How much of the graduating class is really unemployed though? I just have a really tough time believing that ppl graduating from a T10 who really try to find work can't find anything, regardless of grades. I understand if there's a decent amount of people below median that are underemployed but are there really people who truly tried to find some type of legal work and have zero job options?[/quote]There is nobody who is unemployed that couldn't find work for 20-30k somewhere.[/quote]
Cmon, personal injury in small towns starts at 35-45k/yr. You mean to tell me that out of all the small towns in the US or the North East alone that someone from a T10 can't land just one of those? I only say this because I feel that the whole "everyone below median is unemployed" gets really over played on this site, and it's everyone, not just this specific conversation. If you're working doc review you're employed. If you're working shitlaw you're employed. If you're working something legal you're employed. Most legal jobs pay at least 30-35k. Even at my local T2, there are VERY few ppl that are unemployed. The majoirty are making 40k/yr at first, although I would still consider that underemployed.[/quote]
understandable but if you're paying sticker at uva you probably have bigger expectations than these options. I don't think you can keep up with the interest on your loans with a 30k job. Idk maybe i'm wrong.[/quote]
Thanks dude I didn't know that. Do you go to UVA?
At 30k/yr with 200k in loans you’re right, you probably wouldn’t be able to keep up on your loans outright; however, there’s still IBR and VLPR which you should be covered under. I just wanted to get that off my chest though because a lot of times everyone throws around misconceptions and, because TLS is basically an echo chamber, ppl accept those misconceptions as truth. Two of the biggest on this site are: 1. If you don’t get Biglaw/Gov/PI/Clerkship then you are unemployed and 2. You need a 160k job to pay off 200k in loans (which helps feed the first misconception). I think in another thread r6philly(I think) and a few others broke down the numbers and showed how you can pay off 200k in loans and still eat while making a minimum of 50k, and that’s without factoring in any type of IBR/LRAP. I know from personal experience that personal injury firms in small towns pay 30-35k and in larger cities they range from 40-55k entry. The other thing is, there are a TON of these type of firms. The upward mobility isn’t great but it still pays and I know grads that are working these jobs and still paying off their loans. I also know ppl who have worked doc review and then have moved up to associate. It may not be glamorous and you may never drive a beamer, but if you want to be a lawyer you can still be one and pay off your loans on 50k salary (I use that figure because I’ve done the calculation). Sorry for the long post, but I thought this might help someone out, or at least point out that half of TLS reads something in one post and automatically accepts it as true, then they go and post it in another post, which leads to a lot of ppl posting stuff they really don’t know much of anything about. I’m not calling anyone out or anything, I’m just saying.[/quote]