I applied to two law schools for admission in 2002. I was wait listed on one and never got in, but was perfectly happy where I ended up (U. of Cincinnati - which is my undergrad alma mater). Got hired as a law clerk at a construction company (undergrad in civil engineering helped with that) in my third year of law school and have been here every since. Certainly not the traditional path to in-house counsel and I certainly don't make the kind of money that many of my peers make, but I love what I do and have a ton of flexibility in my work-life balance because I don't kill myself working 80 hours a week that you often find at the large firms (every so often when I'm in trial I work the long hours, but it isn't typical). Also by going to a public school, I have no debt so I didn't feel the need to get one of those big firm jobs that pay a lot but work you to the bone (so you actually earn that big salary). And the reality is, for the most part, the first job is the only one where it really matters where you went to law school and all accredited law schools pretty much train you the same (i.e. as in very little for what a lawyer actually does).
The legal market is very difficult right now. If you don't want to be a lawyer, don't go to law school, especially one that will put you in a ton of debt. It can be crippling and will greatly limit the type of job you can pursue. If you have 300k in debt, it is difficult to do a passion project, work for a non-profit (or the government), hang your own shingle, etc. You feel the pressure of the debt and the only real way to pay that off is at a big firm, where many lawyers lose themselves and lose passion for the law.