How to be financially happy outside of Big Law

A common concern facing law students—and a majority of students in the United States generally— is how to manage post-graduation student debt. For law students, this concern is especially complicated due to the vast disparity in income based upon the type of career being pursued. According to a 2016 ABA report, an attorney practicing intellectual property will make an average of $155,037 each year. Comparatively, an attorney practicing immigration law will make an average of $62,500 annually. Also, The National Jurist reported in 2017 that even though salaries at large law firms are rising on average, the median salary for all attorneys has remained essentially the same. Despite this reality, many attorneys have found very successful careers in the public sector as government and not-for-profit employees or in creating their own, smaller law firms. Attorneys have found a number of ways to do this despite facing the shadow of the mountain that is student loan debt.…

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