💡The Rising Cost of Becoming a Lawyer: A Profession for the Wealthy?
The cost of legal education has reached staggering heights, not just in National Law Universities (NLUs), but across all law schools. Whether it’s an NLU, a private law college, or even a reputable institution like O.P. Jindal, law students today are facing an immense financial burden.
Many parents take out hefty loans, hoping their children will land lucrative jobs after graduation. But the reality is far from that. With fees as high as ₹10 lakh per year in some institutions, a law degree can easily cost upwards of ₹15-20 lakh. For many law graduates, finding a job that pays enough to manage these debts is a nightmare.
Even after investing so much, young lawyers struggle to earn even ₹20,000 a month. Companies demand “experienced” associates, yet internships are often unpaid or come with vague promises of performance-based stipends. After months of unpaid work, law graduates are told their performance isn’t up to par, and they’re left without a job.
By the time they hit 30, many law graduates find themselves far behind financially compared to peers in other professions. The pressure to earn, repay loans, and establish a career is immense, but the opportunities available to freshers are few and far between.
This wasn’t the vision for legal education. The profession, once considered noble, now seems to cater more to those who can afford the high cost of entry. With lawyers unable to advertise their services or take up side professions, the road to financial stability feels out of reach for many young lawyers.
Has the legal profession become a game only for those with strong financial backing? Is it still about justice, or has money taken precedence?
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CEO Energy Transition Association - Director SRD Technical Ltd
1moHi Tom, any further career opps for aspring lawyers - may have someone in mind......Russell Deane - 07768643987