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Is a Law Degree Worth the Money?

Do You Think a Law Degree Guarantees a Good Future?

I just read another dreary article about the law industry today in the Wall Street Journal and reading pieces like that makes me question the worth of a law degree. It appears that many lawyers are now settling for temp jobs, because they can't find seem to find any full-time work. These contract lawyers move from job to job, and their wages may be as low as $15 an hour, a far cry from what these attorneys imagined when they invested about $100,000 into their prestigious degrees.

My good friend is going through law school right now and when she talks to me about it, the prospects frankly look quite bleak. What do you think — does a law degree promise a good future?

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HelloAnia HelloAnia 5 years
From what I have been reading online from financial prognosticators it seems as though that lawyers will out number those that have financial access to their services sooner than later. Meaning that in the state of our economy, many people would not be able to afford the premium cost of a lawyer, but many more people are attending graduate school and law school simply because the job market is so competitive right now, going straight to graduate school is a better use of their time. I graduated with my Bachelor's degree in the spring of 2009 and I have always been interested in a profession in law but I wanted to go into the real world and see what I am truly passionate about in my career before I jump into another 3-4 year commitment while I pursue a Master's or a J.D. When I started applying for jobs during and right out of school I was facing a bleak job market, where I wasn't getting any job offers at all (which was shocking, since I graduated with an internship under my belt as well as a major + minor with honors.) That gave me the desire to fast forward my career track by going to graduate school that following fall. Luckily I was offered a job prior to starting the applications and that deterred me from going into debt to pursue a degree that I wasn't too certain about. But at that time, I was so sure that a law degree would give me more opportunities, I even studied and took the LSATs. I am sure I am not that only one that had graduated recently with this mentality. I am glad that I am not enrolled in a graduate program, because going thousands of dollars in debt without any guarantee of getting a rewarding career as a result is the wrong decision for me, but I am looking forward to finding my true passion and pursuing a graduate degree in my own time.
amber512 amber512 5 years
I don't think there are any promises in life.
amytnguyen amytnguyen 5 years
I just graduated from law school this year and while it's been tough finding a job in the legal industry, I still think having a law degree was a worthwhile investment because it will always be something I can fall back to. I've also gained valuable skills from law school (communication, writing, analytic) that are important to have in any industry. I think what's important now is keeping an open mind. While most of us who go to law school ideally want to be lawyers, I don't think that should be the only option. There's many things you can do with a JD and even if you don't end up as a lawyer, as long as you're happy with your career and your job allows you to be self-sufficient, you've made the right decision.
shannrose shannrose 5 years
I don't think that EVERYONE who goes to law school is seeking just to make money. There are plenty of people who want to "do good" with their careers and choose law as the medium in which to do so. I just graduated from law school, albeit without loans, and I am very happy with my decision. Though the legal market is not amazing and I don't have my dream job yet (though I have one that I am sure I will enjoy), I know I will be able to use my communication, research, writing, and oral advocacy skills for good and I am proud of that decision.
Gdeeaz Gdeeaz 5 years
No it doesn't. I know of several people who went to law school and do nothing related to it now. And, those who are lawyers are not making the big bucks either.
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