Law School Applicants Willing to Brave Gloomy Job Market

This morning we released the results of a comprehensive survey of law school applicants that we recently conducted. Our first annual law school applicant survey — conducted in partnership with Law School Podcaster and PreLaw Magazine — uncovered some interesting insights behind what drives today’s law school applicants.

There’s been a lot of talk lately about how some law schools mislead potential applicants by overstating their post-graduation career prospects. Are law school hopefuls aware of the bleak job market, disappearing six-figure jobs, and the heavy student loan debt associated with leading law schools? More importantly, do they care? The answers may surprise you.

The short answer to the question of, “Would today’s law school applicants still apply even if they knew their job prospects would be bleak upon graduation?” is YES, most of them would in fact still apply. And, many of these seem just as concerned about their long-term career prospects as they are with the question of what job they’ll land right out of law school.

Here’s what we found in our survey of more than 100 law school applicants:

  • 81% of respondents said they would still apply to law school now even if a significant number of law school graduates were unable to find jobs in their desired fields, while 12% said they would postpone applying until placement rates improved. Only 4% said they would not apply to law school.
  • Respondents are equally concerned with finding an appealing long-term career path and maintaining a healthy work/life balance once they start working (79%). Other key concerns include finding a job that allows them to pay off their student loan debt (72%) and using their law degree to make a positive impact on their community (69%).
  • 44% of respondents indicated a reasonable desired base salary upon law school graduation to be $75,000-$100,000, while 29% expect $100,000-$145,000. 11% of respondents anticipate base salaries over $145,000.

So why are they applying to law school in the first place? The majority of respondents said they want to go to law school because they are interested in the law and the way it shapes society and business (75%). Some admitted to having more practical reasons: 35% of respondents believe they will always be able to find some kind of job if they have a JD.

We’ve written a lot about”helicopter parents,” and we know that a lot of these parents are behind their children’s push to get into law school. However, only 13% of respondents are going to law school because their parents want them to attend. (Some of us wonder if the real number is in fact higher, but no 21-year-old wants to admit it.)

Finally, we wondered how much affordability factored into these applicants’ decision-making. According to our survey results, it’s only important to 54% of respondents in the law school selection process. Student loans (38%) and grants/scholarships (21%) were the two most common financing strategies for law school, while 14% of respondents indicated parental support will help them finance the degree. So, despite all of the chatter these days about runaway student loan burdens, it seems that the majority of those who do apply just accept the high costs as a fact of life.

Getting ready to apply to a top-ranked law school this year? Call us at (800) 925-7737 and speak with a law school admissions expert today. And, as always, be sure to find us on Facebook and follow us on Twitter!

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