TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Friday, February 14, 2014

Journal of Legal Education Symposium: Is Law School Worth It?

JLESymposium:  Is Law School Worth It?, 63 J. Legal Educ. 173-246 (2013):

Legal Education | Permalink


Law profs, if your knee-jerk reaction to the question is "of course law school is worth it," then ask this question: at what price and debt level is law school not worth the money?

Posted by: Jojo | Feb 14, 2014 6:55:22 AM

This question is so easy to answer, so why is there a neverending debate?

Top 14 school - Yes.

Top 25 School (measured % to Biglaw/FedClerk, not USNews) - Decent Gamble.

Below Top 25 - No, if it results in over $50,000 in debt.

If professors want to make their law school worth it, then they have to bring the price down. It is the only thing they can do. Instead, they beat their gums about tinkering with the curriculum and defending the indefensible.

Posted by: JM | Feb 14, 2014 8:29:48 AM

I'm confused. Didn't S&M just prove that law school is worth $1mm present dollars?

I just had an argument with my banker when I tried to borrow against it. Apparently, he hadn't read the article.

Posted by: Modest Proposal | Feb 14, 2014 10:42:31 AM

An emphatic no. It's not even really a debate. The Internet is the law school industry's worst nightmare because the truth is getting out. T14s carry plenty of risk. Why are UVA, Cornell, Michigan, etc. hiring a sizeable portion of their graduates in order to game the U.S. News?

Posted by: Juris Debtor | Feb 14, 2014 1:48:44 PM