The market has bounced back compared to how it was in '08 and '09. But to say that "it's not difficult to find a decent job with decent grades" is super inaccurate. I know people at T-14 schools with middle of the pack grades who don't have jobs. As for networking, a good connection can get you a callback, but to actually get an offer, you gotta do it mostly on your own.
+ 180
That is one of the most ridiculous things I've read. Why are you only focusing on biglaw? The market has bounced back over the past few years and it's not difficult to find a decent job with decent grades and a good personality. Networking is almost as important as grades.
Biglaw is where you make enough money to pay back a $150k/200k nut (with interest). I'm sure there are some people who have their parents pay for school, and some people who become personal injury lawyers who get a big case and settle for a big sum, but in general if you are below biglaw you are making about 70-90k max out of law school (with plenty stuck at the same $40k annual they could have gotten as an accountant), which after taxes and if you have kids etc is a rough burden. As i said, if you have a scholarship or are rich anyway, your considerations may be different.
Maybe your market is over-saturated. As I mentioned earlier, I went to MD (which was in the 30s or 40s at the time), and 99% of my class was employed within 6 months. I know my entire friend-circle of ~30 was, and we didn't have phenomenal grades. Personality is a huge draw as well.
NY is oversaturated, and that is where the OP was originally considering. just to pry, what was your total debt after u graduated, and what was your incoming annual salary?