"wait for things to bounce back. Once they do, firms will be scrambling to fill the ranks again"
Maybe. But that will be another 4 (or more) years from now, and he will have then been away for 14 years. And maybe he does not like what he is doing. And for the LLM? You won't see many people giving it a lot of weight in previous posts in this forum. When times were good, maybe it offered a networking opportunity. Now, all you might get is a bowl of stale pretzels. And you would be taking a fair amount of non-patent courses. Maybe fun, but marginally useful.
No maybe about it, I do not like what I am doing, the limted future earnings potential and lack of control over where I work. It was interesting and allowed me to acheive personal family goals for a while, but more recently the negatives have come to significantly outweigh the positives.
By, the way, the LLM program can be almost exclusively patent related courses (need 20 class credits and 2-4 credit thesis), here's the curriculum:
Copyright Law
Intellectual Property and Education
Intellectual Property Law
Intellectual Property Litigation
Intellectual Property Valuation
International Intellectual Property
Internet Law
Law of Start-Up and Emerging Companies
Music Law
Patent Law
Patent Litigation
Patent Prosecution
Right of Publicity
Seminar in Law & Technology
Sports and Entertainment Law
Trademark Law
Unfair Trade Practices
For a guy with only one intro to Patent Law course 12 years ago working out of the area for the last decade, the patent law courses alone are desirable. And of course the fact that the classes are, for the most part, taught by adjunct practitioners in the area is great too, should open some doors.
Thanks for your input. While I generally agree LLMs are not worth the money, in my circumstances I think it brings me up to speed on the law, provides a depth of subject matter knoweldge and training that I know from my earlier brief foray into the practice I lacked (relative to my associate colleagues at the time), and may well introduce me to my future employer. The issues some have raised in this thread actually reinforce what I understand to be the weaknesses/concerns in my resume that my pursuit of the LLM is intended to address. So I think I will respectfully dissent from the majority of responses to my request for advice while thanking you all for taking the time to respond and sharing your thoughts.