No,this is not a joke. The article begins with:
By now, most people know a law degree hardly guarantees law school graduates will snag a good job, let alone a high-paying BigLaw position.
But it may be even tougher than you think to get a high-paying legal job just out of law school. Hiring law firms, if you thought you were low-balling new grads, think again. (Boston Business Journal 06/01/2012): Legal job market hits new low: BC Law lists job below minimum wage
Yahoo’s version: (06/01/2012) Attention Lawyers: Get Your … $10,000 a Year Salary:
The beginning of the article states: Attention college students applying to law school: put down the LSAT prep book. You might want to consider another line of work.
How can this be legal, it reminds me of how waitresses are paid poorly on an hourly basis then make most of their money on commission, maybe this is the same scheme. For shame, BELOW MINIMUM WAGE. Sallie Mae, SLM, Access, Nelnet does not care: All they say is _________ , you better have my money with a financial, back-handed slap known as late charges, additional finance charges, interests and other ‘costs.’
This has been going on for decades. Mainstream media is just late to the party; I would dare say ‘fashionably late.’ The kind of oh I was going to get there, so when I (mainstream media) arrive I appear to expose this dying legal market.