Last month, the Boston Business Journal caught wind of a BC Law job board posting, in which a Boston law firm sought a full-time associate for less than minimum wage. The posting and its dozens of applicants provided an anecdote that captured what many new law school grads are experiencing, looking for legal jobs.
This week, we have data. It really is the worst legal job market in nearly two decades.
The overall employment rate for new law school graduates is 85.6 percent, that's the lowest it’s been since 1994 (when it was 84.7 percent), according to a new report from the National Association for Law Placement (NALP). The report surveyed law school graduates from the class of 2011.
Another troubling finding: just 49.5 percent of employed grads got a job in private practice, a drop of five percentage points from 2009.
NALP’s report also found that the employment rate has fallen over six percentage points since hitting a 23-year high of 91.9 percent in 2007.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
3 comments:
A law degree works out fine when it's in conjuction with something else,like political intentions.A lot of elected officials have obtained a law degree seemingly for the sole purpose of appealling to the masses.Whether it makes them a better governor,senator,congressman,president or whatever is anyones guess.
Who will be left to chase ambulances?
In view of the current state of our economy and nation, I can unequivocally assure you that the "guesswork" is over. The only "guess" left to make now is how long it will take for these "lawyer-senator-govenor-president" types to totally drive our country into a bottomless quicksand pit.
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