Is a LLM worth it? Forum
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Is a LLM worth it?
I was reading about LLM's online and I'm wondering if they are actually worth it. Part of me thinks maybe it will give you an edge over grads that do not have one. And the other part of me thinks that it's a waste of your student loan funds--the schools are just suckering you in for another year and more debt. I've noticed that a handful of lawyers (at top firms) have them and the rest do not.
What's the deal with the LLM? What do you all think?
What's the deal with the LLM? What do you all think?
- patrickd139
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Re: Is a LLM worth it?
PSA: Please us the "SEARCH SITE" and "SEARCH FORUM" functions at the top left of the website before creating threads like these. TYIA.
Generalized/anecdotal substantive help: yes for certain tax LLMs, no for just about everything else.
Generalized/anecdotal substantive help: yes for certain tax LLMs, no for just about everything else.
- nealric
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Re: Is a LLM worth it?
Time to post the flowchart again:
- Knock
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Re: Is a LLM worth it?
Personally, I'm planning/hoping on getting a Tax LLM, so hopefully I can get in at one of those schools.nealric wrote:Time to post the flowchart again:
Ps. So, according to the chart a Yale or Harvard LLM isn't very good? I kind of find that hard to believe.
- nealric
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Re: Is a LLM worth it?
The Yale and Harvard LLMs are basically just for international students going into academia. They really aren't the type of thing you just apply to after your U.S. J.D. because you couldn't find a job. Put it this way: if the Yale LLM is the right path for you, you don't need to ask about it on TLS.Ps. So, according to the chart a Yale or Harvard LLM isn't very good? I kind of find that hard to believe.
Even a tax LLM isn't always a good path. There are plenty of NYU Tax LLMs that have problems finding employment.
Last edited by nealric on Fri Mar 19, 2010 2:08 pm, edited 1 time in total.
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- patrickd139
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Re: Is a LLM worth it?
180.nealric wrote:The Yale and Harvard LLMs are basically just for international students going into academia. They really aren't the type of thing you just apply to after your U.S. J.D. because you couldn't find a job. Put it this way: if the Yale LLM is the right path for you, you don't need to ask about it on TLS.Ps. So, according to the chart a Yale or Harvard LLM isn't very good? I kind of find that hard to believe.
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Re: Is a LLM worth it?
Thanks for the advice.
patrickd139 wrote:PSA: Please us the "SEARCH SITE" and "SEARCH FORUM" functions at the top left of the website before creating threads like these. TYIA.
Generalized/anecdotal substantive help: yes for certain tax LLMs, no for just about everything else.
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Re: Is a LLM worth it?
After looking at the comments posted above, it seems that LLM's are a waste of time. But then again, they seem to be only a waste if they aren't in Tax. But in the end result, some people still think its a waste altogether--even if you get a LLM in Tax from a great school.
I'm still confused on the issue. I'm just going to avoid the LLM altogether, stick with getting a JD and not pay out more $$$ on a LLM.
I'm still confused on the issue. I'm just going to avoid the LLM altogether, stick with getting a JD and not pay out more $$$ on a LLM.
- cardnal124
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Re: Is a LLM worth it?
Yes. If you want an LLM, your firm will pay for you to get one. General consensus from TLS: if you aren't good enough for biglaw before an LLM, you aren't good enough after.jdland2010 wrote:After looking at the comments posted above, it seems that LLM's are a waste of time. But then again, they seem to be only a waste if they aren't in Tax. But in the end result, some people still think its a waste altogether--even if you get a LLM in Tax from a great school.
I'm still confused on the issue. I'm just going to avoid the LLM altogether, stick with getting a JD and not pay out more $$$ on a LLM.
- Hammurabi
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Re: Is a LLM worth it?
Harvard and Yale LLMs are definitely geared for teaching. Applying to them without showing a burning interest for academia will probably make the applicant an auto-ding. It's unlikely that the LLM will give an edge over other grads. There are plenty of legit reasons to get an LLM, but solely for better employment prospects is not one of them. You've probably made the right decision.
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Re: Is a LLM worth it?
Good advice. I will just wait and let the firm pay for it. I will also probably be burned out with school at that point and won't want to go back after that.
cardnal124 wrote:Yes. If you want an LLM, your firm will pay for you to get one. General consensus from TLS: if you aren't good enough for biglaw before an LLM, you aren't good enough after.jdland2010 wrote:After looking at the comments posted above, it seems that LLM's are a waste of time. But then again, they seem to be only a waste if they aren't in Tax. But in the end result, some people still think its a waste altogether--even if you get a LLM in Tax from a great school.
I'm still confused on the issue. I'm just going to avoid the LLM altogether, stick with getting a JD and not pay out more $$$ on a LLM.
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Re: Is a LLM worth it?
Teaching is a good option. I would be willing to explore that, but I would want to know how much the salary is.
Hammurabi wrote:Harvard and Yale LLMs are definitely geared for teaching. Applying to them without showing a burning interest for academia will probably make the applicant an auto-ding. It's unlikely that the LLM will give an edge over other grads. There are plenty of legit reasons to get an LLM, but solely for better employment prospects is not one of them. You've probably made the right decision.
- Hammurabi
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Re: Is a LLM worth it?
I'm no expert on it, but I've heard that a six figure salary is attainable. Then again, not sure how much weight would be put on which institution awarded your JD.jdland2010 wrote:Teaching is a good option. I would be willing to explore that, but I would want to know how much the salary is.
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Re: Is a LLM worth it?
Doesn't sound too bad. I will just wait and see if I want to go that route. Like I said before, I may end being burned out and want nothing to do with going back to school (or academia) after I finish my JD. I've already spent a lot of time in school: I have a MBA from a top-20 program.
Hammurabi wrote:I'm no expert on it, but I've heard that a six figure salary is attainable. Then again, not sure how much weight would be put on which institution awarded your JD.jdland2010 wrote:Teaching is a good option. I would be willing to explore that, but I would want to know how much the salary is.
- nealric
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Re: Is a LLM worth it?
--ImageRemoved--Hammurabi wrote:
Teaching is a good option. I would be willing to explore that, but I would want to know how much the salary is.
jdland2010 wrote:
I'm no expert on it, but I've heard that a six figure salary is attainable. Then again, not sure how much weight would be put on which institution awarded your JD.
Last edited by nealric on Sat Mar 20, 2010 6:07 pm, edited 2 times in total.
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Re: Is a LLM worth it?
It looks like the vote is split 50/50 as of now...
- nealric
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Re: Is a LLM worth it?
I'm not sure what the point of the poll is. 50% can't seriously be getting llms after graduation.It looks like the vote is split 50/50 as of now..
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Re: Is a LLM worth it?
The original point of the poll was to see how many JD's were going to pursue a LLM after graduation. The conversation then began to go may different directions. Read the entire thread before making comments.
nealric wrote:I'm not sure what the point of the poll is. 50% can't seriously be getting llms after graduation.It looks like the vote is split 50/50 as of now..
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Re: Is a LLM worth it?
Everything about this thread aside from nealric's flowchart is a massive pile of FAIL
- nealric
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Re: Is a LLM worth it?
You see, I was reading it. My point is that the poll is pointless because it can't possibly be getting accurate results.The original point of the poll was to see how many JD's were going to pursue a LLM after graduation. The conversation then began to go may different directions. Read the entire thread before making comments.
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Re: Is a LLM worth it?
It's now 40/60
nealric wrote:You see, I was reading it. My point is that the poll is pointless because it can't possibly be getting accurate results.The original point of the poll was to see how many JD's were going to pursue a LLM after graduation. The conversation then began to go may different directions. Read the entire thread before making comments.
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Re: Is a LLM worth it?
I'm a little bummed at all of this. Are there no compensations for enhancing your legal specialization?
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Re: Is a LLM worth it?
I partially agree with the flow chart. If you want to do probate and the LLM is in taxes it is worth it. However, there are more than two good LLM programs in the US.
- nealric
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Re: Is a LLM worth it?
Indeed. There are 3- look at the chart.However, there are more than two good LLM programs in the US.
I will give partial credit to a bankruptcy LLM at St. Johns.
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Re: Is a LLM worth it?
An LLM is not worth it period! Even at a prestigous law school. I got an LLM in government procurement law at The George Washington University Law School. I did not get my JD at a TTT, I wanted to practice procurement law. Historically, graduates of that program have been placed with good jobs (federal government and biglaw). However, the market crash has changed this and they cannot place all (probably not most) of their graduates. Sadly, enrollment has increased in this program. Tax law (the most well known LLM) is not exactly a hot practice area right now and tons of lawyers with no ta experiencce are enrolling in tax LLM programs. Big law tax associates have been laid off. Furthermore, it is as sataurated as any other practice area. The message is - if you don't have a job now, getting an LLM is not the answer. A year later, you will likely have no job and significanly more student debt! DON't DO IT.
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