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Personal Finance (Not Investing) • Law School Debt: Is It Worth It?

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When I see MIT graduates applying for my positions I interview them right away without even looking at CV.
That's probably a bad move if they claim to have attended MIT Law School.
… because there is no MIT law school. Yet. It might not be a bad idea.
And it is well known that it ranks behind Princeton's famed law school ?*

(I don't think there's anyone on the planet that would argue USA needs another law school. Indeed, my US legal acquaintances seem to have a consensus that law school could be a 2 year degree and cover the necessary ground. However that would leave a lot of unemployed law professors.

What interested me was that there are so few law school profs that have ever practiced law-- an undergrad degree in Philosophy and a Phd in Economics seemed to be the preferred background. The majority of learning as to "how to lawyer" seems to be on the job. Imagine a medical school education where you never saw a patient (this was very much closer to the norm 40 years ago in medicine, however).

* Princeton does, however, have a really top class MBA programme, I hear - better than Harvard's.

Statistics: Posted by Valuethinker — Wed Feb 07, 2024 12:17 pm — Replies 29 — Views 1035



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