New Study Shows Florida Is The 3rd Best State To Become A Lawyer
A new ranking has revealed which states offer graduate lawyers the best return on investment for their degree, based on several factors – not just salary and tuition fees. In this ranking, Florida ranks high on the list for those future students who want to be a lawyer.
The findings, pulled together by Uplift Legal Funding, consider each state’s degree affordability, financial aid, academic expenses, loan debt, annual salary, disposable income, rental costs, job opportunities, and hourly fees to identify the best states for lawyers.
Each state was awarded a score out of ten to establish where it’s easiest for the typical lawyer to recover from their college expenses – with New York taking the top spot.
New York achieved a final score of 7.8 out of ten. It scored well for degree affordability and it holds both plentiful job opportunities and a high earning potential for law graduates. Lots of lawsuits in New York. Although tuition fees are higher, 79% of the state’s attendees awarded grants, loans, work-study, and/or scholarships.
It’s also easier to quickly reduce debt in New York as lawyers earn one of the highest salaries in America – currently $188,900 per year – and can charge an hourly rate of up to $400 for short-term cases or consultations.
The ranking reveals which states offer lawyers the best ROI for their degree based on tuition fees, job opportunities, living costs, and earning potential.
In the study, it appears that Florida is a good choice to pursue law.
If you’re looking at big city law, Miami can be a tough place to break in the game, but if you can land the right gig, you’ll be good. Jones day starts at $235k. Also, top firms like Sidley, Kirkland, Winston, etc. all opened offices in Miami recently.
Outside of Miami, there’s a lot of personal injury law here. Could be because of all the bad drivers. If you really want to get educated on what practicing the law in Florida looks like, take a look at this thread. There’s a lot, more than one Florida lawyer jumps in with an opinion. But one thing about this field. If you’re a good lawyer, there’s a place for you.