Saturday, August 4, 2012
Following up on my previous posts (links below): National Law Journal: Law School — Still a Dodgy Investment, Analysis Suggests:
Three years ago, Vanderbilt [tax] law professor Herwig Schlunk was among the first academics to use hard salary data to calculate the economic value of a law degree — in essence, to evaluate a J.D. through the lens of an investor.
Schlunk has updated his findings using more recent data, but his conclusion was unchanged: Going to law school doesn't make economic sense for most students. "My overall assessment today is much the same as it was in 2009: Law school is a very risky (and expensive) investment; it should not be undertaken lightly."
- Schlunk: Is a Law Degree a Good Investment Today? (July 30, 2012)
- Schlunk: Is a Law Degree a Good Investment Today? (Nov. 11, 2009)