Law Degree Journal

Just when I begin to study a Law degree, this is the type of news I see.

Is it something I need to worry about?

I don’t think see.

Law is somethings that’s not likely to disappear, or suffer too much financially, in the long term.

It’s one of those professions which always bounces back… somehow.

Check out this article in the Chicago Tribune:

The economic recession has ended a remarkable run for Kirkland & Ellis.

Chicago’s most profitable law firm, according to American Lawyer, Kirkland will see a “small decline” in 2008 earnings, the first dip since the early 1990s, said senior partner Kevin Evanich.

“About 80 percent of our partners have never experienced a downturn in profits,” said Evanich, who predicted more of the same this year. “We fully expect 2009 will be a down year, but we don’t know how far down.”

Kirkland’s dim financial outlook shows that even the most well-run law firms are not immune to challenging economic times. To be sure, Evanich acknowledged, the downturn is not expected to create a hardship for partners: Kirkland’s average profit per partner in 2007 was $2.475 million.

Full story >>Law firms’ woes likely to last

Law Degree Journal

One of the first things my course mentions is the fact  that, unlike other law courses, it is not a traditional ‘Black Letter’ course.

Basically what a Black Letter course is one where a specific area of the law would be critically evaluated, whereas this course intends to take a multi-disciplinary approach, thus challenging the status quo.

We are told to be preapred for this as it may shock us to learn that not everything in law is black and white.

My view?

Thank God for that.

Any profession which would assume to be without fault would be an arrogant one indeed…

…Especially in light of that fact that injustices occur all the time.

By learning about, and understanding the law proper would, I hope, prepare us to make as few errors of judgement as humanly possible.

Assuming we are honest and intend to act with integrity.