Any second thoughts on law school among 0Ls?
Posted: Sat Jan 15, 2011 3:49 pm
Just curious, considering the continuing collapse of the legal job market.
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Please elaborate on "continuing collapse."Inmilex wrote:Just curious, considering the continuing collapse of the legal job market.
This. It definitely did collapse, but at this point I think we are past the nadir. It is beginning to show some signs of life, however minor. It will probably never be what it once was, but it won't be as bad as the past couple of years, either.ahduth wrote:Please elaborate on "continuing collapse."Inmilex wrote:Just curious, considering the continuing collapse of the legal job market.
You could argue that the collapse is complete, and as such cannot continue any longer.ahduth wrote:Please elaborate on "continuing collapse."Inmilex wrote:Just curious, considering the continuing collapse of the legal job market.
Excellent use of the word "nadir".This. It definitely did collapse, but at this point I think we are past the nadir
It will rebound to mid 2000 levels eventually. But taht still doesn't mean paying sticker at Tulane is a good idea. Law school has always been a bad choice for most law students.Adjudicator wrote:This. It definitely did collapse, but at this point I think we are past the nadir. It is beginning to show some signs of life, however minor. It will probably never be what it once was, but it won't be as bad as the past couple of years, either.ahduth wrote:Please elaborate on "continuing collapse."Inmilex wrote:Just curious, considering the continuing collapse of the legal job market.
Possibly, but the classes of 2007 through at least 2012 are lost.Desert Fox wrote: It will rebound to mid 2000 levels eventually. But taht still doesn't mean paying sticker at Tulane is a good idea. Law school has always been a bad choice for most law students.
Thank you.NorCalBruin wrote:Excellent use of the word "nadir".This. It definitely did collapse, but at this point I think we are past the nadir
LOL I was thinking of this too. Haven't heard such great usage since my remote sensing class.Adjudicator wrote:Thank you.NorCalBruin wrote:Excellent use of the word "nadir".This. It definitely did collapse, but at this point I think we are past the nadir
You guys are too kind.DCLaw11 wrote:LOL I was thinking of this too. Haven't heard such great usage since my remote sensing class.Adjudicator wrote:Thank you.NorCalBruin wrote:Excellent use of the word "nadir".This. It definitely did collapse, but at this point I think we are past the nadir
+1000. At this point if I don't get enough money (not sure what that amount is, but I'll crunch the numbers in due time), or if I don't get into my in-state school, I'll be forced to retake and reapply next cycle.LSATclincher wrote:My goal is no longer to attend the best school I can get into. It's attending the best school I can get into with the least amount of debt.
I think these two statements may be at odds.LSATclincher wrote:I also think firms will bounce back once they figure out the new business aspects of the profession.
My goal is no longer to attend the best school I can get into. It's attending the best school I can get into with the least amount of debt.
I've also been doing some soul searching in this regard, but in the end I think I'm going to go for the higher ranked school.Pricer wrote:It is making me lean toward UGA with money rather than the higher ranked schools I was shooting at.
Lol dla piperahduth wrote:DLA Piper is setting up its own internal outsourcing operation
Does dla piper have a good/bad reputation? I don't know very much about the various firms at all.d34dluk3 wrote:Lol DLA Piperahduth wrote:DLA Piper is setting up its own internal outsourcing operation
FTFY... I have second thoughts but honestly Im well aware that I just hate loans and risk. At the end of the day, even if I were going to medical school I would still be having second thoughts. I could just get an entry-level analyst job and try to work my way up but I know thats not my personality type. To get to the higher levels of society when you come from the lower levels you have to take a risk at some point.Inmilex wrote:Just curious, considering thecontinuingcollapse of thelegaljob market.
Great point. Ultimately, we are taking risks on ourselves and our abilities, so if our confidence is high, we should feel less risky about the investment.tkgrrett wrote:FTFY... I have second thoughts but honestly Im well aware that I just hate loans and risk. At the end of the day, even if I were going to medical school I would still be having second thoughts. I could just get an entry-level analyst job and try to work my way up but I know thats not my personality type. To get to the higher levels of society when you come from the lower levels you have to take a risk at some point.Inmilex wrote:Just curious, considering thecontinuingcollapse of thelegaljob market.
They really struggled during the downturn and were pretty harsh on their associates. Ergo now people don't want to go there. (theoretically, most people don't have the luxury of turning down a V100 firm)ahduth wrote:Does DLA Piper have a good/bad reputation? I don't know very much about the various firms at all.d34dluk3 wrote:Lol DLA Piperahduth wrote:DLA Piper is setting up its own internal outsourcing operation
The main reason I'm trying to get into a top school is that I want to make sure I'm in control of the process of playing local contracting costs against overseas contracting costs. Legal fees are going to continue to go down in a number of market areas. A partner's ability to deliver local resources versus foreign resources will come to mirror what happens in accountancy. This is very particular to me I suppose, but I decided to go to law school to understand what I need to make this work. The good old days of billing associates out because they have the firm's name on their business card are increasingly over.
Personally I disagree. While it will definitely rebound. I highly doubt we will see it return to mid-2000 levels anytime soon. Those were an aberration, an aberration partially to blame for the economic collapse we saw. People keep forgetting that the mid-2000 levels throughout most fields were an artificially enhanced bubble that was sustained by collective willful ignorance. A lot of what happened in 2007-2008 was simply the economy righting itself to reflect reality rather than the fairy tale everyone subscribed to. The real economy is going to have to improve beyond mid-2000 levels for that sort of job market to ever exist in a sustainable manner again.Desert Fox wrote:It will rebound to mid 2000 levels eventually. But taht still doesn't mean paying sticker at Tulane is a good idea. Law school has always been a bad choice for most law students.Adjudicator wrote:This. It definitely did collapse, but at this point I think we are past the nadir. It is beginning to show some signs of life, however minor. It will probably never be what it once was, but it won't be as bad as the past couple of years, either.ahduth wrote:Please elaborate on "continuing collapse."Inmilex wrote:Just curious, considering the continuing collapse of the legal job market.
Do you mean law school graduating classes of 07-12 or entering classes?Inmilex wrote:Possibly, but the classes of 2007 through at least 2012 are lost.Desert Fox wrote: It will rebound to mid 2000 levels eventually. But taht still doesn't mean paying sticker at Tulane is a good idea. Law school has always been a bad choice for most law students.