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This article linked here “The Economic Value of a Law Degree” should be of interest to young persons investigating whether or not to go to law school.

The authors conclude that “a law degree is associated with a 60 percent median increase in monthly earnings and 50 percent increase in median hourly wages…[and] estimate the mean pre-tax lifetime value of a law degree as approximately $1,000,000.”

 

Image courtesy of Vichaya Kiatying-Angsulee/ FreeDigitalPhotos.net.

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