Tax LLM - Job Market


xat

What is the current state of the job market for LLM Tax graduates? Those of you graduating in May, do you have jobs? Are those jobs with private firms, government, or big4?

I am a 3L graduating in the top 25% from a Tier 1 and I have been admitted to Georgetown's LLM Tax program and Estate Planning Certificate. (I have not heard from NYU.)

Fearful that I wouldn't be accepted to any LLM Tax programs, I accepted a job from a small firm in a small midwest city (population 50,000). My work will primarily be in the area of business planning and commercial real estate with some tax work.

Now I cannot decide what to do. Do I work for a year and ask for deferment from Georgetown? Or should I go straight to Georgetown and forget the job? My main concern is the cost of the LLM Tax program and the state of the economy. I can't afford to take out another 60K in loans and not get a job after graduation.

Please help! Any advice would really help. Thank you!

What is the current state of the job market for LLM Tax graduates? Those of you graduating in May, do you have jobs? Are those jobs with private firms, government, or big4?

I am a 3L graduating in the top 25% from a Tier 1 and I have been admitted to Georgetown's LLM Tax program and Estate Planning Certificate. (I have not heard from NYU.)

Fearful that I wouldn't be accepted to any LLM Tax programs, I accepted a job from a small firm in a small midwest city (population 50,000). My work will primarily be in the area of business planning and commercial real estate with some tax work.

Now I cannot decide what to do. Do I work for a year and ask for deferment from Georgetown? Or should I go straight to Georgetown and forget the job? My main concern is the cost of the LLM Tax program and the state of the economy. I can't afford to take out another 60K in loans and not get a job after graduation.

Please help! Any advice would really help. Thank you!
quote
miker030

Why not go directly to the source? That is, call up the georgetown career services and ask for placement stats for previous tax LLM classes.

Why not go directly to the source? That is, call up the georgetown career services and ask for placement stats for previous tax LLM classes.
quote
xat

miker030: that would be a great idea for any other year, but the current state of our economy is not comparable to years past

right now the US is suffering from the worst housing downturn since the great depression and an unprecedented credit crunch - so unless G-Town has stats from 1930, i don't think they will help

miker030: that would be a great idea for any other year, but the current state of our economy is not comparable to years past

right now the US is suffering from the worst housing downturn since the great depression and an unprecedented credit crunch - so unless G-Town has stats from 1930, i don't think they will help
quote
baffronz

miker030: that would be a great idea for any other year, but the current state of our economy is not comparable to years past

right now the US is suffering from the worst housing downturn since the great depression and an unprecedented credit crunch - so unless G-Town has stats from 1930, i don't think they will help


Then get the info for another year.

And if you get into NYU I'm going to be pissed. Prestigious people only.

<blockquote>miker030: that would be a great idea for any other year, but the current state of our economy is not comparable to years past

right now the US is suffering from the worst housing downturn since the great depression and an unprecedented credit crunch - so unless G-Town has stats from 1930, i don't think they will help</blockquote>

Then get the info for another year.

And if you get into NYU I'm going to be pissed. Prestigious people only.
quote
hangfire

Any thoughts on what's taking NYU so long?

Any thoughts on what's taking NYU so long?
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baffronz

Any thoughts on what's taking NYU so long?


Your stats?

<blockquote>Any thoughts on what's taking NYU so long?</blockquote>

Your stats?
quote
LinkedS

There are too many factors to go into your question

The city, your grades, your contacts, your working history, luck (not kidding, maybe you walk into interview knowing someone, etc...), and other factors

People on here have complained about it basically being impossible to get a job and I can't help but laugh.

I know a LOT of people who have gotten LLM's in Tax the last few years and EVERY ONE has a job and got one OUT of LLM school whether NYU, GT, UF, Boston, and Northwestern.

You may need to look harder than others. You may need to apply to several jobs. You may not get your first choice

Eventually, you will find a job.

It is far, far, far from impossible

There are too many factors to go into your question

The city, your grades, your contacts, your working history, luck (not kidding, maybe you walk into interview knowing someone, etc...), and other factors

People on here have complained about it basically being impossible to get a job and I can't help but laugh.

I know a LOT of people who have gotten LLM's in Tax the last few years and EVERY ONE has a job and got one OUT of LLM school whether NYU, GT, UF, Boston, and Northwestern.

You may need to look harder than others. You may need to apply to several jobs. You may not get your first choice

Eventually, you will find a job.

It is far, far, far from impossible
quote
NJtaxatt

Since cost is a concern for you, I think that if you can defer your admissions, you should consider doing so. As you said your job will include some tax work and business planning which will give you some real world experience and will give you a better sense of whether you want to stick with tax law.

Since cost is a concern for you, I think that if you can defer your admissions, you should consider doing so. As you said your job will include some tax work and business planning which will give you some real world experience and will give you a better sense of whether you want to stick with tax law.
quote

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