Paul L. CaronDean
Thursday, September 17, 2020
By Paul Caron
Following up on my previous post, NALP: Law School Class Of 2019 Attains Highest Employment Rate (90.3%) In 12 Years As Uncertainty Looms For Class Of 2020: NALP, Jobs & JDs: Employment and Salaries of New Law School Graduates — Class of 2019:
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It's interesting how the Department of Education's College Scorecard salary data, which it collects from everyone's tax returns, shows a median (not mean) law school starting salary of ~$53,000, whereas NALP reported the median (not mean) law school starting salary was $72,500. And by "interesting" I mean shows the NALP reporting to be scurrilous nonsense that purposefully overreports large law firm salaries and undercounts everyone else, as the organization itself admitted back during the law school crisis. Look at that chart - 19,779 salaries. Well, 33,954 people graduated in 2019. But some people's salaries are more meritorious of counting than others. No points for guessing whose...
Posted by: Unemployed Northeastern | Sep 17, 2020 9:02:23 AM
An incredibly bimodal distribution! This chart should be distributed when people apply for the LSAT, so they can have a wake-up call before they decide whether to take the test...
Posted by: Andy Patterson | Sep 17, 2020 9:07:47 AM
UT: "Look at that chart - 19,779 salaries. Well, 33,954 people graduated in 2019."
If the sample size is large enough to be statistically significant, which is north of 1,500, and the sample is sufficiently random, then 20,000 hits or 58% of the total is plenty of information to draw conclusions for a national population.
What else would you like to display your ignorance on today?
Posted by: MM Classic | Sep 21, 2020 6:49:47 PM
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