Law School Discussion

NALP chart - a stark warning to all prospective law applicants

NALP chart - a stark warning to all prospective law applicants
« on: September 04, 2007, 07:37:58 PM »
http://www.elsblog.org/the_empirical_legal_studi/2007/09/distribution-of.html

There's a very interesting chart and commentary:

Quote
The national median starting salary for a 2 to 10 lawyer firm is $50,000.   There are a lot of struggling alumni out there. And do we really need more law schools?  For many, getting a JD is a very risky financial proposition, especially when you factor in bar passage.

To make matters worse, consider that the NALP data is from law grads who reported income.  My hunch is that grads who earned less are less likely to report.

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Re: NALP chart - a stark warning to all prospective law applicants
« Reply #1 on: September 04, 2007, 11:33:06 PM »
I wonder what the graph would look like if they only looked at the top 100 schools. I would think there would be at least a little shift.

Oh... and this has been covered recently: http://www.lawschooldiscussion.org/prelaw/index.php/topic,92028.0.html

Re: NALP chart - a stark warning to all prospective law applicants
« Reply #2 on: September 05, 2007, 12:48:25 AM »
The modes will be even farther apart after the new raises are included in next year's graph.

Re: NALP chart - a stark warning to all prospective law applicants
« Reply #3 on: September 06, 2007, 11:27:27 PM »
Only like 50% of graduates reported information too. I'd hate to see what the chart looks like if everyone reports.

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Re: NALP chart - a stark warning to all prospective law applicants
« Reply #4 on: September 07, 2007, 04:31:18 PM »
Chart apparently includes public interest and dual partnership (i.e. 2 lawyers) firms. No wonder the bar is skewed.