Is Law School Worth It?

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Law school is a big investment. Even if you have a full ride scholarship, you are still investing three full years of your life in the pursuit of becoming a lawyer. And these are not three dreamy years of relaxing on the beach. Oh no, law students routinely talk about law school as the most stressful time of their entire lives.

And for most students the financial investment is very large. When law school is $60,000 per year plus living expenses, it’s no surprise that law students often graduate with over $200,000 in law school debt alone.

So bottom line, law school costs a lot of money and take a lot of time.

But is it worth it?

The payoffs can be huge. Some first year associate salaries at big firms are up to $190,000 per year. Being a lawyer can be a great vocation. But it’s not for everyone.

In this video we’re going to talk about who will get the most out of law school. We’ll talk about who should not under any circumstances go to law school.

We’ll talk about the economics of the huge upfront costs of law school and law school debt.

And most importantly we’ll talk about when it’s worth it to make the plunge.

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★ Got law school questions? Ask in the comments!
★ Tweet at us on Twitter @LegalEagleDJ

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Got questions about law school? Leave them in the comments!

LegalEagle

As a lawyer once told me, "the only good thing about being a lawyer is telling people I'm a lawyer".

mikeokkerts

Going to law school is so worth it. I even got a double deal. Got my degree and crippling depression as a free bonus.

cpurizumu

If I had a dollar for every time I was told I should be an Attorney by family & friends I'd be able to afford law school.

imPladdy

I wasn't sure that I wanted to be a lawyer. Having worked as a caseworker out of college, it seemed a law degree would be valuable in advocating for people. I worked a few years and interviewed a number of attorneys (the interviews didn't really help) before going to law school. From day one I hated law school. The cutthroat competition, inflated egos of professors, I wanted no part of it. I did has little as possible and graduated low in my class. My third year I did the 3L practice in a prosecutors office. Did not enjoy it...thought it would be more fun to be a cop if I had to work in law enforcement. When I graduated with a lot of debt and no clue what I wanted to do as an attorney, it seemed like a huge mistake. After I passed the bar, 9 months after graduation and living on credit cards, I was offered a job as a prosecutor out of the blue based on a connection made from clerking. I turned it down based on my prior experience as a 3L. A few days later I reconsidered and they were gracious enough to hire me. And from that point on everything changed. Although I hated law school, I absolutely love being a lawyer. I was a state prosecutor for 3 years, JAG for 9 years, and have been a solo for 4 years now. I love working for myself. I work long hours but I am very good in court and make a lot of money, and my clients appreciate the attention I give their cases and the results. My point of this is that you can only make the best decision at the time. Information is never perfect, so there is always some risk and chance. But as long as you make the best decision for yourself that you can at the time, and do not give up when things are tough, then good things will normally come.

redclayfarm

I have zero interest in being a lawyer, but I'm loving these videos.

glockbell

that's why you gotta go to law school at the university of american samoa online classes like saul goodman

rafalpanwojny

It's worth it if you start a YouTube channel and review lawyer shows.

dannyboyz

I dated an attorney and she said, "You only become a lawyer for one of two reasons; the money or the power, (i.e. DA, Attny Gen., politics, etc.)". She worked in corporate law and did quite well financially.

darrickmitchell

The answer is no. I speak as an attorney, licensed since 1992.

Working as a solo lawyer is a constant struggle to bring in paying clients. Very few people land those choice positions with prestigious law firms making $160, 000 per year. Those are B.S. pipe dreams that law schools sell you on, in order to get your tuition dollars.

Because I graduated in 1992, my law school education did not cost me $40, 000 per year. I cannot imagine being saddled with that kind of horrible debt, and then trying to scrape by year after year.

And it's not a glamorous job, like on TV or in the movies. It's hard work behind the scenes before you ever appear in a court room.

FenderStrat

I'm a law school graduate who has not passed the bar yet, but I have no interest in working in big law. A public defender is what I really want to do.

AndyMmusic

I'm a 1L in an evening division (I work full time during the day) and while I am exhausted from just finishing my first semester finals, I can honestly say that this is exactly what I have always wanted to do. I look forward to becoming a practicing attorney in a few years!

kellydell

Law school made sense for a few of my friends because their parents were able to help with the tuition and living expenses. They also went during a down economy where getting a job wasn’t easy anyway, hence potentially a lower opportunity cost.

trevorramos

There's something that never gets mentioned when talking about these topics: if you are doing some studies begrundingly because you don't really want to, but your family expects you to become a lawyer, you are going to suck at your job. Even if you are a good student because you have been pushed to study hard, then the job is going to kill you.

LisaSimpsonRules

This guy seems really likeable for a lawyer...suspicious.

stevm

I loved law school. I loathed being a litigator (despite a pretty great record). Happy to have settled into a less emotionally demanding position that I couldn't have without law school. Evidence aside, understand that the justice of law is intensely emotionally and temporally demanding. Most lawyers I know kind of hate being lawyers. Not all, but it isn't shady it looks like on TV. It's a lot of meticulous paperwork, research, and writing. If you're good at those things, you could do well as a lawyer.

mamatthews

"If you can't imagine doing anything else go to law school." That gave me so much encouragement. I really want to do immigration law but have so much anxiety about the LSAT.

chelsearivas

want to learn how to argue? just spend more time on the internet...

want to learn how to argue in latin? then go to law school.

kingjames

Reason why lawyers are unsuccessful is because they don’t want to be lawyers in the first place. They do it do to family pressure or prestige. No huddle.

PIPERBOYWILLIAMS

The only thing that makes sense is to get a high LSAT score and look for full rides. Otherwise, you're f'ed.

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Is Law School Worth It?