A growing number of law schools are offering master's programs in law. The number of degrees conferred has increased by two-thirds in the past decade. The degrees are thought to help lawyers gain a foothold in specialized practices, but little data are available to show whether the programs actually benefit graduates. "I definitely think that a lot of people want to use an LL.M. as a fresh way to improve their resume," says Jennifer Kowal, director of the tax LL.M. program at Loyola Law School in Los Angeles. "In this market, I think that's a dangerous gamble."
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