By face of the above reading It is amply clear that LLM will provide a win-win situation for every foreign student but not in terms of job security in USA... Atkins and Jagsmehn, when do you expect to get the current situation (economic crisis) be normal in near future?
By face of the above reading It is amply clear that LLM will provide a win-win situation for every foreign student but not in terms of job security in USA... Atkins and Jagsmehn, when do you expect to get the current situation (economic crisis) be normal in near future?
There are two aspects to this problem:
1) Job market has never been that warm for foreign educated US-LLM holders. So, even when it recovers, things won't change drastically. But peg your expectations beyond 2012 realistically because more than an economic crisis this is a crisis of confidence. Don't take it as a pescimistic opinion, but it is true that we are still far from the bottom, which should ideally be around June 2009, if not 2010, and you should add 2-3 years for the markets to recover.
2) Even with the recession and job cuts, one has a chance at getting jobs. Companies are looking at cost cutting. But thats a wrong way of seeing it. They are looking for Cost Efficiency. I think the era of specialists is going to be over for a few years. Only the excellent are going to hold their fort in the specialist departments. But at the entry level, those who have rounded profiles, for example mixing of 2-3 kinds of work fields, offer the solution, simply because there is very little work in sectors like finance and corporate matters that have held the limelight till now. So, if you offer value for money, i.e. you can be the work-horse without being a big eater of money, you have got a great chance even in the recession.
3) Employment, International Commercial litigation, International Dispute Settlement, Restitution, are the fields to cash in on for the next few years if employability is your concern.
<blockquote>By face of the above reading It is amply clear that LLM will provide a win-win situation for every foreign student but not in terms of job security in USA... Atkins and Jagsmehn, when do you expect to get the current situation (economic crisis) be normal in near future? </blockquote>
<blockquote>By face of the above reading It is amply clear that LLM will provide a win-win situation for every foreign student but not in terms of job security in USA... Atkins and Jagsmehn, when do you expect to get the current situation (economic crisis) be normal in near future? </blockquote>
There are two aspects to this problem:
1) Job market has never been that warm for foreign educated US-LLM holders. So, even when it recovers, things won't change drastically. But peg your expectations beyond 2012 realistically because more than an economic crisis this is a crisis of confidence. Don't take it as a pescimistic opinion, but it is true that we are still far from the bottom, which should ideally be around June 2009, if not 2010, and you should add 2-3 years for the markets to recover.
2) Even with the recession and job cuts, one has a chance at getting jobs. Companies are looking at cost cutting. But thats a wrong way of seeing it. They are looking for Cost Efficiency. I think the era of specialists is going to be over for a few years. Only the excellent are going to hold their fort in the specialist departments. But at the entry level, those who have rounded profiles, for example mixing of 2-3 kinds of work fields, offer the solution, simply because there is very little work in sectors like finance and corporate matters that have held the limelight till now. So, if you offer value for money, i.e. you can be the work-horse without being a big eater of money, you have got a great chance even in the recession.
3) Employment, International Commercial litigation, International Dispute Settlement, Restitution, are the fields to cash in on for the next few years if employability is your concern.
