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An Expensive Law Degree, and No Place...

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Mental_sachinodu
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Posted on Tuesday, June 28, 2016 - 08:59 am:       


Tilak:

the new blue collar (tech jobs) kooda repu same situation.




thappu anaana vunkl
 

Tilak
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Posted on Tuesday, June 28, 2016 - 05:06 am:       


Mental_sachinodu:

the new blue collar (tech jobs) kooda repu same situation.



Team India : NaMo - Parrikar - Gadkari - Prabhu - Piyush - Smriti - Uma Bharti - Sushma
 

Mental_sachinodu
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Posted on Monday, June 27, 2016 - 04:11 pm:       

can be said about many sorts of fields.

the new blue collar (tech jobs) kooda repu same situation.
 

Telugu_times
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Posted on Monday, June 27, 2016 - 04:09 pm:       

oka Hyd mu slim ammayi valparaiso lo law chadhivindhi, state bar exam kooda pass ayindhi
she is doing ok, not so great
andhukey abcd gaallu, Medical eschool venta padedhi
minimum safety pakka
Ignore spam.
 

Andhravodu
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Posted on Monday, June 27, 2016 - 02:02 pm:       


Savyasachi:

bestthing to do now is to Sue the university he studied. get nation wide exposure and then get a job after negotiating a good pay


how? emani case vestadu, unless university did fraudulent advertising. monnee madhya oka law college grad case vesindi, tappu dova pattincharu ani, court mottam vini, Inga chaalle take it easy ani case kottesindi. fraud/negligence/intentional misleading ni prove cheste tappa, not easy to sue
Some things don't change. the rest are useless
 

Rgb
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Posted on Monday, June 27, 2016 - 02:00 pm:       


Savyasachi:

bestthing to do now is to Sue the university he studied. get nation wide exposure and then get a job after negotiating a good pay




Adhi kooda challa mandhi tried and failed

A jury in San Diego on Thursday rejected claims by a law graduate, Anna Alaburda, that the Thomas Jefferson School of Law enticed her to enroll by using misleading graduate employment figures.

In the first — and perhaps last — such case to reach the courtroom, Ms. Alaburda, 37, argued that the school reported a higher percentage of its graduates landed jobs after graduation than was actually the case, and that she relied on the bogus data to choose to attend the school.

After amassing more than $150,000 in debt to graduate in 2008, she has been unable to find a full-time, salaried job as a lawyer, she says.

A jury voted nine to three to reject her claims.

Still, unlike more than a dozen other disgruntled lawyers who have tried but failed to bring their former law schools to trial for counting their graduates’ post-degree jobs such as waitresses and bartenders as full-time legal employment, Ms. Alaburda survived attempts over the past five years to sink her case.
 

Rajin
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Posted on Monday, June 27, 2016 - 01:59 pm:       


Saarang:

Ante in a new career or continuing in old job?



law degree tarvta state bar exam passed , edo law firm lo working drawing decent to good ani vinna
 

Rgb
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Posted on Monday, June 27, 2016 - 01:58 pm:       

II Article Jun17 esi Jun21 lo ii article vesadu

Main thing cheppedhi medium and lower schools/firms lo vallaki salaries taggayi. Higher end firms lo demand perigindhi.

Things are harder for every other law graduate. Law firm starting salaries are bimodal — meaning that while 17 percent of graduates earned a median salary of $160,000 in 2014, about half had a median starting salary of $40,000 to $65,000.

Law School a Solid Investment, Despite Pay Discrepancies
http://www.nytimes.com/2016/06/22/business/dealbook/law-scho ol-a-solid-investment-despite-pay-discrepancies.html
 

Saarang
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Posted on Monday, June 27, 2016 - 01:57 pm:       


Meghan:

Monna edo immigration vishayam lo murthy vadu 20min appointment ki 250 denkadu...
same doctor single appointment 560$ denkuthhunnaru




Law varaku, the ones that are succesful do really well...chettu kindha pleader type batch daggariki evvaru ellaru.
 

Saarang
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Posted on Monday, June 27, 2016 - 01:55 pm:       


Rajin:

nenu cheppina vallu bagane settled...




Ante in a new career or continuing in old job?
 

Meghan
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Posted on Monday, June 27, 2016 - 01:50 pm:       

Monna edo immigration vishayam lo murthy vadu 20min appointment ki 250 denkadu...
same doctor single appointment 560$ denkuthhunnaru

Appatnunchi HD pillalu lawyer/Doctor ani koorchundi

Atleast idi choopinchi lawyer ni cancel cheyinchochu
 

Filmbuff
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Posted on Monday, June 27, 2016 - 01:48 pm:       


Saarang:

Ikkada kooda too much supply being created. Almost all top schools increasing class sizes, starting evening, weekend, executive MBA programs and starting new campuses across Asia. US West coast lo last few years lo Wharton, Carnegie Mellon and Univ of Michigan started new campuses.




Same is the case in India too. Prathi IIM lo addamaina courses have been started - PGSEM ani, PGX ani, EPGP ani....daniki thodu reservations tho numbers double ayyayi..so the average quality of output has seriously take a dip, some of the recent passouts i have met are seriously disappointing..
 

Rajin
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Posted on Monday, June 27, 2016 - 01:48 pm:       


Rajin:

annai please brief , telisina vallu valparasio In nunchi Law degree chesaaru 2011 passed out anukuntaa ... ippude entha vella position?



ok, ok ippude chadivaa jobs kastangaa vundanaa? , emanna teda vachhindemo school ki anukunna, nenu cheppina vallu bagane settled...
 

Savyasachi
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Posted on Monday, June 27, 2016 - 01:48 pm:       

bestthing to do now is to Sue the university he studied. get nation wide exposure and then get a job after negotiating a good pay
 

Rajin
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Posted on Monday, June 27, 2016 - 01:45 pm:       

annai please brief , telisina vallu valparasio In nunchi Law degree chesaaru 2011 passed out anukuntaa ... ippude entha vella position?
 

Saarang
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Posted on Monday, June 27, 2016 - 01:43 pm:       


Filmbuff:

And sooner or later this is bound to get into b-schools too.




Ikkada kooda too much supply being created. Almost all top schools increasing class sizes, starting evening, weekend, executive MBA programs and starting new campuses across Asia. US West coast lo last few years lo Wharton, Carnegie Mellon and Univ of Michigan started new campuses.

http://www.wsj.com/articles/SB100014241278873240208045781494 01469861448
 

Filmbuff
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Posted on Monday, June 27, 2016 - 01:29 pm:       

This has been a steady trend over the past few years. Apart from the top few colleges, lawyers are struggling to get a job, leave aside pay back their loans. And sooner or later this is bound to get into b-schools too.

Law as a profession has been hit by forces affecting fields like manufacturing - technology, outsourcing. For a lot of the grunt work that law associates traditionally used to do like searching for case laws etc there are online databases and softwares that do this easily. Many law firms are also outsourcing a lot of this low end job to India based LPOs.

In many cases, there are so many documents that are freely available online that i can make a term sheet or SPA without any lawyer's help. I can take their help only at a late stage.

Above all, the very concept of billing by the hour is being shifted to fixed pay or outcome based pay.
 

Andhravodu
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Posted on Monday, June 27, 2016 - 01:28 pm:       

law school oka decade nunchi bokadia anta. hot property is tech ante. kids ki either tech/engineering cheyinchali lekapote highschool passout police/firefighters ani decided
Some things don't change. the rest are useless
 

Saarang
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Posted on Monday, June 27, 2016 - 01:21 pm:       

http://www.nytimes.com/2016/06/19/business/dealbook/an-expen sive-law-degree-and-no-place-to-use-it.html?action=click&con tentCollection=Opinion&module=Trending&version=Full&region=M arginalia&pgtype=article

Good article from Times...some highlights:

John Acosta is a law school success story. He graduated from Valparaiso University Law School — a well-established regional school here in northwestern Indiana — in the top third of his class this past December, a semester ahead of schedule. He passed the bar exam on his first try in February.

Yet in financial terms, there is almost no way for Mr. Acosta to climb out of the crater he dug for himself in law school, when he borrowed over $200,000. The government will eventually forgive the loan — in 20 years — if he’s unable to repay it, as is likely on his small-town lawyer’s salary. But the Internal Revenue Service will probably treat the forgiven amount as income, leaving him what could easily be a $70,000 tax bill on the eve of retirement, and possibly much higher.

Nationally, the proportion of recent graduates who find work as a lawyer is down 10 percentage points since its peak of the last decade, according to the most recent data. And though the upper end of the profession finally shows some signs of recovering, the middle and lower ranks remain depressed, especially in slower-growth regions like the Rust Belt.

As of this April, fewer than 70 percent of Valparaiso law school graduates from the previous spring were employed and fewer than half were in jobs that required a law license. Only three out of 131 graduates worked in large firms, which tend to pay more generous salaries.

In February, Valparaiso announced it was offering buyouts to tenured professors. As of May, 14 of 36 full-time faculty members had either accepted the package or retired. The law school plans to reduce its student body by roughly one-third over the next few years, from about 450 today.

A decade ago, a large majority of graduates from the top 10 to 15 law schools who wanted full-time work at a big law firm could get it, said Paul F. Campos, a law professor at the University of Colorado at Boulder, who has written extensively about the economic prospects of law school graduates.
Photo
Heritage Hall houses the law clinic at Valparaiso. Credit Joshua Lott for The New York Times

With big-firm jobs drying up, however, many of these graduates began competing for lower-paying spots at midsize firms, which also downsized, and certain government jobs they wouldn’t have sought in an earlier era.

“That takes those jobs off the table,†Mr. Campos said. “It has ripple effects all the way throughout the profession, so that a small law firm in northwest Indiana can say to recent grads: ‘We want you to work for free. We won’t pay you.’â€

Valparaiso was, in effect, caught in a deflating financial bubble, one most law schools were slow to heed because of the government’s role in financing legal education. Applications ultimately tumbled about 40 percent nationally between 2010 and 2015, and by a roughly similar percentage at Valparaiso.

Professor Organ believes that some law schools will in fact shut down. He draws an analogy to dental schools, which experienced a similar collapse in applications in the 1970s and 1980s, leading to the eventual demise of about 10 percent of all schools by the early 1990s.}

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