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</p>
<p>The oversupply only worsened this tendency. The other key factor is that for the most lucrative or most prestigious employment…whether corporate biglaw, clerking for a Federal judge, or working in a non-profit like the ACLU…one’s law school pedigree matters a great deal. </p>
<p>What’s more ironic from hearing from law school alum friends and colleagues in biglaw firms is that the public service law…whether for Federal agencies or non-profits like the ACLU are even more sticklers on top grades AND law school pedigree than corporate biglaw firms in major urban areas like NYC, Washington D.C., LA, etc. </p>
<p>Another thing to think about is that one major reason why so many law school students gun for biglaw jobs is not necessarily because they are prestige/materialistically oriented…but because law school loan debt* compels them in that direction. </p>
<p>If you don’t end up getting the $160k starting salary as a biglaw associate or prospects of a greater starting one after doing a Federal clerkship for a few years, one could end up like a friend who has a lawyer job paying in the neighborhood of $30k with half a million in law school and two years of undergrad debt hanging over his head. </p>
<p>Did I mention he’s considered one of the lucky ones from his law school class considering most of his classmates didn’t get jobs because they graduated right into the 2008 recession and had competition from higher ranking neighboring law school grads? </p>
<ul>
<li>Average of $200k+ from a private, $100-150k from a decent public.</li>
</ul>