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This is likely an over exaggeration, but software jobs will go the way of ibanking or law. Still highly paid, but not as lucrative as it is today.
by jchonphoenix 6y ago
This is likely an over exaggeration, but software jobs will go the way of ibanking or law. Still highly paid, but not as lucrative as it is today.
- 908B64B197 6y agoLaw is especially depressing to look at.
- unicodepepper 6y agoCould you give some more detail? I’m not familiar with the legal landscape.
- 908B64B197 6y agoStrong bi-modal distribution [0] [0] https://danluu.com/bimodal-compensation/ https://danluu.com/bimodal-compensation/
- ck425 6y agoEssentially after the great recession graduates starting flocking to traditional 'secure' careers. For Arts students there weren't many options, so a ton of English, History etc grads moved into law as it was seen as a secure career. This lead to an over supply which skewed salaries into a heavy bimodal distribution. The top lawyers still get the big bucks but for the average lawyer it's not particularly great anymore. In the UK I here £30-35k bandied about outside of London. Not a bad wage by any means but considering the hours and education required it's no longer the secure path to a middle class lifestyle that it was.
- cmdshiftf4 6y agoI disagree. Law has significant barriers to entry and even after getting through qualification, your base credentials won't offer much mobility in terms of being able to move around to practice. There aren't, to my knowledge, 12 week bootcamps for law out of which you can start practising in the field. There aren't, to my knowledge, law schools popping up daily in India offering people courses with relatively low entry requirements, from which they can move to the US and start practising as a lawyer. There aren't, to my knowledge, D&I proponents installed into law companies who spend their time fighting against the idea of hiring bars and requirements for the positions within the company. There aren't internal advocates saying to drop the requirement for a law degree for a legal job in the name of boosting diversity visibility. The same can't be said about the overwhelming majority of tech jobs, but then tech workers have done literally nothing in the name of collectively protecting their profession so it's at least partially their own fault.