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<p>The vast majority of law school student body is comprised of humanities grads, who chose law school due to lack of other options. Where I was getting at is that law school shouldn’t be viewed as the “Plan B” for humanities grads, since the employment prospects of large chunks of law grads are very poor.</p>
<p>The most fundamental problem with law is that ABA doesn’t control the supply of law schools, and hence, the supply of lawyers in market. Even when the economy was great, most law grads from lower ranked law schools struggled greatly with employment. What the recession changed was that it now impacts the employment outcome of law grads from very top schools, also.</p>
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<p>I can see your side of argument. However, if your degree is in a quant-heavy and technical discipline, worst comes worst even if the economy absolutely crashes and you encounter that cycle you mention, you can still leverage your B.S in engineering or CS to head to grad school in eng/ CS, buy some more time and gain more skills, and try to coincide your graduation with improving economy. Or, like I mentioned earlier, you can leverage your technical degree to get into other industries that may be doing better than your specialized fields, such as quant finance (these employers really care about your mental math/ quant ability and aggressively recruit high-performing engineering students)</p>
<p>Another option could be that, with engineering/ CS background, you can head to law school. A BS in engineering / CS combined with a JD from a top law school = license to print money, even in this economic climate. (IP/ Patent law is the most lucrative area of law, and there aren’t many lawyers with engineering backgrounds, hence, the supply of lawyers with these skills are limited)</p>
<p>Most of liberal arts grads won’t even have that option, since the job market for the vast majority of liberal arts grads are not very good, regardless of economy.</p>