tag:blogger.com,1999:blog-3521318064826848712.post5161146420953647103..comments2023-10-19T04:51:53.516-05:00Comments on The Legal Dollar: Greed and Horse GamblingManaging Partnerhttp://www.blogger.com/profile/05130017520583425490noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3521318064826848712.post-21525425908754548062010-09-12T15:03:59.389-05:002010-09-12T15:03:59.389-05:00Dan - I really agree with you with regard to the a...Dan - I really agree with you with regard to the amount of marketing that law schools do and I really like your idea of requiring undergrad institutions to spend more time on career planning with students. It seems like this could quite legally be made a requirement by making it a condition of extending federal student loan dollars to the students at the school. I am concerned, however, that the people helping the students would be academics - it would seem to be a direct conflict of interest because the educational institution would like to sell more services and might choose to co-opt the program to provide even more indoctrination. Maybe an alternative is to require that the program be performed by a third party or non-profit?Managing Partnerhttps://www.blogger.com/profile/05130017520583425490noreply@blogger.comtag:blogger.com,1999:blog-3521318064826848712.post-17990194473338856532010-09-12T14:58:16.931-05:002010-09-12T14:58:16.931-05:004:49 - Thanks! I certainly agree that both fear a...4:49 - Thanks! I certainly agree that both fear and greed are big factors. Your percentage of 75% of law students going to school based on one or both of these factors is disappointing, but I'll take your first-hand view as a former 1L. One other thing that someone mentioned to me recently - we tell our children that the way to have the best life is to "stay in school" as long as they can. Someone suggested that this blanket assertion that is being told to students for literally, what, 16 years before they graduate from college?, is unfotrunately pre-programming them to not consider the pros and cons of the situation.Managing Partnerhttps://www.blogger.com/profile/05130017520583425490noreply@blogger.comtag:blogger.com,1999:blog-3521318064826848712.post-67290104411950620532010-09-11T17:25:24.423-05:002010-09-11T17:25:24.423-05:00Another problem I see is that once someone graduat...Another problem I see is that once someone graduates college in this climate with a liberal arts degree, it is not as if their other options are great. <br /><br />Now add in the marketing issue. Compare the amount of marketing Higher Ed institutions (specifically law schools) do vs. entry level employers (sales, retail, insurance, etc.). It's not even close. <br /><br />In my opinion, it is unfair and short sighted to blame liberal arts grads for not appreciating the risk in this economic climate and the amount of marketing + indoctrination-based pressure. <br /><br />The real way to attack the issue is to have undergrad institutions spend more time with kids planning majors vis a vis the job market. <br /><br />I would think with all the easy federal money flowing into schools the people in career services, planning, and teaching could help out in this respect.Danhttps://www.blogger.com/profile/15729532031872959652noreply@blogger.comtag:blogger.com,1999:blog-3521318064826848712.post-3696281766751131442010-09-11T16:49:01.076-05:002010-09-11T16:49:01.076-05:00Both authors are correct, but as someone who finis...Both authors are correct, but as someone who finished their 1l year then dropped out, I can say that the percentage of people who go to law school simply out of fear (Placating their parents), no idea what they want to do with their lives, and greed, is really more like 75% of the students. The reason my statement is that 75% of the students are either straight from college or one year out. No one that young can have the level of appreciation for the legal profession that is required once you start practicing. These individuals are simply there because they have no idea what to really do with themselves and law school seemed like a good place to postpone adulthood while also placating your parents. Keep up the good work managing partnerAnonymousnoreply@blogger.com