Z might be the generation to end the human and financial tragedy of going to law school.
Today in Abovethelaw.com, Alex Rich vividly describes what happens to most law students post-graduation. Here is that chronicle of suffering.
Gen Z, born between 1995 and 2012, is the first generation, since the Baby Boomers, who do not put blind trust in higher education. In Business Insider, Hayley Peterson presents the research which documents that.
For example, only 64 percent are considering getting a college degree. Since 72 percent of them are determined to start a business, not become a wage slave, they recognize they don't need advanced education. After all, the big bangs like Mark Zuckerberg and Steve Jobs never got a degree. Here is the BI analysis of Z.
In addition, and perhaps more importantly, Z has been called "the ethical generation." Law isn't about ethics, is it. It isn't about justice, either. Law is about applying and manipulating the law.
According to marketing firm Sparks & Honey, 60 percent of them are committed to being change agents. As we know from how Congress overturned the U.S. Supreme Court decision in Ledbetter (Fair Wage Act), you don't need a law degree to get the right things accomplished. Instead you could run for public office, be an activist or simply be present. About 25 percent of Zs volunteer.
Generation Z could upend so many institutions in America. Law school is just one of them. Today in Payment Week, I published an article on how Zs will impact the financial world. Here you can can read it.
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