Skip The College Career Counselor - Chris Williams Boils Down the Decision to Opt for Law School to 2 Intersecting Factors

 "1) Do you like to gamble? and 2) Do you know how compound interest works?" - Chris Williams, Abovethelaw, January 24, 2024

The two are related. The gamble is that you will get and keep a position in law or a related field with the compensation to pay off law school student debt quickly. Incidentally, last year the positions paying the big money, that is in large law firms, hired 19% fewer lawyers than the year before. Those that got in, well, hopefully they had luck holding on to that employment in these down years. 

That brings the second part which is that the interest on the original amount grows in a compounded way. Unless you wipe out the total pronto the amount can balloon to what will prevent everything from taking the job you really want to putting off having a family.

In career coaching I am on the clients' side. I want to save them money. If they ask this question about going for law school I will simply text the Chris Matthews' article. That says plenty. I doubt if further discussion will be needed. 

Complimentary confidential intuitive coaching session. No pressure. Maybe even some lightness of being. Please contact Jane Genova for an appointment (text/phone 203-468-8579 or email at janegenova374@gmail.com)


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