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There was a time when there was no better career than being a lawyer but those days are long and gone. Now, don’t confuse this at all: being a lawyer certainly is a worthwhile profession, but there is a darker side to the job market these days that is having people take a second look at whether or not they want to go to law school.
In the last decade there has been a rise in the number of lawyers, while at the same time there has been a decline in the number of lawyers needed. Many people, especially with the help of the internet, are not needing to hire lawyers or seek counsel as much as they were in the past. Now what that has done is it has created a flood of the law profession and it’s keeping good hard working lawyers from finding work. Even when they do find work they are seeing that there is not always the same paycheck they used to see. With some many in the field its no longer specialized and they can therefore reduce the amount they pay lawyers.
Now some will still go to law school because they love the law and it’s what they have always wanted to do but the truth of the matter is that these lawyers are having second thoughts because while the paychecks are getting smaller, the cost to get into law school isn’t getting any smaller. Now it will take that much longer to pay back a student loan and make things that much more difficult. All in all there are a lot of reasons to think about not becoming a lawyer.