Regret Attending Law School?

NYULawyer
Fri, 21 Dec 2012 02:12:16 +0000

ROFLMAO. Um, I hate to break it to you, but no entry-level, unskilled job pays $50k a year - because people who have no marketable job skills aside from “Look at my shiny Ivy degree!” are worth that money. Your friends aren’t going to find a job that feeds them peeled grapes, provides complimentary massages and champagne, and gives them use the company jet, either. Incidentally, this is also some of the crisis facing law school graduates - few 25-year-olds are worth a six-figure salary, and most of them need it to pay off their loans.



The challenging part is getting the job in the first place. Once you are able to break in, many entry level jobs after college pay more than 50-60k a year to start out.

Heck, many of my friends working in I-banking, consulting, or trading are making well over 100k a year second year out of college. Some kids who were government, english, or psychology majors are making that much. Again, no way are these kids the norm in the grand scheme of things, but they were one of the few winners that scored the Wall St lottery pot after college.

Same as Biglaw. Most recent law grads don’t have marketable skills to directly contribute to law firms, but they get paid 160k a year starting out. Besides law, accounting, corporate finance, IT, Operations, or even PWM pay at least 50-60k a year straight out of school, with minimal skills/ experience. Again, the challenging part is actually landing the job in first place.

I had a couple of job offers my senior year college, somewhat finance related, that paid close to 65-70k a year to start. I declined both offers and chose to enroll at NYU Law. Looking back, I somewhat regret my choice, and think that at the least, I should’ve worked for at least several years at those said jobs and re-evaluate my long-term plans all the while building valuable experience and collecting pay check.

The primary reason for turning down those jobs was that both jobs required me to move to cities that I wasn’t so interested in. (both were located in mid-sized cities, in which I knew nobody) I am a huge city person, I naturrally wanted to seek a long-term career in a mega large city, such as NYC, SF, LA, or Chicago.