2026 Law School ROI Rankings

Executive Summary

87.1%

Overall Employment Rate
Class of 2024

$95,000

Median Starting Salary
All Graduates

$217,480

Average Total Cost
3-Year Program

78%

First-Time Bar Pass
National Average

Key Findings

  • Employment rates reach highest level in over a decade at 87.1%
  • Salary distribution remains bimodal: 50% earn $60K-$85K, 23% earn $215K-$225K
  • T14 schools maintain 94% employment rate, justifying premium costs
  • Regional schools offer exceptional value with strong ROI metrics
  • University of Georgia leads best value rankings with 92.5 ROI score

Employment Outcomes Analysis

Employment Rates by School Tier

Bar Passage Rates Comparison

Employment Trends & Analysis

T14 Schools (Top 14)

94% Employment Rate

Consistently high placement in large law firms and federal clerkships. Strong alumni networks provide significant career advantages.

Top 50 Schools

89% Employment Rate

Strong regional presence with good job placement. Mix of large firm, mid-size firm, and government positions.

Regional Schools

78% Employment Rate

Focus on local and regional markets. Often provide excellent value proposition with lower costs.

Salary Distribution & Financial Outcomes

Graduate Salary Distribution (Bimodal Pattern)

Debt vs Income Analysis

Understanding the Bimodal Salary Distribution

Left Peak: $60,000 - $85,000 (50% of Graduates)

  • Government attorneys
  • Public interest lawyers
  • Small firm associates
  • Solo practitioners
  • Non-profit legal work

Right Peak: $215,000 - $225,000 (23% of Graduates)

  • Large law firm associates (BigLaw)
  • Corporate counsel positions
  • Federal judicial clerks (leading to BigLaw)
  • Top-tier consulting firms
  • Investment banking legal roles

Return on Investment Analysis

Cost vs ROI Correlation

High ROI Zone

Schools with ROI scores above 85

  • University of Georgia
  • Brigham Young University
  • University of Iowa
  • Cornell University
  • University of Alabama

Good ROI Zone

Schools with ROI scores 70-85

  • University of Florida
  • Texas A&M University
  • University of Utah
  • University of Houston
  • Arizona State University

Best Value Zone

Exceptional value for cost

  • University of Wyoming
  • University of North Dakota
  • Southern Illinois University
  • University of Arkansas
  • University of South Dakota

Top 20 Best Value Law Schools 2025

Ranking Methodology

Cost Analysis (55%)

Tuition, fees, living expenses, and total debt burden

Employment Outcomes (30%)

Job placement rates and employment quality metrics

Bar Passage (15%)

First-time and ultimate bar exam success rates

Rank Law School ROI Score Employment Rate Median Debt Starting Salary Bar Pass Rate
1 University of Georgia 92.5 91% $85,000 $120,000 94%
2 Brigham Young University 91.2 82% $65,000 $95,000 89%
3 University of Iowa 88.7 86% $95,000 $125,000 91%
4 Cornell University 87.3 96% $165,000 $205,000 96%
5 University of Alabama 86.9 88% $78,000 $115,000 88%
6 University of Florida 85.4 90% $92,000 $135,000 85%
7 Texas A&M University 84.8 94% $88,000 $130,000 90%
8 University of Utah 83.6 88% $85,000 $105,000 94%
9 University of Houston 82.9 89% $98,000 $140,000 86%
10 Arizona State University 82.1 89% $105,000 $125,000 83%
11 University of Virginia 81.7 95% $175,000 $215,000 95%
12 University of North Carolina 81.2 91% $95,000 $135,000 87%
13 University of Michigan 80.9 94% $185,000 $210,000 93%
14 Washington University in St. Louis 80.4 95% $165,000 $200,000 92%
15 Boston University 79.8 86% $155,000 $185,000 89%
16 University of Minnesota 79.3 90% $125,000 $145,000 85%
17 University of Wisconsin 78.7 89% $110,000 $125,000 88%
18 University of Illinois 78.5 94% $145,000 $170,000 90%
19 Ohio State University 78.3 86% $115,000 $130,000 84%
20 University of Colorado 78.2 87% $125,000 $120,000 82%

Methodology & Data Sources

ROI Calculation Framework

Employment Quality (40%)

Full-time, long-term legal positions requiring bar passage. Weighted by firm size and federal clerkship placement.

Employment Rate (30%)

Percentage of graduates securing qualifying legal employment within 10 months of graduation.

Cost Efficiency (20%)

Total cost of attendance adjusted for regional cost of living variations.

Bar Passage (10%)

First-time bar passage rates and ultimate bar passage success within two years.

Data Sources & Standards

American Bar Association

Employment outcomes, bar passage rates, and required disclosures from all 194 ABA-approved law schools

National Association for Legal Career Professionals (NALP)

Salary distribution data and employment classification standards

U.S. Department of Education

Student debt levels, cost of attendance, and graduate earnings data

Law School Transparency

Independent analysis and cost projections for prospective students

Quality Assurance & Limitations

Quality Controls

  • Data from Class of 2024 (most recent available)
  • Cross-validation with multiple sources
  • Regional cost of living adjustments
  • Exclusion of school-funded positions
  • 10-month post-graduation measurement standard

Important Limitations

  • Salary data subject to reporting bias
  • Geographic employment preferences vary
  • Individual career goals differ significantly
  • Economic conditions affect outcomes
  • Long-term career trajectory not captured

Strategic Insights for Prospective Students

Making Smart Investment Decisions

Consider Regional Opportunities

Many regional schools offer exceptional ROI with strong local employment networks and lower costs.

Calculate Total Cost of Ownership

Include living expenses, opportunity cost, and debt service when evaluating true investment requirements.

Align School Choice with Career Goals

T14 schools excel for BigLaw placement, while regional schools often lead for local government and public interest roles.

Market Trends & Future Outlook

Employment Market Recovery

Legal employment has reached highest levels in over a decade, with continued growth expected in emerging practice areas.

Scholarship Availability Increasing

Law schools are offering more merit-based aid, reducing effective costs for qualified applicants.

Skills-Based Legal Education

Schools emphasizing practical skills training show improved employment outcomes and graduate satisfaction.

Final Recommendations

Research Thoroughly

Investigate employment outcomes, bar passage rates, and alumni networks for your target schools.

Network Strategically

Connect with current students, recent graduates, and practitioners in your areas of interest.

Plan Financially

Develop a comprehensive financial plan including scholarship applications and debt management strategies.