Posts Tagged ‘experience’

One Way to Afford Law School: Wait Near End of Life Expectancy

In the AARP’s May 2010 issue, the magazine

All Rights Reserved

 featured this profile: 

Law School Graduate Alice Thomas, 79, Raises the Bar – AARP Bulletin

Why do you ask was I reading AARP, just happened to see it in the library and take a gander anyway…This elderly woman worked most of her life, had a family, grandchildren and was a paralegal with a Bachelor’s Degree. Anyone in the legal field generally is aware that paralegals make more than most associates and staff attorneys over a longer period of time, without the student loan monkey swinging in front of your bank account each time you have to decide which bill will you pay to survive.

This is what she did, she lived her life, observed people, the legal industry and human nature. Although it took her most of her life she found a way to afford law school but in the meantime found happiness in her life until that goal would be feasible. We sure could’ve used a mentor like her. Anyway, this should be a great anvil landing in front of you with a note stating: “Law school is not affordable for most, while others are living their lives with families, homes, and real vacations, you are spending your exploration years wondering how you’ll prevent Sallie Mae from making you live under a rock, not afford retirement, while interest deteriorates the possibility of defeating this debt.”

“There seems to be a trend in the media to not even mention seniors or, if they do, portray us all as doddering old fools,” Thomas says with typical bluntness. “Part of my motivation to complete a legal education was to try and prove this is not necessarily true.”

She sure did, managing a way to live a long life and EVENTUALLY going to law school without any student loans. Alice Thomas, this old lady had life experience before attending law school, she knew the score; figured out the game.

Los Angeles Times: California unemployment rate holds steady at 12.5% (and attorneys are feeling it)

California unemployment rate holds steady at 12.5%

The economy may be leveling off, although job prospects in professional fields still appear bleak.

LABOR

March 27, 2010|By Marc Lifsher

http://articles.latimes.com/2010/mar/27/business/la-fi-cal-jobs27-2010mar27

Quote from a newspaper article: ” Though small, the professional sector — which includes lawyers, accountants, architects and economists — has been pummeled by the recession, more than in any other recent downturn.”

Did we really need a newspaper article to tell us this? Either you or a family member is living through this, though this article is specific to California. I will say this, as California’s current 12+% unemployment is one of the highest, and black unemployment across the sectors (including professionals) is at 15%, means California is not a good place for a minority to seek new opportunities or advance their careers.

Anyway, I find it interesting that most of the media outlets tend to focus on new graduates, new graduates gripe about competing against those with a decade of experience but no one seems to pay attention to those in between. You know the ones who aren’t elderly, have less than 15 years of experience but aren’t new to the meat market. These are the ones who have a harder time playing catch up because they are ALREADY expected to have gain some experience regardless of the market, tier of law school they attended or just facing the harsh reality of the legal industry.

“The latest recession differs from downturns in the early 1980s and 1990s because it “hits across sectors and across occupations,” said employment lawyer Michael Bernick at Sedgwick Detert Moran & Arnold in San Francisco. Then the article gets embolden by stating that the job market is improving as the economy does, how is this so when this is considered a “jobless recovery.” Logic please.

Here it is: “I don’t know of any law firm that is hiring people who don’t bring new business with them,” said Bernick, a former state employment agency director.” So the person likely to have a “book” of business that will advance a current firm’s portfolio are those with 20 years experience. Not those still building or attempting to gain any experience, this we already know, yet people STILL are attending law school in droves.

Prospects are even tougher for newly minted lawyers, said Darry Sragow, managing partner at Sonnenschein Nath & Rosenthal in Los Angeles. “We don’t hire people straight out of school,” he said.” Ahh the focus on new attorneys, what about the rest of us? It’s either poor newbie or poor IVY Leaguer. ‘All I want to say is that they don’t really care about us.’