Before You Go to Law School, Study This Infographic from "The Best Colleges".
From: The Best Colleges
JDScam.blogspot.com
From: The Best Colleges
Think very, very carefully before going to law school and perhaps ruining your life, permanently. The law schools have been flooding the market with a large oversupply of attorneys for decades. This has been a problem for a long time, not just in the current recession. The legal job market is horrible right now and it was only a little less awful earlier in the decade and in the 1990's. Consequently, the happy-talk about how the legal job market will improve significantly after the recession ends is bogus and intended to fool you. A huge amount of JDs, perhaps as much as 50%, never find work as attorneys, and many who do find work don't earn enough to make having gone to law school worthwhile. If you are looking for something to do with a liberal arts degree, find something else. Also, because of the huge oversupply of attorneys, working as a lawyer can be very miserable. Attorneys work very long hours under intense pressure in Machiavellian environments and many do not earn high incomes unless they are at large firms.
Based on calculations I have made previously using ABA, LSAC, and Census Bureau projected population data, one out of every 275 people in the United States was a licensed attorney in 2004. This inverse attorney-to-population ratio decreased to about 258 in 2009, just five years later. At the current rate of lawyer overproduction where about 44,000 new JDs are produced every year, assuming that a new 25 year old lawyer would want to work for 40 years and that enough new law schools open so that the current pace of new JD production increases proportionally to population growth, enough new lawyers are being produced so that eventually one out of every 174 people will be a lawyer. If (as reported at various places) students at top schools have been having difficulty finding entry-level jobs in the legal profession when that ratio is 257.5, how hard will it be to earn a living when one in every 172 people is a lawyer?
Here is a list of links to articles and other material about the legal job market. I want to begin compiling a list of references or "evidence" for future use. This is a work in progress and if you know of any good articles that I have missed, please leave a comment with a link.
Opportunity Lost: How Law School Disappoints Law Students, The Public, and the Legal Profession This is a profound article written by an adjunct law professor. It succinctly summarizes the problems with having a large oversupply of JDs. This is a must read. I reviewed this article on my blog: Two Profound Articles
Is Law School a Losing Game? This is a great article that was published in the New York Times. I reviewed this article on my blog: Two Profound Articles
Law School Economics: Ka-Ching!, New York Times, July 16, 2011. This is another profound article that provides insight about the conflict of interest between law schools' (and universities') pocketbook and law students' desire to obtain secure middle class and upper-middle class jobs.
No More Room at the Bench, Cleveland Plain Dealer, January 16, 2010
40 Years of Lawyer Overproduction, a Data Table, and 2 Charts, Fluster Cucked blog, July 5, 2010. This blog post reveals that the law schools have been overproducing lawyers at a rate to sustain having one lawyer for every 172 people since 1973. Think about that number. When was the last time someone you know needed a lawyer? Was it a once-in-a-lifetime event? Could the U.S. economy possibly employ one out of every 172 people as a lawyer?
Statistics suggest that only 53.8% of all lawyers are employed in the legal profession., Fluster Cucked blog, July 10, 2010. Since the job market was better in the 1970s and 1980s, presumably more than 53.8% of those graduates found jobs as lawyers, which means that the percentage of JDs who were able to enter the profession in the 1990s and 2000s is probably lower if not much lower than 53.8%. Further speculation suggests that less than 30% of new JDs were able to find work in the legal profession over the past 10 years, and that percentage may very well be significantly lower than 30%.
Mamas Don't Let Your Babies Grow Up to be...Lawyers, Herwig J. Schlunk, October 30, 2009. This is a scholarly paper written by a law professor which shows that going to law school is a bad investment for 90% of all students.
Truth in Lending and in Careers, Howard B. Miller, May 2010. This piece was written by the President of the California Bar which makes this quote profound:
There is notoriously unreliable self-reporting by law schools and their graduates of employment statistics. They are unreliable in only one direction, since the self-reporting by law schools of “employment” of graduates at graduation and then nine months after graduation are, together, a significant factor in the U.S. News rankings — which are obsessed over, despite denials, by law schools and their constituencies.The Crimson H: Jobless Harvard 3L Wonders, Why Me?, ABA Journal, March 1, 2010. If Harvard Law School graduates are having difficulty finding jobs, what does that say about the legal job market and the prospects for students at less prestigious schools?
Hard Case: Job Market Wanes for U.S. Lawyers, Wall Street Journal, September 24, 2007.
Economy Seems Bleak for Graduating Law Students, NPR, May 21, 2010.
Law School Tuition Hikes Spark Talk of Bubble, Chicago Tribune, April 27, 2010. Could legal education suffer through something akin to the subprime crisis in the housing market? As the cost of education rises while the value of having a law degree decreases, law school student loans are taking on an increasingly subprime character.
Law Jobs Still Lacking: Legal Sector Lost 22,200 in a Year, But Added 300 Last Month, ABA Journal, June 4, 2010. Note that the legal profession has been glutted for years and that unemployment and underemployment for lawyers is nothing new and did not start with the Great Recession.
As 'Troubling Indicators' Mount for 2010 Law Grads, an ABA Expert Issues a Warning, ABA Journal, May 6, 2010.
Clients Grow Cool to the Support of Dwindling Summer Classes, New York Law Journal, June 8, 2010. What's interesting about this article is that it reports that the number of summer associates at large firms, which is how most large firms hire almost all of their entry-level attorneys, has decreased significantly.
Federal Jobs Update! Class of 2011 is Screwed!. If you go to law school, do you think that you'll always be able to fall back on getting a federal government job? According to this study of some federal government hiring stats, your probability of finding entry-level attorney employment with the federal government is very low.
CNN Video: Law School Graduate Works in Coffee Shop Your law degree may qualify to ask people, "Would you like cream with that?" Don't let this happen to you! Don't fall for the law schools scam!
Trouble with the Law: Laid Off Attorneys Pursue New Paths. Even if you are lucky enough to find a good job in the legal profession and your offer is not deferred or rescinded, although you may think that you have made it, you can still suffer a layoff and find yourself unable to find a replacement legal job. Here's a story about a guy with $200,000 of debt who works at Radio Shack.
I hope that you enjoy this collection of satirical cartoons about the law school scam and the practicalities of working in the legal profession. If you have just made a new cartoon or if I have missed some, please send me an email: frankunderemployedprofessional AT NO SPAM gmail dot com.
New! Why Colleges Are Opening New Law Schools and joining the scam
http://www.youtube.com/watch?v=-tSiGME6fw8
New! The Future of Law School -- Doo Lee's House of Jurisdoctorates
http://www.youtube.com/watch?v=tDlK2aAMGyA
Don't Go to Law School -- Find Out Why
http://www.youtube.com/watch?v=ZhjhHuMKqgs
The Versatility of a Law Degree by Esq. Never http://www.youtube.com/watch?v=FemkxxZmzcI A Law School Christmas Carol by Esq. Never http://www.youtube.com/watch?v=g-_wDwmOQ1U TTT Grad's First Day at Big Law by TTT Graduate http://www.xtranormal.com/watch/6306517/ TTT Grad on Talk Radio--follow up to his first day at the law firm by TTT Graduate http://www.xtranormal.com/watch/6387035/ Super-Toileteer Stuck in Big Law Dungeon by TTT Graduate http://www.xtranormal.com/watch/6387035/ Law School Career Counseling by Boston Law JD http://www.youtube.com/watch?v=1zsTHY4g2J8 So You Want to Go to Law School? by David Kazzie http://www.youtube.com/watch?v=nMvARy0lBLE Licensed Attorney Will Work for Food by ADP19 http://www.youtube.com/watch?v=VzSlAVCGc6E How to Land a Job After Law School by yttrey3 http://www.youtube.com/watch?v=lAMBY-FUl_k Law School Post-Graduation Informational Interview and Wake Up Call by yttrey3 http://www.youtube.com/watch?v=VkCyoOSRX9o The Law School Bubble by unperson http://www.youtube.com/watch?v=MHLPKwK_nug Law School Rant by dasweck http://www.youtube.com/watch?v=MNKyveRF82Q Legal Employment for a Recent Grad by ItsMrTheGamerGuy2010 http://www.youtube.com/watch?v=_jSjXBFvkg8 The Noble Profession of Law by ItsMrTheGamerGuy2010 http://www.youtube.com/watch?v=nDG5ns8ehvU So you want to go to law school - job hunt fail by kings21686 http://www.youtube.com/watch?v=kYJsn8sCC44 Eager Law Student by jurystillout1 http://www.youtube.com/watch?v=R0_bMnFVAFk Why Did You Go to Law School? by ryang3315 http://www.youtube.com/watch?v=q12H2fJcHL8 TTT Woman and Mr. Gloom by ThirdTierReality http://www.xtranormal.com/watch/6173595/ Super Hero TTT by LustyLarrysToilet2 http://www.xtranormal.com/watch/6285923 Sua Comes Up on the Short End by SuaSponte2 http://www.youtube.com/watch?v=f7O9o8N3qm4 Sua Goes to Court by SuaSponte2 http://www.youtube.com/watch?v=IZKI5U3f8hM Sua Runs Into a Classmate from Law School by SuaSponte2 http://www.youtube.com/watch?v=_DhfjXABWVU Sua Seppuku by SuaSponte2 http://www.youtube.com/watch?v=adBK5y4b35w
I'm in the process of reviewing and revising this list. I stopped here.
Four Funny Prints from The Jobless Lawyer
Salaries & Jobs for Law School Grads
Callie and Frank Dux Meet Up -- JD Underground posters? Think anything like this has ever really happened?
Brooklyn Housing Court
Another Day in Bronx Housing Court
Beware, Bogus, Inflated Law School Salary/Job Stats Given Out by the Law Schools
Skadden Farts pt. 1
Law School ASW
TLS
TLS Part 544
TLS2
Law Firm Interview
Law in the Future
Dumbass
Speech
Seton Hall Administration
Lawyer Lawyer -- Be a Lawyer Kit comes with free admission to Super Toilet Law School for the low low price of $100,000.
B-School Guy vs. Law School Guy -- this seems like it's supposed to be an ad for a business school. I don't understand why a school would advertise to the world that its students have large amounts of time to party and don't need to take studying seriously, and I'm sure that the situation for MBAs, who are also a dime-a-dozen, isn't all that much better than for JDs, but I found it amusing.
Salaries and Jobs for Law School Grads: Do the Law Schools Lie?