The New York Times has a lengthy indictment of law school education and law schools. If you are considering going to law school, this is a must read article. It’s available today without registration, but the NYT usually puts their articles behind a registration wall after a short period of unrestricted visibility. If you cannot read the article without registering, I recommend you register – it’s free, because the article is worth the few key strokes of registration.
New York Times: “He spent it [$250,000] on a law degree. And from every angle, this now looks like a catastrophic investment. . . . a generation of J.D.’s face the grimmest job market in decades. . . . But improbably enough, law schools have concluded that life for newly minted grads is getting sweeter . . . . “Enron-type accounting standards have become the norm,” says William Henderson of Indiana University, one of many exasperated law professors who are asking the American Bar Association to overhaul the way law schools assess themselves. “Every time I look at this data, I feel dirty.”
I feel really sorry for new lawyers. Nobody could have predicted the dismal job prospects today. No job and a mound of debt is not what they worked so hard for.