- Check out "Don't Eat Lunch Alone – Springfield 6-16-2011" http://t.co/IyDKp6D via @eventbrite #DELA #westernma #
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In an ironic, but sensible turnabout, outsourcing firms which have radically restructured the pricing of legal services in America are now on-shoring jobs. Young lawyers have been working at $20.00 per hour legal temp jobs for document reviews that used to be billed at $200.00 per hour. The jobs they expected to get after spending large amounts of – often borrowed – money to go to law school have essentially evaporated. They are being offered positions in the $50-80K range. These salaries are
“…meager compared with the six figures that new associates might still hope to draw at a big firm. But outsourcing jobs typically pay better than temp work — and certainly better than no work at all.”
This is another sign that an entrenched, bloated, self-serving institution is grossly overcharging and underserving its clients. Law school is not worth the money that’s being paid for it. Anything that’s as out of whack as the pricing structure for higher education in this country is not long for this world in an environment of information transparency, social media, and the empowerment of customers by the Internet. Overpriced higher education as a gatekeeper and a source of certification for the professions is no more immune to economic change than the music industry, book publishing, or buggy whip manufacturers. Nor should it be.
Schadenfreude, anyone?
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