I did some research on how the class of 2009 was doing. Mind you that we had a pass rate of fucking 47% on the cal bar. So with 47% of my class passing the bar, its safe to say that the top 20% of the class more or less passed. So the best of my tier 4 class went out to the workplace. After typing in their names on the cal bar website the results were very discouraging.
Law review students are working at "boutique" PI firms, plaintiffs attorneys. Not that there is anything wrong with working at small shitlaw plaintiffs firms per se. But, when the BEST STUDENTS OF THE CLASS OF 09 ARE AT MOST GETTING THESE TYPES OF JOBS what the hell are the rest of the students going to do?? Im talking about moot court, law review, mock trial people that are working at fucking shitlaw firms, so small that when you go on the firm websites there is no bio for them. No pretty picture, nothing. Some of these top students got a photo at their shitlaw firms but the majority have not.
Before the great crash of 2008 some top grads from my tier 4 toilet would end up at some decent midlaw firms. SOME is the point. MOST ended up either not passing the bar or never found employment in the legal field or got jobs working in shitlaw. But with the top students working at shitlaw, and because mathematically its impossible for everyone to be top 10%, where the hell do the rest of us end up at??
The bottom 100 law schools are a scam. If you borrow to go to one of these schools you are fucked. If daddy or mommy isnt a lawyer with their own firm you are fucked. Beware the subprime lawschool bubble. Its growing bigger and costlier prior to its implosion. Realize that all bubbles pop. Look at the pain that Greece is going through as it has become the basket case of Europe. The market is demanding that Greece pay 23% interest on a 2 year bond. Absent a "credit" infusion from the ECB or the IMF the country will suffer a financial meltdown and the accompanying political unrest that follows said meltdown. The ravages of the ponzi continue to spread, slowly but surely taking down the weaker links until the head, the USA, is also taken down. Realize that the US is currently borrowing 12% of GDP. 12 PERCENT!! If you adjusted GDP by taking out statistical magic such as imputations, hedonic substitutions, and deflated CPI, its is probably around 16%. Absent the printing press run by Benron the US would be undergoing a deflationary holocaust 3 times worse then the crash of 1929. The ponzi will eventually go into entropy as it devours its hosts (read, debtors, you and I). Avoid the law school scam at all costs.