Quote:
Originally Posted by DrPhil
What do the GC attorneys and law students think? Is this "law degree losing its luster" just drama and hype?
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The headline is drama and hype. The story is a reflection of the economy. It's also a bit of hype, in that historically not all lawyers have made "lots" of money. Comparatively I'm not even sure you can say "most" have, depending on how one defines "lots" of money. Most lawyers make a comfortable living. There's a difference. I wonder how many grads come out of law schools expecting the high-paying jobs that most of them will not get.
Then there's the question of whether part of the problem is that there are too many lawyers. Are law schools turning out more lawyers than the population and economy can reasonably support?