How Many Law Schools Need to Close? Plenty

The cracks in the flawed system of corporatocracy and predatory capitalism is now even obvious to the future pirates; in peace

sentinelblog

Source: Of Two Minds, by Charles Hugh Smith

The only solution for the surplus of workers with law degrees is a massive, permanent reduction in the issuance of new law graduates.

America is in the opening stages of a massive surplus of over-credentialed workers. The default setting for 50 years has been: if you want a secure upper-middle class salary, get a law degree, MBA, PhD or other graduate-level professional degree.

The massive surplus is now apparent in J.D.s (law degrees) and PhDs. The writing is already on the wall: there aren’t enough jobs for law school graduates, and this scarcity of high-paying legal jobs will only increase going forward. These two articles provide the context:

The tech start-up planning to shake up the legal world (via Lew G.)

An Expensive Law Degree, and No Place to Use It (via Joel M.)

The only solution for the surplus of…

View original post 258 more words

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