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Is it really that hard for law school graduates to find work?
Someone recently told me that if I don't go to a top tier law school, it will be nearly impossible for me to find a good job. I find that hard to believe simply because most law schools boast a 93%+ employment rate for their graduates and there always seems to be a demand for legal-based jobs in America. Can someone please put my nerves to rest and explain to me if this is true and, if so, is law school really worth it?
the issue for many law grads is not finding work it is the pay.
93% placement means NOTHING, what is important is where and with whom the placement is.
school is expensive and the average attorney does not make that much in relation to all the other graduate professions.
this makes paying for school hard to justify for many.
Median salaries of lawyers 9 months after graduation, 2005 Type of work:
All graduates
$60,000
Private practice
$85,000
Business
$60,000
Government
$46,158
Academic/judicial clerk ships
$45,000
In May 2006, the median annual earnings of ALL(experienced and inexperienced) wage-and-salaried lawyers were $102,470. The middle half of the occupation earned between $69,910 and $145,600. Median annual earnings in the industries employing the largest numbers of lawyers in May 2006 were:
Management of companies and enterprises $128,610
Federal Government $119,240
Legal services $108,100
Local government $78,810
State government 75,840
Salaries of experienced attorneys vary widely according to the type, size, and location of their employer. Lawyers who own their own practices usually earn less than those who are partners in law firms. Lawyers starting their own practice may need to work part time in other occupations to supplement their income until their practice is well established.
the prospects for growth in the field is for growth to be a little slower then job growth as a whole and the competition for jobs is expected to be extremely keen.
EDIT:
Shane has given you some excellent examples...............
so think about what you have heard, read and what you really want to get out of school then proceed on.
BEWARE BOGUS, INFLATED LAW SCHOOL SALARY/JOB STATS GIVEN OUT BY LAW SCHOOLS
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