Law Schools could face a wave of lawsuits in 2012

Happy Holidays Everyone!

Merry Christmas, Happy Hannukah and Happy Kwanzaa!

It has been a while since I updated, but I have some time off and I have been busy with my job, my investment club and my cooking club. At a recent holiday party with my investment club, I met Linda who told me that she has heard a lot of bad news about the legal profession lately. She is an MBA  who works in high tech public relations and meets many attorneys who have switched careers or wound up temporarily unemployed. Most who can't find jobs end up leaving the law once they find a decent paying plum job in corporate America. I told her that many lawyers are unemployed and she sarcastically told me that they should sue their alma maters.

Ironically when I came home that night, I was browsing through the online news. I came across this witty and insightful article in the Sacramento Bee, Law Schools could face a wave of class action lawsuits in 2012

You should read the article yourself to get an insiders view of what many legal professionals feel will be a very painful 2012 for many law school deans and administrators. Some are even calling 2012, " The year of law school litigation."  All of the bogus employment statistics and job placement information that many schools publish are very questionable, and the awareness has now reached the masses. Legal professionals who read these blogs are no longer the only ones taking note of the fraudulent practices happening in many o these law schools. Many law firms and even some public policy advocates anticipate multiple class action lawsuits throughout 2012.

I still have hope that I can find some part time job in the legal profession on the side. I am kind of sad because I really enjoy learning about the law and I would have loved to find a job with my education and experience. However, the cliche is true: once you leave the legal field it is EXTREMELY hard to go back.

On a lighter note, my investment club has recently brought in some personal finance speakers to help us figure out ways to eliminate student debt. I have found some useful new tips that I will post in the near future.

In the meantime, enjoy your holiday weekend and have a happy new year! I think the worst of the recession is over, and 2012 should be a much better year for us than 2011. I hope all of you who are unemployed and underemployed find good jobs and work towards a great 2012! It should be a great year for all of us..except maybe the deans of the law schools.  :)


- The Poor Paralegal

CNN is right: Law school is a waste of time

LAW SCHOOL IS A WASTE OF TIME


My job has been ho hum. Working hard, making some decent money and basically just getting by. I get funny looks from strangers and co workers when they find out I am also a parlegal, and they think I should leave and get a job in a law firm. Unfortunately there are no jobs in law firms. I make more money now than most TTT and TTTT grads make their first year out of law school. I am just thankful for the job that I have, but today one of the VP's in the company had their son come and visit the office. His son is a student at one of those liberal arts colleges (Williams/Amherst/Swarthmore types) and majoring in Philosophy or some other useless major. He sat next to meet today at break and was flipping through his LSAT book and I told him that law school really isn't worth going to unless you go to a to a T14 school, because most lawyers won't make enough money to pay back their loans. I told him that I was doing better at my current job than if I had gone to a law firm.

Sadly, he is denial. All those fancy liberal arts colleges feed their students ego's about how they can do whatever they want and how they are all "special" students. Its such bullshit. I told him he should only go if he gets into a top school and it would be better for him to get a job with his dad's connections.

He really believes he will get a job making $160,000 starting from ANY law school he goes to. I told him to look at articles on the internet exposing the realities of the legal profession. As my break was ending, he came across this CNN article on his laptop. It really opened his eyes and it will probably open your eyes, too!




-The Poor Paralegal

Lawyers join the "OCCUPY WALL STREET" movement

Lawyers are now getting involved to protest the corporate greed in the US! Make your voice heard and fight the greedy bastards  who are ruining this country. To find out more please visit :

 http://www.occupywallst.org/

-The Poor Paralegal

LAW SCHOOL ADMINISTRATOR ADMITS TO STEALING FUNDS

A law school administrator has been charged with stealing over $173,000 over a period of 2 1/2 years from his law school. According to the court documents, the administrator used his  computer to get access to the school’s accounting system over a period of several years. During that time, he created many false checks for a total of over $173,000  in school funds, which he deposited into his personal bank account, records show.

You can read more about the article here : Law School Administrator Steals School Funds

What really amazes me is that there are no articles talking about law school administrators stealing funds by misleading students with phony job data and fraudulent advertising! If this guy is stealing over 173k from his law school, imagine what else may be going on at this "institution of higher learning" ?!?!
Law school administrators are evil, greedy and manipulative bastards. They are the  lowest forms of species on the face of planet earth! What surprises me is that school administrators don't get beat up one of the law school students who were ripped off by the law school scam. However, some students fight back ..literally..

Watch the video below!


- The Poor Paralegal

Lawyer Turns Topless Dancer to Pay bills

I stumbled across a great new article about unemployed lawyers getting desperate to pay the bills. Some are even turning to extreme measures to help make ends meet. Some are even turning into strippers, exotic dancers and topless dancers.  In fact, you should all read this article I just found on MSNBC:

Lawyer turns topless dancer to make ends meet

When I read this article I was sitting at my cubicle during lunch break, and a VP of research came by my desk to ask me to run a report. He saw me reading the news on my computer, and saw me reading the article about the lawyer turned stripper. He made some awful joke about how this girl must wear a lawyer outfit with a miniskirt when she strips at the club. He is this 300 lbs obese prick, and doesn't seem to understand the frustrations that many unemployed legal professionals face.

I read this article and it really made me sad. I can't imagine how horrible it must be to have so much student debt, bills to pay and resort to working as an exotic dancer to make ends meet. In the article it goes on to say that she will get another law job as soon as she can and leave working as a topless dancer.

I have had my share of crazy bad jobs to make ends meet:

I have worked as a bouncer at a lesbian bar ( the money was great 200-300 bucks for 2 nights of work)

I have worked as a laborer in construction

I have worked as telemarketer for fast food companies in college

I have also worked in South Central LA and survived a drive by shooting ( Thank God they missed and the sheriffs came right away)

I hope that God protects this girl and all the other legal professionals resorting to stripping, porn or any other type of job that puts them in danger. Also, be careful if you are a stripper, the work itself can be dangerous! If you don't believe me, watch the video below on Youtube!

- The Poor Paralegal

Great new Article from CNN MONEY!

I recently found a great new article on CNN MONEY: Law School Graduates Sue their Alma Mater

This is a great new article discussing how many students are now suing their schools for fradulent misrepresentation of material facts. It will be interesting to see how all of this is covered more intensely by other media outlets.

On a lighter note, Ramadan has officially ended and I wanted to wish everyone a very HAPPY EID MUBARAK!

 I think my present this year is the peace of mind knowing that more students will read articles like the one above and think twice before going to law school and taking out massive debt. I hope everyone has a happy holiday and I found a great new song on Youtube! To celebrate...enjoy!  Happy Eid and Bayram everyone!

- The Poor Paralegal

Tough Job Market Drives Young People to Suicide

Tough Job Market causes young Koreans to commit suicide

In South Korea, the suicide rate among young people in their 20's has skyrocketed! It is now the highest it has ever been in recent history, and many of these people are young law school graduates. The law school saturation is not just limited to US graduates having problems, but also in other countries. There are too many attorneys and not enough jobs to absorb all the recent graduates.

Suicide is now the # 1 cause of death for young people in South Korea.

As the article goes on to say, "At least 10 of the suicide cases that have been reported so far this year are believed to be linked to a failure to find jobs. A study by an Internet job search portal conducted in April showed that six out of 10 respondents felt tempted to take their own lives due to the increased difficult and related stress of finding work in Korea's overheated job market, which is causing employers to pare down their new hires."

Law School Graduates Face Grim Reality

This article talks about how there are too many law school graduates in South Korea and not enough Jobs for most of them. So many people are unemployed and contemplating suicide, this is horrible! This problem is not limited to just US law school graduates. However, what shocks me is that the ABA is allowing new law schools to open up across the USA!

-The Poor Paralegal