Saturday, 5 December 2015

Too Many Law Schools, Not Enough Jobs

The principle of supply and demand infiltrates all aspects of life, and unfortunately it's become especially relevant when talking about the influx of college graduates into a tough job marketplace. Law students are one group feeling that stress in major ways, and that comes at a time when critics are proclaiming that the American Bar Association is failing in its task of ably accrediting law schools.

Hard Times for Lawyers

According to The Chronicle of Higher Education, there are currently 200 accredited law schools in the United States. The American Bar Association (ABA) reported that 49,082 students entered those schools in 2007, and of the graduating 44,004 only 64% held a full-time position requiring their degree within nine months of leaving school. Further, median starting salaries for those graduates dropped 13% from the year prior. For students, that equates to roughly a two-thirds chance of securing a job you paid a lot to be educated for, and then likely not getting paid enough to do it.
Of course, the job market's tough for many professions right now. In May 2011 The New York Times reported that only 56% of bachelor's degree-holding college graduates from the class of 2010 had found a job by the spring after their graduation, down from 90% from the classes of 2006-2007. Worse, only about half those jobs required a degree in the first place. But then, those are undergraduate degrees - people who continue their schooling beyond their first four years often do so to obtain a measure of job security.
But that purported security may be part of the problem. In a bad economy, admissions to law schools and various graduate programs tend to jump as people look for dependable, high-paying jobs, and the past few years have been no exception. Unfortunately, it seems the job market that greets graduates of these programs isn't much more favorable than the one they'd be dealing with sans advanced degrees.

Bar Association Under Fire

However, the ABA - the accrediting body responsible for essentially determining the value of a school's law degree - has other problems on its hands. In June 2011, the National Advisory Committee on Institutional Quality and Integrity seriously questioned the association's competence in presiding over law schools. The committee found 17 areas where the ABA fails to comply with accrediting body standards, mostly related to their inability to track student loan default rates, to consider third-party criticisms and, yes, to hold a sufficiently decent standard of job placement.
The advisory committee, a branch of the federal government that reports to the Secretary of Education, has given the ABA a year to submit a report showing it's corrected or correcting their 17 missteps. Yet some within the committee advocated for taking away the ABA's accreditation recognition already, arguing that 17 errors is a lot to fix within one year. So although the Bar Association's free to continue its work for now, it's not quite business as usual - they'll have to tread carefully and fix some serious problems if they wish their authority to continue.

Higher Standards

And so the ABA has taken steps towards tightening up its own accreditation standards. They hope to elicit a better performance out of their schools, which should calm some of their critics. Among the proposed changes: making school administrators keep better records of their graduates' careers and raising the required percentage of students passing the bar exam on their first attempt (The Chronicle reports that that number currently sits at 75%, but the ABA may raise it to 80%).
Some law professionals feel that it's only a matter of time before the job market corrects itself - these things tend to move in cycles, after all. Victor Gold, dean of Loyola's law school, told The Chronicle that we're currently facing the 'worst job market' he's seen, and that 'those jobs will come back.' But that doesn't necessarily let the ABA's accrediting standards off the hook. Even with more jobs available for their charges, their other errors would still exist - and the next time the labor market experiences a downturn, they'll again be in a position to do their students a serious disservice. If nothing else, the ABA holding their institutions to tougher reporting and academic standards will produce stronger law schools, which should produce stronger lawyers. In any job market, that's a positive.
How are the demands of the job market changing the law profession?

What Can You Do With a Masters in Law?

A master's degree in law is not sufficient to practice law and is different from a Juris Doctorate, which is the degree earned before passing a state bar, part of the requirements to work as a lawyer. This article details a master's degree in law and the associated careers.

Careers with a Master's Degree in Law

Students who complete a general law master's degree program are often business owners and others in the business field whose profession often involves dealing with legal boundaries. Others include international businesspersons, who may enroll in LL.M. programs to gain a knowledge of international law so they can run and work a business on the international market.
These degrees are also useful for those working as lawyers. Lawyers often specialize in a specific type of law based on their monetary and personal interests.

Educational Requirements for the Different Law Professions

Programs in the legal field typically cover the legal system at distinct levels of education for specific careers in law. Find out about the education requirements of programs for a few careers in the legal field and learn about these career options, job growth, and salary information for graduates in this field.

Master's Degree in Law: Overview

Master's degrees in law are often called legal studies master's degrees or studies in law master's degrees. These degree programs are often meant for working professionals and can be taken at night and on weekends as part of a part-time master's degree program. These degrees may be offered online, as well. However, this program may also be offered as a full-time LL.M. degree for international students and American students looking for the study of international law.
In common legal studies and studies in law degree programs, students may take broad, required courses. These include an introduction to law and legal reasoning, in which students read and analyze cases in order to understand and predict answers to legal questions. Students also take classes in tort claims and economics. After taking these classes, students may choose a subject in which to concentrate. Concentration areas include constitutional law, disability law, criminal law, business law, environmental and real estate law, regulatory law and sports and entertainment law, among others.

Essential Information

Professional law careers include jobs like lawyer, paralegal and judge. All law professionals are required to have a comprehensive understanding of the legal system, but the level of education required and pay for each position varies greatly.
Career TitlesLawyerParalegalJudge
Education RequirementsBachelor's and Juris DoctorateAssociate's from Paralegal programBachelor's and Juris Doctorate
Projected Job Growth (2012-2022)10%*17%*1%*
Median Salary (2014)$114,970*$48,350*$115,140*
Source: *U.S. Bureau of Labor Statistics

Career Options

There are many career options in the legal field. These three, lawyer, paralegal or legal assistant, and judge, are probably the three most common positions to be found in this field. Lawyers try cases in court. Paralegals and legal assistants handle clerical work and research for lawyers and within law offices. Judges preside over courts and ensure that laws are applied correctly.
Continue reading for more in-depth discussions of these career options in the legal field, as well as salary and job outlook information and education requirements.

Lawyers

Lawyers instruct clients on what their constitutional rights are and their best approach for legal action. They work in different industries, such as corporate, public interest and government, and also specialize in certain types of law, like criminal or civil. Lawyers use their thorough legal knowledge to interpret rulings, present and analyze testimony and evidence, write legal reports and develop winning strategies.

Education Requirements

To become a lawyer, a student must earn bachelor's degree, attend law school, earn a Juris Doctor (J.D.) and pass the bar exam. Undergraduate degrees can be in any field, but the U.S. Bureau of Labor Statistics (BLS) states that programs focused on good research, writing, communication and thinking skills are best (www.bls.gov).
Taking the Law School Admission Test (LSAT) is required of all students applying to law programs. Once accepted, law students spend three years studying to become lawyers. Students commonly spend the first half of the duration studying subjects like constitutional law, contracts, property law, torts, civil procedure and other legal fundamentals. Students decide on a specialty during the second half of schooling and take classes related to that specialty. They also participate in projects where they apply what they've learned.
Each lawyer must pass a state bar exam to gain licensure prior to professional practice. To qualify for the exam, individuals must have a degree from an American Bar Association-accredited law school, or one accredited by the proper state authorities.

Employment Outlook and Salary Information

According to the BLS, employment opportunities for lawyers are expected to increase by 10% over the 2012-2022 decade, with 74,800 new jobs expected to be added over that time frame. The median salary for lawyers in 2014 was $114,970, based on BLS income data.

Paralegals

Paralegals assist lawyers with their cases by researching and analyzing evidence, testimony, rulings and laws. They commonly prepare and file paperwork, search public records and update clients regarding their cases. However, paralegals are prohibited from providing clients with legal counsel or representing them in court.

Education Requirements

To become a paralegal or legal assistant, most students attend a paralegal program that may last up to two years and result in an associate's degree. Individuals who already earned a bachelor's degree in a different subject can take a certificate program in paralegal studies. The BLS reports that a few schools also offer bachelor's and master's degrees in paralegal studies. Paralegal curriculum generally involves legal terminology, court procedures, litigation, ethics, types of law, state and federal laws, torts and real estate.

Employment Outlook and Salary Information

Demand for paralegals and legal assistants is projected to increase 17% between 2012 and 2022, as reported by the BLS. Paralegals and legal assistants earned a median salary of $48,350 in 2014, as indicated by figures from the BLS. The BLS data shows the District of Columbia, California, New Jersey, Alaska and Hawaii are among the top-paying states for paralegals and legal assistants.

Judges

Judges preside over court proceedings by ensuring laws are applied appropriately and proceedings are conducted fairly and orderly. Judges determine a case's outcome when a jury isn't required and they decide whether cases should proceed to trial. Other specific duties depend on the court a judge works in.

Education Requirements

A bachelor's degree and practical experience are typically the minimum requirements to become a judge, according to the BLS, but most judges get their start as lawyers. In fact, some jurisdictions require judges to have previous experience as lawyers.
Judges are typically elected or appointed to their positions. During their term, judges are usually required to take continuing education classes, and may also have to participate in a training program after taking office.

Employment Outlook and Salary Information

The BLS predicts opportunities for judges and magistrates will increase at a rate of just one percent during the 2012-2022 time frame, which is below the average expected growth for other professions. Judges and magistrates earned a median salary of $115,140 in 2014, according to the BLS.

Types of Law Degrees and Legal Studies Degrees

A law degree is required for individuals who wish to practice law in the United States. Three types of law degrees prepare individuals for work as a lawyer. These programs include Juris Doctor, Master of Laws and Doctor of Juridical Science.

Essential Information

Three main types of law degrees are available in the United States. The first degree students can enroll in is a Juris Doctor degree program and can complete it after three years of full-time study. The second law degree is the Master of Laws (LL.M.), and the third degree is the Doctor of Juridical Science (S.J.D.).
Some J.D. programs may be combined with other master's degree programs in specific facets of law, business or public policy, and these programs might last longer than three years. The first year of study focuses on basic topics, like international law, criminal law and civil procedure. Second and third-year students may customize their education to reflect their interests, taking electives in such areas as tax and business.
  • Program Levels: Juris Doctor, Master of Laws and Doctor of Juridical Science.
  • Prerequisites: J.D. programs require a bachelor's degree, LSAT scores, recommendation letters and a current resume. Master's programs are reserved for those who already practice law outside the U.S. or have their J.D. within the U.S. To qualify for a Doctor of Juridical Science program one must have a J.D. or LL.M. and professional law experience. A dissertation proposal is also generally required.
  • Program Specializations: Include human rights law, environmental law, technology law or taxation
  • Program Length: One year to three years.
  • Other Requirements: Dissertation.

Juris Doctor

Applicants must have bachelor's degrees, at minimum to enter this standard law degree. Prospective students don't need to take any undergraduate law courses or have prior experience with the judicial system. For the application, law schools will request scores for the Law School Admission Test (LSAT), recommendation letters and, in some cases, a current resume.
The first year of the curriculum covers core courses. Students may then choose a concentration and complete a required number of elective classes. Some possible classes include:
  • Torts
  • Constitutional law and patent law
  • Legal writing
  • Federal litigation
  • Environmental law and public interest law
  • Law and ethics

Master of Laws

Unlike most master's degree programs, which are considered to be the first level of graduate degrees, the Master of Laws is the second professional law degree after the Juris Doctor. An LL.M. program takes one year to complete with full-time study, and students may specialize in their interests, such as human rights law, environmental law, technology law or taxation. Because there are many different concentrations within LL.M. programs, curricula will differ. For example, a student enrolled in a tax law LL.M. program will gain a strong understanding of U.S. tax law. An LL.M. program mainly benefits international lawyers who wish to become familiar with and legally practice American law, but American lawyers who want to focus their studies on specific areas of law or prepare for an S.J.D. program may be accepted.
Classes depend largely on the type of Master of Laws degree program students pursue. Core courses in a particular area of the law must be completed, and then students choose electives of interest to them. Potential courses may include:
  • Estate planning
  • Corporate tax problems
  • Local and state taxation
  • Intellectual property law
  • Bankruptcy

Doctor of Juridical Science

The most advanced law degree in the United States, the Doctor of Juridical Science program can be completed on a full-time basis in three years. Many applicants to a Doctor of Juridical Science program are established law professionals with many years of experience. In addition, a S.J.D. program qualifies students to work in academic settings as law professors.
The program, which is research-intensive, requires students to know their research interests before beginning the application process. Most of a student's time will be spent on the completion and defense of a dissertation. The course requirements are typically dealt with during the first year of enrollment and determined by students in conjunction with their advisors.
A majority of the S.J.D. curriculum gets spent researching and writing a dissertation. However, a small number of courses must be completed before students begin their projects. Classes appeal to an individual's interests, and they may include:
  • Legal research
  • Business law
  • Legal advocacy
  • Family law
  • Migration law

Job Outlook and Salary Information

According to the U.S. Bureau of Labor Statistics (BLS), the employment of lawyers was expected to increase by 10% from 2012 to 2022 (www.bls.gov). Law firms, corporations and government agencies often hire lawyers. Fierce competition was predicted due to the large number of law school graduates. The annual average salary of a lawyer in May 2014 was $133,470.
Doctoral graduates may work in academia, teaching and writing papers while employed by a major law school. The BLS reported that the employment of professors would increase by 19% between 2012 and 2022. Postsecondary law teachers were listed as making a mean annual salary of $126,270 in May 2014.

Continuing Education Information

Graduates of a Juris Doctor (J.D.) program need to pass the bar exam before they can begin practicing law. Each state administers its own bar exam, but most require candidates to have graduated from a law school accredited by the American Bar Association (ABA). Lawyers must pursue licensure through the state in which they wish to practice law.

Is Law School Worth It?

In today's economy, many students are considering graduate school enrollment in order to delay entering a depressed job market. Law school, popularly known as the path to high-paying jobs, has tempted many students to bust out their old VHS tapes of Law & Order and make a glamorous video essay like Elle Woods. But with increases in law school tuition and a shrinking job market, is going to law school really worth it?

Know What to Expect

Many law school brochures boast about strong employment rates for graduates and starting salaries as high as $160,000. However, with the recession still shadowing the current legal sector, many students face growing amounts of student debt, disappearing job opportunities and increased competition for even temporary jobs. Law school is no longer a safe haven for students when the economy turns south. Instead, look at law school as a considerable investment with consequences (both financial and personal) that can follow you for the remainder of your life.

Know How Much You'll Pay

According to the American Bar Association, in 2012 the average tuition and fees for residents attending public law schools came to $23,214 per year. The average tuition and fees for a private law school were an average of $40,634 per year. Schools increase their tuition nearly 10% per year, and those costs don't include other expenses and interest on student loans.

law school tuition

Know How Much You'll Owe

Unlike undergraduate students, law students have considerably fewer options for taking out subsidized loans. The American Bar Association calculated that approximately 87% of all law school students take out some form of loan to pay for school. The average law school debt topped $100,000 in 2012, according to The New York Times.

law school debt

Know How Long You'll Pay

The Law School Admissions Council reported that a law school graduate with $100,000 of debt would have to pay $1,187 monthly in order to complete the typical 10-year repayment schedule. However, law school grads can request deferrals, which could extend the repayment process up to 30 years.

Know How Much You'll Make

The National Association for Law Placement (NALP) reports that the median salary for law school graduates in 2012 was about $61,200. About 40% of the salaries that were reported averaged about $55,000 or less. Law school graduates who found work with government agencies earned a median of roughly $52,000 per year.

Know the Job Market

The NALP notes that among reporting law school graduates in 2010, only 68.4% had jobs that required passing the bar exam. In addition, the number of temporary jobs for graduating law students doubled between 2007 and 2010 to nearly one in five. Bar passage rates in key states with large law communities continually outpace job creation, leaving a surplus of lawyers throughout the country. Some states are worse than others, as shown in the following diagram.

job trends for lawyers by state

Should You Go to Law School?

Attending any graduate school is a huge commitment which requires both your time and money. Given the current economic situation, lack of jobs and often overwhelming amounts of student debt, law school is not for students who simply want to delay entering the job market. Students must seriously consider what it means to carry large amounts of debt that cannot be discharged. Even second and bottom-tier law schools can cost students in excess of $150,000.
Jobs are scarce, and law students often have to sacrifice their original academic goals in lieu of finding a job that pays, often in a corporate setting. In the end, attending law school is a choice every individual has to make for themselves after evaluating all relevant financial, social and personal factors.

Law School No Longer Path to Riches

When thinking about a career path, many people consider the well-respected profession of an attorney. The law profession has been linked to high-paying, glamorous jobs through movies and TV shows. But, is becoming a lawyer a good investment, particularly in the midst of an economic downturn? Read on to learn more.

Where Have All the Law School Grads Gone?

According to the website Above the Law, the number of applicants to law school has decreased by 38% from 2010 to 2013. Furthermore, the number of students taking the LSAT has dropped roughly 34% between 2009 and 2013. Adam Cohen, a teacher at Yale Law School, notes in a 2013 case study for the Washington Post that job opportunities for law school graduates are scarce. This may explain, in part, why fewer students are attending law school.
Cohen cites three main pressures affecting the job market for law school grads: the Great Recession, outsourcing, and law firms intent on doing more with less. According to Cohen, 12.8% of students from the 2012 law school graduating class were still unemployed in February 2013. Furthermore, the overall debt of law school graduates averaged about $108,000 in 2012, as noted by U.S. News & World Report.
Given historically high unemployment numbers in the legal sector and skyrocketing school debt, it's safe to say there are strong reasons to avoid law school. Paul Campos, author of You Shouldn't Go to Law School (Unless), also says we've been producing too many lawyers for the number of jobs for many years. This has led to lower salaries and lower law school enrollment.

Job Outlook and Earning Potential

According to U.S. News & World Report, the median starting salary for law school graduates in the private sector was about $76,000 in 2011. Graduates of the top law schools, like University of Pennsylvania and University of California - Berkeley, saw median starting salaries around $160,000. While earnings potential may be strong for a select few, the U.S. Bureau of Labor Statistics (BLS) notes that the overall number of employed lawyers is expected to grow only 10% from 2010 to 2020, which is slightly slower than average compared to other career fields. Flagging job growth will be due, in part, to job competition, reports the BLS - there will be fewer job opportunities available for an increasing pool of law school grads.

There Is Still Demand for Lawyers

If you're still set on becoming a lawyer, don't be discouraged! Many people continue to say it's a smart career choice, despite somewhat grim job forecasts. For example, a 2013 study by Michael Simkovic of Seton Hall University Law School and Frank McIntyre of Rutgers Business School shows that the lifetime earnings for law school graduates are substantially greater than the price of law school. These scholars claim the lifetime average value of a law degree exceeds one million dollars.

Do Your Homework

As you look into law school, research each school's tuition costs, graduation rates, and average debt amounts. You should also research average starting salaries of a school's most recent graduating class, if possible. Speaking with a school's admissions counselor is often a good idea as well.
If you're still weighing your options, consider working as a paralegal or in another legal support career to get a better idea of what an attorney really does. You might also want to talk with friends and family about your decision; a practicing lawyer may offer worthwhile advice as well.