Home > Good Hands > Vital advice about the hobbled employment situation

Vital advice about the hobbled employment situation

November 21st, 2009

With the job market collapsing, it is more critical than ever for prospective law students to meet the requirements for admission to a top-quality law school. Because of the collapse of the overall employment situation, law schools are seeing a tsunami of applications.

Law schools can be (and are) pickier about their published law school requirements than they have ever been in recent memory.

At the same time, the job market for lawyers is devastated. Law firms are exhibiting higher degrees of fastidiousness in the hiring process than they have exhibited in recent recollection.

When I graduated, during the late 1990s stock boom, which was a good day, the mean starting salary for members of my class in electrical engineering was $50,000.00. The mean lawyer in Texas was, at the time, earning $45,000.00, and this average of lawyer salaries was taken across all ages and levels of experience. So, there was some real risk that I was about to spend 3 years of my life and tens of thousands of dollars for a graduate education that was less valuable than the first degree that I already had. Fully a third of the licensed attorneys in Texas do something other than practice law. There just isn’t enough legal business to go around.

For every kid making $165,000.00 a year straight out of school, there are 10 fresh lawyers making $40,000.00 per year. Now, if you have an history degree, you may here $40,000 per year and think, “Wow, that’s a huge step up!” But wait, that $40,000 per year is after you sink $100k in debt and lose the opportunity to make a living wage during the years that you are in law school. Going $100k into debt for a $40k/year job is not a good decision. You don’t need a accounting degree to see that this one is upside-down.

The law is two professions. If you’re not lucky, you will end up coming out of school to a $40k/year job (or none at all) with $100k in debt.

The difference between being well-prepared and turning your life into a living Hell is going to a good law school. The difference between getting into a well-ranked law school and having to accept a bad law school is your performance relative to the law school admission requirements. They are:

* Your LSAT score
* Your Undergraduate GPA
* Your Race
* Your Admissions Essays
* Your Letters of Recommendation
* Your Resume (this means everything else)
* Your string pulls

Now, there are some of these factors that you can, in fact, control. And there are some that you can’t adjust. Your goal needs to be to focus on the factors that you can adjust in a way that changes the outcome.

For advice on how to do just that, you’re welcome to visit: http://www.lawschoolrequiements.org.

Related posts:

  1. Is a Bad Credit Consolidation Loan for You? Are you considering a credit card consolidation loan? This used...
  2. Wish to Gain Your money Back? Read how below. The path to recovery: going from a money related nightmare to a far more manageable situation. Today, there are ever more services which offer help for...
  3. A Quick Guide To Debt Help And Advice And How To Choose The Best Option. A lot of consumers these days have been placed on...
  4. Does Texas offer Pay Check Loans? It is not difficult to get a payday loan in...
  5. Texas Real Estate: How To Become An Agent With the job market in a slump, many people are...

Suzy Good Hands

Comments are closed.