Law School Psychology 101 And A Texas A&M Law School?

When researchers study the psychology of consumers, they often find that individuals will continue researching information about a product they've already purchased after they've bought it in order to rationalize their behavior and cure any buyer's remorse.

We see this all the time among law students. Today's example would be Marisa Mittelman, who seems excited about going to the University of San Diego Law School in the fall:

When choosing between my final two schools (UC-Hastings and USD), however, I have to say that from every angle these things seemed nearly equal. I heard amazing things from students at both schools, saying they loved their professors, that the administration is always helpful and available, and that job prospects weren’t looking great anywhere. Is this last part discouraging? Of course. The fact is, though, that students who are working hard are still getting jobs. Clearly, the market is not what it once was. That applies to any law school, though, and I think that if you’re one hundred percent sure you want to be an attorney, you need to just sort of go for it. I plan to work my ass off and hope for the best—I don’t think there’s anything more that someone who is intent on practicing law can do.

Here's an idea: How about getting rid of this idea that's it's justifiable to make a bad decision so long as you're "intent on practicing law." Can you imagine this logic applying to any other product?

"But, honey, I was intent on being a Bentley owner! That's why I signed the papers!"

And Marisa is remarkably cavalier about the lack of job opportunities. "[S]tudents who are working hard are still getting jobs" is (a) complete crap that's disrespectful to recent graduates and unemployed 3Ls who are probably smarter than her; and (b) not dispositive of whether she'll have a job if she works hard. (On the bright side, you may not have a job, but you'll integrate words like "dispositive" into your everyday vocabulary.)

Again, this type of logic never shows up in intelligent investment situations. "Yes, I understand the entire sector is down in the toilet and has limited prospects, but this little stock is the best of this small, affordable bunch, so I'll buy it." Not quite. Getting a law school degree right now is like buying a house in 2007. It may work out for you. You might have a nice place to live. But it's a catastrophic financial decision even if you're "100 percent sure" you want to be a homeowner. There are much better options out there. A helpful administration and lovable professors can't pay bills or compensate for the loss of your mid-20s.

USD is an amazing school...Call me an eternal optimist, but I can’t wait to become a lawyer. And I can’t wait to begin my time at the University of San Diego School of Law.

Reality check: USD may be the best school in San Diego, but it is not a well-regarded law school outside that city, therefore it cannot be "an amazing school." This woman wants to be a family law attorney. There are two other law schools in San Diego who feed into areas like family law in addition to the transplants from places like Loyola and Pepperdine. And if she has any designs on moving back to New York, she'll be in for a rude awakening when Brooklyn Law School grads are beating her out for jobs.

And it's not like family law is generally a field for self-styled "eternal optimists," anyway, but she may be saved from that rude awakening by the rude awakening that a much-smaller-than-advertised segment of her graduating class will have full-time employment, no matter how hard they work.

As if it were bad enough that places like San Diego are still reeling in those blinded by an irrational desire to be a lawyer at all costs, Texas Governor Rick Perry threw out the idea of a Texas A&M law school:

Gov. Rick Perry floated the notion in an offhand comment today as he began a speech honoring women in the state Legislature. After being introduced by actress and conservative activist Janine Turner, the governor talked about trying to convince Turner’s 13-year-old daughter, an aspiring lawyer, to enroll at A&M, his alma mater.

“By the time you get there, they will have a law school,” Perry predicted.

With the rate they're being proposed by insane politicians, it wouldn't surprise me if he was serious in his intent to mar a great university with a bubble-fueled law school.