Post
by monetaryeasing » Sat Jun 09, 2012 9:55 pm
[/quote]
Your analysis is wrong. When looking at law school you're only looking at *new* graduates. When comparing this to the entire economy you're looking at the entire labor market (new+old). Historically, unemployment is highest among young people because they lack human capital (~15-30% unemployment depending on ethnicity.) This is even worse during a recession or jobless recovery.
Your analysis is comparing apples to dragonfruit. It has no merit.[/quote]
You're hilarious. You know what has no merit, your baseless ASSertion that employment stats improve, miraculously, after the 9-month mark. Show us, please. Data.
On a theoretical level your argument is just as inane. Let me get this straight. The problem is "lacking human capital" and that stems from no job experience, which, according to you, also miraculously dissipates after 9 months of having no employment in any capacity! haha.
But all that only highlights yet ANOTHER of your incredible, baseless assertions. For instance, that law school graduates are all people who had no prior work experience before going to law school, no "human capital". Law school graduates all necessarily have bachelor's degrees, and are supposed to be ahead of the curve in terms of finding employment; even more so with a graduate degree, right! So, why compare the general workforce (many of whom do not have college) degrees with highly educated sub-groups? If anything it makes me point stronger - why are those presumably more fit to compete with the general populace, yes including just-out-of-school general populace, doing so poorly?
Apparently, according to you also, there's nothing uniquely wrong with the legal profession; it's just the general bad job market! hahaha! Not even the shills at the ABA agree with you. Hastings itself cited OVER SUPPLY of lawyers in cutting its incoming class numbers. Right? Yeah.
The schools do not want to talk about the fact that if the jobs that are available in the economy are typically considered "suited" to those without higher education, you've actually made yourself more unemployable by getting a degree. Do you think McDonalds is hiring JD's to flip burgers? A degree can be a liability, and in the case of law school is a quantifiable liability.
You'll be fine, however, because you can go work for the admissions department at Hastings, which is only slightly more sleazy than flipping interest-only loans for Countrywide to some mexican immigrants who barely speak English. Keep fighting the good fight to fuck over the poor.
