I attended law school and currently am reassessing the value of the J.D., both economically and psychologically. I went to a top 25-ish school, and graduated in the upper middle of my class. Today, I will readily admit that I went to law school for the wrong reasons and that I had unrealistic expectations. The month before I graduated college, I took the GMAT, the MCAT, the LSAT, and all of the other ...ATs that opened graduate school doors at the time. I say only half jokingly that I went to law school because my scores were the highest on the LSAT. I lived at home and paid in state tuition. My parents loaned me the money I needed while in school. I finished repaying those interest free loans a few years go. Today, I make more on my single salary than both of my parents did. They were public school teachers, each of whom had masters' degrees. I feel odd to make more in my mid-thirties today than my parents did combined in the early nineties. In 2006, I made the jump from a smaller comfortable boutique firm to big law. My salary increased by 50%, but my stress level tripled. Last Wednesday, I was told that with the downturn in the economy, the big firm no longer needs me. Of course there is a bit of shock associated with losing my job, but the environment was taking quite a toll on my health. It feels good to be unemployed. I would have been poorer, but probably happier had I gotten that PhD in modern Asian history. Bic Good post, man. I have been paying attention to the layoffs in biglaw and it is beginning to scare me. The firms themselves are partially to blame for it, starting associates at $140-165k. Good luck in your future endeavors, whatever they may be.