I am a US Citizen; however, I am a foreing educated lawyer. I hold a law degree from a non-common law country (Ecuador). I was thinking on applying to Law School and get a JD or applying for a LLM here in the US. I live in New Jersey near NY city.
Can anyone help me with some opinions and informations about whether it is a better option an LLM or a JD?

Thanks.

I recommend the JD if you intend to practice permanently in the USA. If you only do the LLM, you'll always be "foreign." Of course you could then do the LLM after the JD if you wish.

That said, the JD costs 3x the LLM in tuition, and an additional 2 years of opportunity costs.

Yes, that is true; however, I do not how hard it will be to get in law school since I am a foreign law graduate. Thank you for your answer.

Although I personally would find your educational background to be of great value, most American law firms (sadly) could care less. The JD is the path to credibility for a job in the US; however, the path to a job is barely penetrable at the moment because of the economy. I don't see much of an improvement on the horizon. Mega-sized firms continue to defer associates, and smaller firms have reduced their hiring.

Thank you for your post. I actually think it is very expensive to go for a good LLM. It is even more expensive to go for the JD option.
Do you think I would be able to pay back a debt of about 100,000 USD or more?