Recent Grads

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Recent Grads: What compensation range do you fall into?

Poll ended at Sun Aug 21, 2011 1:34 am

$160K
23
27%
$150K
2
2%
$140K
2
2%
$130K
0
No votes
$120K
2
2%
$100K
4
5%
$90K
3
4%
$80K
2
2%
$70K or less
22
26%
Still Looking
25
29%
 
Total votes: 85

User avatar
Renne Walker
Posts: 546
Joined: Sat Jan 29, 2011 2:12 am

Re: Recent Grads

Postby Renne Walker » Thu Jul 28, 2011 6:04 pm

IrwinM.Fletcher wrote:Perhaps Renee should check out the UVA thread.

vamedic03 wrote:
jazzyjeff wrote:So in light of worsening employment prospects, even at UVA, do you guys think attending at sticker is a bad idea?


There's been no indication of worsening career prospects. People are going off the deep end in the legal employment forum.

I have yet to see anything that indicates c/o 2013 has it any worse than '12, '11 or '10.

From what I read on the UVA site, there is no reason to super-size the panic button.

User avatar
Kendi
Posts: 97
Joined: Sat Jun 25, 2011 4:00 pm

Re: Recent Grads

Postby Kendi » Sat Aug 13, 2011 10:15 am

Hard to say if the outcome of this poll is good news or not. 36% earning over $100K, I would think is encouraging but not great. 35% earning $100K or less, with the emphasis on $70K and less. . . .how good is that? Since people say that for every 45 grads, there are only 30 jobs, then the 28% still looking is better than expected.

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Grizz
Posts: 10583
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Re: Recent Grads

Postby Grizz » Sat Aug 13, 2011 11:25 am

This poll is not goodbye bad news because it is utterly meaningless

User avatar
Kendi
Posts: 97
Joined: Sat Jun 25, 2011 4:00 pm

Re: Recent Grads

Postby Kendi » Sat Aug 13, 2011 6:09 pm

I looked at several threads today and applicants are receiving plenty of callbacks and offers. Even the law-school-recruiter declared that he was swamped. Other than the poll only has a small sample, what part is meaningless?

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Moxie
Posts: 665
Joined: Thu Aug 06, 2009 3:27 pm

Re: Recent Grads

Postby Moxie » Sat Aug 13, 2011 8:01 pm

Kendi wrote:I looked at several threads today and applicants are receiving plenty of callbacks and offers. Even the law-school-recruiter declared that he was swamped. Other than the poll only has a small sample, what part is meaningless?


The better question is 'what part of this poll is significant?'.

You answered your own question in your post. Furthermore - some applicants are receiving plenty of callbacks and offers, but TLS doesn't have a representative amount of students in Tier 2, T3, and T4 schools, or students with poor grades. These students tend not to post as often for obvious reasons.

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Rock-N-Roll
Posts: 319
Joined: Thu Jan 06, 2011 5:16 pm

Re: Recent Grads

Postby Rock-N-Roll » Sat Aug 13, 2011 8:15 pm

Why is this thread so long? It is literally one of the worst and most useless threads I have seen on TLS....But then here I am posting on here too. :roll:

User avatar
Kendi
Posts: 97
Joined: Sat Jun 25, 2011 4:00 pm

Re: Recent Grads

Postby Kendi » Sun Aug 14, 2011 11:11 am

Moxie wrote:TLS doesn't have a representative amount of students in Tier 2, T3, and T4 schools, or students with poor grades.

Let’s go with your rationale. Because this is TLS, more T-14 students are represented. So lets remove these 21 Grads that indicated that they have landed $160K Big Law positions. Remove them completely from the equation. Gone.

This leaves 56 grads. 37.5% are still looking, and 37.5% are paid $70K, or less. In other words, 75% are being paid $70K or less, or, are still looking.

The other 25% have jobs that average $110K.

Does this works for you? Or is this still too optimistic??

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BarbellDreams
Posts: 2256
Joined: Thu Mar 19, 2009 6:10 pm

Re: Recent Grads

Postby BarbellDreams » Sun Aug 14, 2011 1:31 pm

Kendi wrote:
Moxie wrote:TLS doesn't have a representative amount of students in Tier 2, T3, and T4 schools, or students with poor grades.

Let’s go with your rationale. Because this is TLS, more T-14 students are represented. So lets remove these 21 Grads that indicated that they have landed $160K Big Law positions. Remove them completely from the equation. Gone.

This leaves 56 grads. 37.5% are still looking, and 37.5% are paid $70K, or less. In other words, 75% are being paid $70K or less, or, are still looking.

The other 25% have jobs that average $110K.

Does this works for you? Or is this still too optimistic??


Removing 21 grads indicating 160k jobs does absolutely nothing to account for t14 students. I literally have no idea how even thought that would work.

Rock-N-Roll wrote:Why is this thread so long? It is literally one of the worst and most useless threads I have seen on TLS....But then here I am posting on here too. :roll:


Stick with this logic, its pretty flawless.

User avatar
Renne Walker
Posts: 546
Joined: Sat Jan 29, 2011 2:12 am

Re: Recent Grads

Postby Renne Walker » Sun Aug 14, 2011 11:30 pm

Kendi wrote:Does this works for you? Or is this still too optimistic??

I have been down this path. You must subscribe to the notion that the only opportunities available these days are for Baristas, anything else is regarded as too optimistic.

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Kirk
Posts: 40
Joined: Tue Jul 19, 2011 2:58 pm

Re: Recent Grads

Postby Kirk » Thu Aug 18, 2011 1:40 am

Kendi wrote: Because this is TLS, more T-14 students are represented. So lets remove these 21 Grads that indicated that they have landed $160K Big Law positions. Remove them completely from the equation. Gone.

Instead of dismissing the $160K category, I think it would be preferable to disregard the “still looking” category. This way you can get an indication of the average salary, which is approximately $113K . Approximately because the $70K or less category is calculated at $70K, and as some posters noted, many earn under $50K. A likely average outcome is probably closer to $100K.

Another way to view it, 63% of those polled earn over $70K and 37% earn under. No idea if that is a true indicator of the real world. Perhaps.

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Kendi
Posts: 97
Joined: Sat Jun 25, 2011 4:00 pm

Re: Recent Grads

Postby Kendi » Fri Aug 19, 2011 11:30 am

Kirk wrote: No idea if that is a true indicator of the real world. Perhaps.

There are numerous Real Worlds out there. T-14 grads with top grades and those with lessor grades. Ditto, grades from Tier 1, 2 and 3. Hard to decipher the real world, given all the moving parts.

Anonymous User
Posts: 273572
Joined: Tue Aug 11, 2009 9:32 am

Re: Recent Grads

Postby Anonymous User » Fri Aug 19, 2011 11:46 am

bk1 wrote:
Anonymous User wrote:Crazy as it is, they tell me it's dependent upon more than grades - prior WE and personality plays a pretty big role, too. As a straight-through, I'm a little better than top 20% at my t14 and I'm still shitting bricks.


Of course personality matters. But I would hazard that K-JD's make up the majority of the T14.


No. K-JD is about a quarter of NYU (27% of the class of 2013 according to school statistics). I doubt it's different anywhere else in the T14 but Northwestern (where there are zero K-JDs).




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