Reply to Law School

Forum Index » College and University Discussion

Reply to "Law School"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ignore the “top or bust” people.  GMU is fine and your kid will get a job. [/quote]

This depends upon a cost benefit analysis as to whether or not GMU law is a wise investment of one's time & money. The median starting pay for a GMU law grad is paltry compared to the median average first year earnings for a Georgetown Law grad (as well as for any other Top 14 law school). The difference in first year compensation for a GMU law grad versus a top 14 law grad is usually quite dramatic:
[b]
[b]George Mason law grad median first year earnings are $80,000[/b],[/b] while the [b]median earnings for a first year Georgetown Law grad are about $165,000[/b] and first year earnings for a [b]University of Virginia law school grad are about $190,000[/b].

Most graduates of Top 14 law schools start at major law firms referred to as Biglaw. Standard Biglaw salaries are lockstep for an attorney's first 8 years (although most last for a bit less than 4 years at their initial Biglaw law firm):

Biglaw lockstep salary and bonus for one's first 8 years:

1) $225, 000 base salary plus $20,000 end-of-year bonus = $245,000
2) $235,000 plus $30,000 = $265,000
3) $260,000 plus $57,500 = $317,500
4) $310,000 plus $75,000 = $385,000
5) $365,000 plus $90,000 = $455,000
6) $390,000 plus $105,000 = $495,000
7) $420,000 plus $115,000 = $535,000
8) $435,000 plus $115,000 = $550,000.[/quote]

Not true.  [b]That figure is over six  years old[/b] and from a third-party source [b]and also includes the low salary of those clerking[/b].  Of the Scalia students who are in private law firms, the median is $130K and $205 for the 75th percentile.  https://www.law.gmu.edu/assets/files/career/nalp2022.pdf[/quote]

The $80,000 figure is for the GMU class of either 2022 or 2023 (ABA data) and, of course, it includes clerkship salaries as do all of the figures cited in my post for other law schools. NALP reports median GMU salaries for the most recently reported year (either class of 2022 or 2023 as being even lower at $75,000.)[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics