Want to keep your options open? Don't train to be a lawyer. The legal profession is really two professions: the elite lawyers and everyone else. Most of the former start out at big law firms. Many of the latter never find gainful legal employment. Instead, they work at jobs that might be characterized as "quasi-legal": paralegals, clerks, administrators, doing work for which they probably never needed a J.D.Read the whole thing.
Although hard data about the nature of these jobs are difficult to come by (and rely on self-reporting, which is inherently unreliable), the mean salary for graduates of top 10 law schools is $135,000 while it is $60,000 for "tier three" schools. It's certainly possible that tier-three graduates tend to gravitate toward lower-paying public-interest and government jobs, but this lower salary may also reflect the nonlegal nature of many of these jobs and the fact that these graduates are settling for anything that will pay the bills.
At $38,000 a year for law school, plus living expenses, law-school graduates certainly have a lot of debt ($60,000 on average, upon graduation). For this price, college students and their parents should be thinking harder about their choices. When I went to law school, nearly everyone tried to convince me that doing so would "keep my options open." All this really means is: "You can still be a lawyer."
It's time those of us inside the profession did a better job of telling others outside the profession that most of us don't earn $160,000 a year, that we can't afford expensive suits, flashy cars, sexy apartments. We don't lunch with rock stars or produce movies. Every year I'm surprised by the number of my students who think a J.D. degree is a ticket to fame, fortune and the envy of one's peers--a sure ticket to the upper middle class. Even for the select few for whom it is, not many last long enough at their law firms to really enjoy it.
There's something wrong with a system that makes a whole lot of people pay a whole lot of money for jobs that are not worth it, or that have no future. If we wanted to be honest, we would inform students that law school doesn't keep their options open. Instead, we should say that if they work hard and do well, they can become lawyers.
See my previous posts:
- How Starting Salaries of Attorneys Have Changed Over the Years
- A Lawyer's Life: Crushing Debt and Miserable Jobs?
- Which Law School Grads Get Big Firm Jobs?
- Law School Ranking by Starting Salaries
- Law School: Too Much Debt, Not Enough Good Jobs?
- Why You Shouldn't Go to Law School
- Does It Pay To Work for Biglaw?
- Job Market Wanes For U.S. Lawyers
- Starting Salaries for Class of 2006 Law School
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