Law School Discussion

Baby Boomers effect on Law Market

$Bill

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Baby Boomers effect on Law Market
« on: October 25, 2007, 06:49:14 AM »
I've read http://online.wsj.com/article/SB119040786780835602.html and the angry salary curve (valley) graph, but it doesnt seem to take into account the wave of retirements impending in the next decade.  Does anyone have sources on the average age of lawyers in different specialties?  While it seems in this market, going to an lower t1, t2, or god forbid 3 or 4 school, especially if private without scholarships, is a poor choice... will there be a hiring binge?  Is a degree at this time a reasonable long term investment, rather then the mythical get rich quick method?

I'm interested in what the more informed think.

http://www.profutures.com/article.php/448/ for your reading pleasure...i have to enter more data :(

$Bill

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Re: Baby Boomers effect on Law Market
« Reply #1 on: October 25, 2007, 08:07:58 AM »
Do you think its foolish to assume that lawyers have a lower average retirement age then say...mailmen?  I mean, assuming sound financial planning I'd think a 35 year attorney would not be forced to work till 67.

->Soon

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Re: Baby Boomers effect on Law Market
« Reply #2 on: November 05, 2007, 07:40:05 PM »
I think you might see alot of them cut back their hours.

who wants to work that much when your old and pruney?