This rough statistics was told by a friend of mine attending NYU Law now. Even he didn't land a job so far. But he is really good. Before attending NYU Law, he has been working in Freshfield for 2 years in its Shanghai office as a Chinese law consultant.

Given such a chilly job market, what do u think of the worth of spending 70,000 dollars on a degree which would very likely bring u nothing?

Jeez, I've heard scary stats, but that sounds really dire, even for this economy; where did your friend hear this? Am I correct to assume that this is an aggregate for all LLM specialties?

one question - does this percentage take into account of those who signed service contracts with their employers before going to NYU? If it does, I am afraid the economy is chillier, i.e., less than 10% has landed jobs...

are the numbers worse, better or the same for CLS? i have heard rumors that recruitment isn't going so well at CLS either...

Does anyone know the stats for tax LL.M.'s, especially domestic students who already have JD's?

yeah, the 10% or so include all forms of employment, such as those already signed up on before doing LLM at NYU.

My friend told me he and a few other Chinese students with prior working experience in PRC leading law firms(including int'l law firms' PRC offices) did receive some callbacks and interview opportunities but at the end of the day no one get offer. And thus they concluded as such: this year's NYU law fair for LLM students was more of a firms' promotion merely for publicity.

I'm sorry, but I don't believe such undocumented "rumours". As is at least the case for Columbia, a majority of the LL.M.'s have previous work experience and a great part of these LL.M.'s are on leave from their current employer (as will e.g. be the case for me).

I'm sorry, but I don't believe such undocumented "rumours". As is at least the case for Columbia, a majority of the LL.M.'s have previous work experience and a great part of these LL.M.'s are on leave from their current employer (as will e.g. be the case for me).

I don't think those who are on leave from their employer have any guarantee that their former employer will hire them back.

I don't think those who are on leave from their employer have any guarantee that their former employer will hire them back.

dennywin, you may be correct in regard to NYU and the work experice of their LL.M.s

However, on a general note, I think you should be very cautious with spreading such "information", which are, until you prove otherwise, just undocumented rumours. This is especially the case in the current financial climate - no need to make people more nervous then is already the case.

what I have stated in this thread is just to give a general picture with a rough statistics. I have never said what I set out is very accurate information that can be somehow proved as 100% true.

But I believe people should make informed decision when it comes to spending a huge amount of money on a risky education investment.

The fact is that the very little portion of people who did land a job with a NYU LLM degree are most likely those who had already been experienced lawyers with Int'l law firms or leading law firms in their home jurisdinctions before doing LLM. If u don't have much attractive work experience and just wish to use LLM to change ur prospect of job hunting, u should know: wake up! it's not gonna happen in most cases.
We all know US law firms most likely recruit LLMs from big emerging markets like China and India. If only a handful NYU LLMs from China can land a job from the NY job fair, u can imagine how bad the legal market is.

u can do the math:
NYU annually enroll around 60 PRC(People's Republic of China) students(let's exclude Taiwanese for now). Setting the percentage of PRC NYU LLMs of landing a job with a big law from NYU law fair is 10%, then 6 PRC NYU LLMs ultimately get a big law job?

Do u think 6 people is an underestimated number?
I don't think so. 6 would be very fair, likely less than that.

If PRC LLM percentage is 10%, let's say, what about Taiwanese?--------To tell u the truth, many Taiwanese had been complaining even in 2007 and 2008 such bullish years that their chance of getting hired by big law participating NYU job fair was like 10% of those of PRC(mainland) LLMs.

are the numbers worse, better or the same for CLS? i have heard rumors that recruitment isn't going so well at CLS either...

what I have stated in this thread is just to give a general picture with a rough statistics.

But I believe people should make informed decision when it comes to spending a huge amount of money on a risky education investment.

I think I see Denny's points which makes sense since he is from China and not talking in his/her mother tongue - let's not fight in the thick of choice of words - this is something that would be a plus to the arguments. Anyway, it's gloomy time!

the employment picture is obviously quite dim, but a tax llm from nyu will give you better employment prospects than any NYU or CLS degree.

firms recruit like crazy for nyu tax lawyers, even in this market...

Relax everyone...I think it was quite clear that the 10% figure was anecdotal, so no need to get too fussed over it. To be honest, I suspect the prospects are even dimmer than the articulated number here (indeed, most of the people I keep in touch with who are currently at top schools like YLS, SLS, CLS and HLS still don't have offers because the market is that bad), but to be fair, my own understanding is as anecdotal as any of the information here.

What is clear from all of this though is this: really think long and hard if the sole motivation for doing an LLM ANYWHERE is employment in the US thereafter.

Relax everyone...I think it was quite clear that the 10% figure was anecdotal, so no need to get too fussed over it. To be honest, I suspect the prospects are even dimmer than the articulated number here (indeed, most of the people I keep in touch with who are currently at top schools like YLS, SLS, CLS and HLS still don't have offers because the market is that bad), but to be fair, my own understanding is as anecdotal as any of the information here.

What is clear from all of this though is this: really think long and hard if the sole motivation for doing an LLM ANYWHERE is employment in the US thereafter.

What is clear from all of this though is this: really think long and hard if the sole motivation for doing an LLM ANYWHERE is employment in the US thereafter.