Since the 2008 economic crisis and historic recession, a law degree, even from the top schools, is no longer a ticket to a good job and six-figure salary. While only a fraction of all new attorneys are walking away from the profession, many have had to take lesser paying jobs with less status and fringe benefits. Close to 30 percent of lawyers expect to graduate with more than $120,000 in debt. Another 15 percent said they would owe more than $100,000.
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