Aberzombie1892 wrote:While I am well of aware of the state of the legal job market, it's impossible to come to conclusions concerning a particular student without looking at the circumstances surrounding that student.
And yet you did???
Aberzombie1892 wrote: things will ultimately be fine.
Things may be fine, but this individual student likely has a huge uphill battle to getting a full-time, JD-required job. I'd guess that for a median T50 student with no moot court or journal (or most importantly, no job leads), odds are probably pointing to temp work or no legal job. OP, your friend needs to get their ass in gear because they don't sound like they have a lot going for them right now.
Yes and no. The vast majority of people that attend law school will be fine, regardless of the crap spewed out over this website. For example, if someone takes out more than $100,000 (even) in loans, then they are in the extreme minority of all law school students in terms of debt load - yet - this website tries to pretend as though everyone owes $120K+ for their law degrees.
Also, that person referred to by the OP will likely get a JD required job. This website pretends as though people have to be above median to get a JD required job, and that's simply not even close to true in the real world (even in this economy). TLS.com is a good site for raw information, but people make too many blanket statements regarding average debt loads (OMG everyone owes $100,000+!!!!) and employment prospects (OMG everyone does doc review or is employed who doesn't get big/mid law, PI or fed/state/city gov!!!!).
But yes, this website is right when it claims that people that go to T3/T4s for $150,000+ of debt are making poor decisions. But that isn't nearly as many people as you would think.