There was an article recently stating that a new status symbol has emerged which has nothing to do with money. It is called teaching and increasing number of lawyers, and other accomplished people of the industry are trying to be adjunct professors of schools. I was really surprised but most of all happy that these people are not in for the money but for the prestige and honor and status of teaching their trade and knowledge to the new generation.
I am all for teaching as I have also taught some undergraduate and graduate courses in economics and accounting and believe me that is the most satisfying and the most engaging and up-to-date profession out there. You really learn by teaching others and I found out this way by teaching that the things that I learnt by listening to professors and could not understand at that time would make it clear while teaching to other students. Other thing is that you really have to keep yourself up to date in matters pertaining to your teaching each and every day in order to answer questions of your students and in this sense you never are behind on anything of knowledge. The respect and the awe you get from students and other people in your circle really make it clear that why teaching as a profession (especially to university and college students) is such a hot profession.
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