Is Law School Worth It?



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Law school is a big investment. Even if you have a full ride scholarship, you are still investing three full years of your life in the pursuit of becoming a lawyer. And these are not three dreamy years of relaxing on the beach. Oh no, law students routinely talk about law school as the most stressful time of their entire lives.

And for most students the financial investment is very large. When law school is $60,000 per year plus living expenses, it’s no surprise that law students often graduate with over $200,000 in law school debt alone.

So bottom line, law school costs a lot of money and take a lot of time.

But is it worth it?

The payoffs can be huge. Some first year associate salaries at big firms are up to $190,000 per year. Being a lawyer can be a great vocation. But it’s not for everyone.

In this video we’re going to talk about who will get the most out of law school. We’ll talk about who should not under any circumstances go to law school.

We’ll talk about the economics of the huge upfront costs of law school and law school debt.

And most importantly we’ll talk about when it’s worth it to make the plunge.

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32 comments

  1. There is an error in the video. You have to bill 3,000 hours minimum at a big firm, not work 3,000 hours. It's much more likely you'll be working 4,000 to 6,500 hours a year. If you are prepared do those kinds of hours and capable of getting into a top law school and performing near the top of your class, get a MBA and do Investment Banking instead. You'll still be working grueling hours and jeopardizing your long-term health, but at least you'll make double.

  2. I feel like this applies to other graduate programs as well, which makes this video really good advice for a lot of people 👍 Thanks for the reality check

  3. I work full time because the cost I'd living in south florida is expensive, so for now I study part time. It seems I'll be finishing law school at about 32 or 33, is that still okay to be a new lawyer at 33?

  4. I started watching his videos a few months ago and my teacher told us to do a career interest survey and than look up a youtuber or tiktoker who does whatever job you are interested in and i want to be a lawyer so yeah thank you 🙂

  5. I’m lucky in that I got a really good scholarship and some work study (legit, half of my cost of law school is paid for if I keep my grades up), and I’m certain that law is something I’m interested in, but I also know for a fact that I’m not into Big Law (as the cool kids call it) and am looking more into being a defense attorney, public defender, working in juvenile law, or working in civil rights law (especially disability law, because disability rights are something I care about a lot), and I know that the latter three of those options are some of the harder things to do as an attorney, as well as some of the most low paying. But still, unless I get there and I find out I hate law (which I doubt, because in my undergrad legal writing class, I was able to get into ski law (and I not only don’t ski or snowboard, but that class made me never want to try those things ever because of how the law works), so if I can get into ski law, I think I’ll be fine with other types of law that aren’t my focus), I think law school is the right decision. (It also provides an easy opportunity to get the hell out of my hometown, which is great.)

    Also, for those of you wondering how to learn to argue that doesn’t require law school, take English rhetoric courses or philosophy courses (especially logic, ethics, and political philosophy).

  6. Its only worth it if you want to be a lawyer. Just like being anything is only worth it if you want to be it. Thats why I feel the time to become one is so long, or everyone would do it just for the money and not actually become something they want because they simply want to. Im 21 and im in the process of just beginning my lengthy educational process of becoming a lawyer(it is a huge commitment) and let me tell you I'm super excited and I completely disregard any debt or obstacle that might be in my way because simply I want to practice law.

  7. well considering the lawyer suicide rate and the amount of people who want out and do get out its definitely not worth it, not trying to discourage anyone but just letting everyone know that people wanna get out of law so why would we even go in it in the first place.

  8. Law schools are free here in my country ( I live in middle east ) but the bar exam we gotta take after graduating, is so freakishly harder than the one you guys take in the US. and also the salary you get here has nothing to do with how good you do in law school! Here it's all about having connections and knowing soo many people.

  9. "If you can't imagine doing anything else go to law school." That gave me so much encouragement. I really want to do immigration law but have so much anxiety about the LSAT.

  10. Given some law offices are now making headlines offering $300k starting…. Many Engineering students come out of school with similar levels of debt yet will get at most $75k starting.

  11. It's nice to make career decisions based on your passions and interests but the reality is, law school can often be the only viable career path for an individual that provides a decent salary. Is the mere practicality of establishing a likelihood of securing a decently paying stable job after graduation enough to attend law school? You may be very interested in law school but you may not be overcome with passion for it, is this okay?

  12. Sigh. I don't want to be a court lawyer prosecutor/defendant. My background is in technical writing and as such I need to look through documentation to make sure it is legally sound. I keep debating if I want to go to a law school. A lot of the places I have looked for jobs prefer a legal background for the jobs I am looking at.

  13. How do law firms know you are a top student at a top school. I understand you should say what university you got your degree from so that answers the top school part, but Its not like your degree certificate says your gpa nor is it general practise to show your transcript to employers( think), so how would they know. Im just an undergrad at the moment. Can someone explain

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