In a fitting update to Lael's post from last week, US News and World Report is reporting on the status of the legal profession's economy in a write-up entitled "Law School Grads Face Tougher Economic Times."
The truth is that the legal profession isn't what it once was. It is hard to get a job, especially a high-paying entry job to pay off student debt. As is pointed out in that article, it is a gamble for even the most brilliant student to incur a crushing amount of student debt in the hopes that high income will allow the new lawyer to pay it off.
This story is a great reminder to me of two things - first off, how grateful I am to be able to practice law without the burden of debt, thanks to the vision of OBCL. Second, it's a reminder to me of the great potential of the Alumni Association. We exist, in large part, to network graduates with Alumni that are established in their professions, so that institutional knowledge, practical wisdom, and yes, jobs can be available for the entire body of students and alumni.
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