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To: EEGator

No they don’t. I didn’t read where she was a lawyer until after I posted and have even less sympathy. We don’t need more lawyers, though that isn’t why I have less sympathy.

Lawyer wages are starting to deflate. Though it is traditionally a higher that median paying job, which is what makes her complaints even more egregious in my mind. She is one of the few who should pay a lot for education because they payback will be a lot. Risk/reward-investment/return. For most people I don’t think shelling out 6 figures is worth it.

And I don’t begrudge anyone doing what they want. I truly would never want anyone to have to take a job that is unsatisfying. But if you crowd a high paying field with new labor (e.g. lawyers) wages will deflate and education costs will inflate. In fact lawyers are being forced out of their partnerships (by mutual agreement/contract) to make room for the young bloods... which to me make absolutely no sense. A lawyer with 40 years experience is worth a lot more than one with four. But the firms need to give the younger ones the experience and get a return on their investment in them too. So a lawyer in a good firm will do well, but will not necessarily have more than 30 years - she will be out when he/she is 60 or so by mutual agreement. This serves in part to keep the ranks thinner and shift the supply/demand curve.


82 posted on 03/17/2012 3:32:28 PM PDT by monkeyshine
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To: monkeyshine

I agree that what she did wasn’t wise. I went to community college, and now I’m at a state college. I also used the GI Bill. My loan payments won’t be large when I am through.

It just seems that many posters here at FR continually down college. So many people go now that’s it’s extremely hard to get a job without one. I had a TS/SCI clearance, was a veteran, and had an excellent letter of recommendation from a high ranking Federal official. I didn’t get hired due to my lack of a degree.


83 posted on 03/17/2012 3:54:14 PM PDT by EEGator
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