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  1. DH, taking into consideration from Kens post, make that TAX Law degree. I refuse to believe there’s an over-supply on that sector of the mkt and you know the demand is there (ie freaking gov thinking up of more ways to tap you for the tax $$$ to fund the bailouts)

  2. I second Kens. As a more or less non-practicing lawyer, with a lot of friends still in law firms, I can attest that it’s not a great time to be a lawyer (though, personally, I’m hard pressed to say when it was a great time to be a lawyer, so I may not be the right person to ask . . . )

  3. What, you continue to look in the rear view mirror. The market has already discounted all the earnings that are 15-50% below the comparables from last year. The majority of companies are beating estimates in this reporting season.

    And what the hell does this mean ” I think this current economic activity will be reflected in 3 quarter”????? Current economic activity is current. Are you pushing it out from 4 months to 3 quarters???

  4. M4L, legal field is pretty bad right now. even Columbia law degree might not help. I should know, I spent 6 years in the legal field and a few lawyers on this site can add to that. Also best friend is a legal recruiter for one of the top law firms and things aint looking better anytime soon, not because of the economy but because of supply of lawyers out there currently. Too many law schools graduating too many lawyers.

    I think in the upcoming years, either law school term of education is going to increase or the BAR exam (going on today actually) is going to be revised to a harder exam. This has happened in fields like Pharmacy and Speech Pathology. Matter of time it’ll happen to Law as well.

  5. Yeah M4L – I’ve heard Montreal is fantastic.

    I’ve been pondering going back for my MBA, or perhaps law school. I just want to give myself some time off from studying for stupid tests (Passed the CPA Exam less than a year ago)

  6. “WHAT…tell us why there is going to be a collapse in 4 months.”

    People cannot service their debts any more Dave. Most 2Q reports Company revenues are down between 15-35% and the market is not “Discounting” them. It’s back to School time and those items are down. I have been driving around the city and I notice the roads are empty, restaurants are empty and people are staying home. I think this current economic activity will be reflected in 3 quarter. Investors will have to make a decision (Bail or Fail)..

    The What

    Someday this war is gonna end…

    Readthis..

    Verizon 2Q profit falls, tops view, plans job cuts

    Verizon 2Q profit falls 21 pct, narrowly beats expectations, plans to cut 8,000 jobs

    http://finance.yahoo.com/news/Verizon-2Q-profit-falls-tops-apf-1336678017.html?x=0&sec=topStories&pos=3&asset=&ccode=

    NEW YORK (AP) — Cost-cutting at Verizon Communications Inc.’s wireline business failed to keep pace with falling revenues as the nation’s largest wireless carrier reported a 21 percent drop in second-quarter profit and announced further job cuts.

    Every thing after this paragraph is garbage..

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