55 am

RVP11 wrote:I'm not sure why anyone would separate salary from bonus.


Because one is guaranteed yearly and one isn't?

User avatar
RVP11
Posts: 2774
Joined: Tue Nov 06, 2007 6:32 pm

Re: Top 10 Most Secure Jobs in 2011...Law #10

Postby RVP11 » Tue Nov 30, 2010 3:35 pm

James Bond wrote:
RVP11 wrote:I'm not sure why anyone would separate salary from bonus.


Because one is guaranteed yearly and one isn't?


I'm not sure why anyone would separate salary from bonus in this context.

Top firms in NYC paid 165k in 2000 and paid 167.5k in 2010. So first year associates in NYC are effectively being paid less now, after factoring in tax and inflation, than they were 10 years ago. The change is especially stark when you consider how much PPP has increased.

Ignoring the change in bonus size because it's not "guaranteed" (as if anything in BigLaw is guaranteed) makes no sense in this context (the comparison of how much first year associates are "worth" from year to year).




Return to “Legal Employment”

Who is online

The online users are hidden on this forum.