The 2L Learning Path

2L – Fall

Focus: Financial information to help second-year law students explore the financial aspects of various career paths, compare job offers using a set criteria and understand the financial aspects of employee benefits as part of a job offer. Students will identify strategies for accommodating big purchases in their financial goals and spending plan. They will also examine debt-to-income ratio and how that affects their financial health.

Learning Modules:

  • Your Career Path
    Learning Objective: Identify various legal areas of specialization, comparing income potential and expenses associated with clerkships, internships and the job search.
  • Employee Benefits
    Learning Objective: Evaluate how the various types of employee benefits can increase overall compensation when evaluating job offers.
  • Thinking Ahead to the Job Hunt
    Learning Objective: Identify criteria to use in comparing full-time positions.
  • Starting Your Own Business
    Learning Objective: Consider the pros and cons of starting your own practice, and the steps to take if this is a route you want to pursue.

 

2L – Spring

Focus: Financial information to help students look at how current life situations affect tax obligations and approaches. Students will identify strategies for accommodating big purchases in their financial goals and spending plan. They will also examine the debt-to-income ratio and how that affects their financial health.

Learning Modules:

  • Taxes for Law Students
    Learning Objective: Identify how to appropriately adjust federal tax withholdings to match life situation. Identify if tax refund can be used to help fund expenses such as bar exam or summer expenses.
  • Big Purchases
    Learning Objective: Identify strategies for optimizing big purchases within your financial goals and spending plan – including whether, when and how to purchase.
  • Understanding Debt-to-Income Ratio
    Learning Objective: Identify debt in relation to current or future income to determine borrowing power and how to leverage it.
  • Reviewing Finances
    Learning Objective: Create a professional budget based on summer salary.