Critical advice about the crippled economy

With the job market crippled, 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 implosion of the overall economy, law schools are seeing a tsunami of prospective students.

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

At the same time, the economy for lawyers is horrible. Law firms are exhibiting higher degrees of fastidiousness in the hiring process than they have exhibited in recent memory.

When I graduated, during the late 1990s stock boom, which was a incredible day, the median starting salary for members of my class in computer engineering was $50,000.00. The average lawyer in Texas was, at the time, making $45,000.00, and this median 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 a small fortune for a graduate education that was less valuable than the existing 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 wet-behind-the-ears lawyers making $40,000.00 per year. Now, if you have an political science 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 respectable wage during the years that you are in law school. Going $100k into debt for a $40k/year job is not a good investment. You don’t need a accounting degree to see that this one is stupid.

The law is two professions. If you’re well-prepared, and you get good grades at a respected school, you can come out making $150k/year.

The difference between being successful and turning your life into a living Hell is going to a respected law school. The difference between getting into a respected law school and having to accept a crappy law school is your ranking 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, manipulate. And there are some that you can’t adjust. Your goal needs to be to act 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.

http://www.gamedealfinder.com/general/

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November 28, 2009 • Posted in: Ponderings