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Author Topic: Excellent Article on Law School Rank/Debt  (Read 4777 times)

DCLabor25

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Excellent Article on Law School Rank/Debt
« on: April 12, 2008, 12:31:34 PM »
All --

Bill Henderson has an absolutely terrific article on law school debt vs. prestige and employment prospects over at NLJ.  He also has worked with NLJ to come up with some terrific charts on real career prospects -- the percentage of students from each school who end up in biglaw, other firms, clerkships, etc.  It's awesome data and much better than blindly relying upon USNWR.

http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1207904889498

El_Che

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Re: Excellent Article on Law School Rank/Debt
« Reply #1 on: April 12, 2008, 04:37:16 PM »
Very interesting article, particularly the breakdown of employment within regions and specific states. Thanks for the link :)

countbizaller

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Re: Excellent Article on Law School Rank/Debt
« Reply #2 on: April 12, 2008, 04:51:54 PM »
I take it you're defining Biglaw as the NLJ 250?
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TRad

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Re: Excellent Article on Law School Rank/Debt
« Reply #3 on: April 12, 2008, 04:59:11 PM »
Thanks for that link DCLabor!  Outstanding article.  Well researched and argued.  I now have much to think about.

DCLabor25

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Re: Excellent Article on Law School Rank/Debt
« Reply #4 on: April 12, 2008, 05:22:48 PM »
I take it you're defining Biglaw as the NLJ 250?

There's actually a debate on another thread about this.  I suppose there is BIGLAW and then SUPER BIGLAW, but, generally speaking, most of the NLJ 250 pay the top market rate or very close.  It's a useful shorthand, especially when you are talking about having a job that gives you the ability to pay back law school debt.

I am glad others found the story useful.  I did too. 

LHL

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Re: Excellent Article on Law School Rank/Debt
« Reply #5 on: April 12, 2008, 05:28:48 PM »
Thanks for the article.  It actually made me think of taking a scholly at UH and forgetting about Texas and the debt that comes with it.  Would probably be a bad idea though.
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john jacob

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Re: Excellent Article on Law School Rank/Debt
« Reply #6 on: April 12, 2008, 05:31:40 PM »
great article. basically does what everyone's been wanting the USNWR to do for a while. Makes me happy with my choice now.

DCLabor25

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Re: Excellent Article on Law School Rank/Debt
« Reply #7 on: April 12, 2008, 05:34:37 PM »
Thanks for the article.  It actually made me think of taking a scholly at UH and forgetting about Texas and the debt that comes with it.  Would probably be a bad idea though.

On their regional chart, it looks like 25% of Texas grads end up in biglaw versus 15% of U Houston.  No clue what your scholarship is, but I guess the question becomes is it worth X amount of money to improve your chances by 10%? (if BIGLAW, is, in fact your goal.  I don't know that!)


wiimote

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Re: Excellent Article on Law School Rank/Debt
« Reply #8 on: April 12, 2008, 05:37:31 PM »
Hey don't take my niche. I should have posted this.

But a bunch of toilet law schools just got pwned hard. Look for example at toilets like Seton Hall, Cardozo San Diego and Loyola LA (San Diego and Loyola LA are tier 4 schools on this chart!)

http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1207904900045

SteelersandGators

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Re: Excellent Article on Law School Rank/Debt
« Reply #9 on: April 12, 2008, 05:41:36 PM »
How comprehensive is the NLJ 250 in terms of firms that pay market/close to market?
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