The unvarnished reality of legal education and practice.

Empirical analysis of law school rankings, bar passage rates, and the true economics of BigLaw. No marketing copy, just data.

Master the LSAT Analyze the Rankings

The Cost of Admission

Attending law school is the most significant financial decision of a young professional's life. Yet, most prospective students rely on opaque rankings and marketing brochures to make it.

We break down the actual return on investment (ROI) by cross-referencing ABA 509 disclosures, NALP salary data, and regional cost of living metrics to reveal which schools actually justify their tuition.

Calculate your Law School ROI
$188,754

Average Law School Debt (2023)

54.2%

Bimodal Salary Distribution Peak 1 (The reality for most)

The Economics of BigLaw

The bimodal salary distribution is the defining economic characteristic of the legal profession. A small percentage of graduates start at $225,000, while the vast majority start between $60,000 and $85,000.

We track the Cravath scale, associate leverage models, and the true cost of billing 2,000 hours.

2024 Cravath Scale (Base)

Class of 2023 (1st Year) $225,000
Class of 2022 (2nd Year) $235,000
Class of 2021 (3rd Year) $260,000

Essential Calculators & Tools

Billable Hours Target

Translate an 1,800 or 2,000 hour requirement into actual daily desk time.

Realization Rate

Calculate the spread between standard rates, billed rates, and collected cash.

Settlement Net

Determine client payout after standard contingency fees and litigation costs.

LSAC GPA Converter

Convert your institutional transcript into the standardized LSAC format.

The legal profession is characterized by an asymmetry of information. Partners know the economics; associates don't. Law schools know the employment outcomes; applicants don't. We exist to fix that.

Beyond BigLaw

The vast majority of attorneys do not work in AmLaw 200 firms. We provide rigorous analysis of the other paths.

The Methodology

Our analyses rely exclusively on primary sources. We do not use self-reported, unverified surveys.

  • ABA Standard 509 Disclosures
  • NALP Employment Reports
  • NCBE Bar Passage Statistics
  • Federal Judicial Center Data

All data is updated annually within 30 days of the official release dates.