Go for Law School and a Mountain of Debt at Mid-Career?


Greg writes:
I’ll get right to the question. I’m 36 considering law school next year. With my mortgage and educational loans after completing law school I will be faced with just over $200000 of debt. QUESTION: At this stage of the game is a legal education worth it? Any input you may have is greatly appreciated.


The Career Doctor responds:
You should probably talk to a number of people to get as much advice as possible. Talk to a financial adviser regarding your loans and mortgage and the ability to attend law school and the number of years before you are above water again. Not knowing what area of law you want to enter I suggest you try to obtain some informational interviews with lawyers who are practicing the law you want to practice. I would talk with the law schools you are considering and ask them about their placement success and typical starting salaries. And this point is going to sound silly but listen to your heart — what do you really want to do with your life? Answer that question and maybe the rest of these things are moot.
Check the U.S. Department of Labor’s Occupational Outlook Handbook for the current and future status of the field.
Another good resource related to answering the question of attending law school can be found at FindLaw.com’s Website which has numerous articles and links to other resources.


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