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Weighing the value of LL.M. (access required)

What's a master of laws worth? Hard figures are lacking and anecdotal data are mixed

LL.M. = Lawyers Losing Money. That's a running joke in the online legal world these days, where bloggers and practitioners puzzle over whether a master of laws degree yields valuable returns for recipients or simply plunges them into another year's worth of law school debt. It's not an easy question to answer. On one hand, the demand is certainly there. The number of LL.M.s granted by American Bar Association-approved schools grew by 65 percent between 1999 and 2009, according to a September article in the National Law Journal. North Carolina schools are trending upwards, too.

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