The National Law Journal

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Law school — still a dodgy investment, analysis suggests

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The National Law Journal

August 2, 2012

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1. August 09, 2012 10:31 AM

Prospective law students and the "market" generally would benefit from more analysis along these lines. However, Professor Schlunk's analysis appears to be so limited and so oversimplified that it is of very limited utility. Drawing return-on-investment conclusions for career decisions with long-term consequences based solely on first job out of law school salary strikes me as flawed on its face. While working with manageable parameters makes sense and communicating with plain English is helpful, one would need to consider more than the first year salary to approach a meaningful financial analysis. (This comment is based soley on the article, which may or may not accurately capture the substance of his work.)

— Don't Quote Me

2. August 08, 2012 12:57 PM

As a recent grad from Rutgers School of Law with no real prospects of employment, (grades in the 50th percentile or do and over 40) I am more than happy with my choice of going to Law School. I planned on working for myself, and now have an opportunity to do so in a career that I find much more interesting than my previous job.

Talking opportunity costs ... How much is a mind numbing soul sucking job really worth?

— Recent Grad

3. August 07, 2012 06:01 PM

Poor investment on my part. Still paying off the loans (to be fair: I did go to school at an older age than most), still pounding out the billable hours and have not had the time for an real out of town vacation in years. Actually looking to switch careers at 40.

— Not Warren Buffet

4. August 03, 2012 06:13 PM

I am San Diego Criminal Defense and DUI lawyer and I attended a low tier law school at Thomas Jefferson and I am happy with my decision to go to law school.

http://www.bradleycorbettlaw.com/

— Lawyer44

5. August 03, 2012 05:33 PM

For so long law school has been the premier idea for the middle class to become rich and the poor to become middle class. That idea seems to have totally torpedoed with the rising tuition at law schools across the country, and the one minded focus on rankings and less on where the law school student ends up. Sclunk was on the ball when he first released his report, now everyone knows it even some of the graduates who have resulted to suing their alma maters.

http://www.legalfunding.com/

— Lulaine

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