This article is talking about a profession in which 25 year old fresh law school grads are pulling $150K+ per year here in Houston. Give me a break.
What does that mean?
Correction: A TINY minority of grads make that money. The vast majority of attorneys never see that salary level.
Only about the top 10% of the class gets hired by the big firms, which pay the big bucks (and also require ridiculous hours). Most freshly graduated lawyers don’t make even close to that.
I went to UH Law and know how hard it is to get a job, even one that doesn’t pay well at all. Many lawyers are making less than teachers. It took me a year after passing the bar to get a real job (where I wasn’t working as a clerk or as a sole practitioner during cases no one else wanted),and that wasn’t exactly a job to write home about.
Plus many of the bigger firms are laying off. Or at least freezing hiring.
Additionally, the salary isn’t as impressive once you consider the $120,000 in student loans that need to be paid back.