In these materials and in our conversations with students and applicants, we explicitly tell them that most graduates find work in small to medium firms at salaries between $35,000 and $75,000.
— Richard Matasar, outgoing dean of New York Law School, quoted in a lengthy New York Times article entitled Law School Economics: Ka-Ching!
(We’ll have more to say about the Times article — by David Segal, who has written a series of pieces about legal education — tomorrow.)
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UPDATE (7/18/11): Here are Elie’s thoughts on the NYT article.