News From Terre Haute, Indiana

Community News Network

June 25, 2014

Things looking up for law school grads

NEW YORK — This might sound weird, but here goes: Now might be a pretty good time to think about law school.

Earlier this month the National Association for Law Placement released its first look at how the J.D. class of 2013 fared on the job market. Overall, it wasn't pretty. For the sixth year running, the employment rate fell, as schools produced a record number of graduates for an industry without the room for them.

There was, however, a nugget of good news buried in the data. While the employment rate dropped, grads still found more jobs overall than in 2012. And as the Wall Street Journal noted earlier this week, big law firms — the kinds offering those fat, six-figure salaries that law schools like to advertise — continued to pick up their recruiting. Employers might not have been able to absorb the crush of lawyers who left campus, but hiring seems to have at least stabilized.

And that's a huge deal. Thanks to the historic enrollment crash that has shrunk law school classes during the past few years, it means that graduates might soon be looking at a shockingly strong job market.

Here is the key number to keep in mind: 36,000. That is roughly the number of new J.D.s we should expect to graduate in 2016. Getting to that figure is pretty straightforward: In the fall of 2013, 39,700 students enrolled in law school. Given that about 10 percent of each law school class generally drops out, we should expect no more than 36,000 to reach commencement.

In comparison, 46,776 law students graduated in 2013. So we're talking about a potential 23 percent plunge.

With less competition it should be far easier for graduates to find decent work.

1
Text Only | Photo Reprints
Community News Network
Latest News
TribStar.com Poll
AP Video
Raw: Air Algerie Flight 5017 Wreckage Raw: Big Rig Stuck in Illinois Swamp More M17 Bodies Return, Sanctions on Russia Grow Judge Faces Heat Over Offer to Help Migrant Kids Gaza Residents Mourn Dead Amid Airstrikes Kangaroo Goes Missing in Oklahoma Kerry: No Deal Yet on 7-Day Gaza Truce Ohio State Marching Band Chief Fired After Probe Raw: Bolivian Dancers Attempt to Break Record Dempsey: Putin May Light Fire and Lose Control Raw: Deadly Tornado Hits Virginia Campground Virginia Governor Tours Tornado Aftermath Raw: Iowa Police Dash Cam Shows Wild Chase Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive Raw: Air Algerie Crash Site in Mali Raw: Palestinians and Israeli Soldiers Clash Cumberbatch Brings 'Penguins' to Comic-Con Police: Doctor Who Shot Gunman 'Saved Lives' In Case of Fire, Oxygen Masks for Pets
NDN Video
Big Weekend For Atlanta Braves In Cooperstown - @TheBuzzeronFox Chapter Two: Becoming a first-time director What's Got Jack Black Freaking Out at Comic-Con? Doctors Remove 232 Teeth From Teen's Mouth Bradley Cooper Explains His Voice in 'Guardians of the Galaxy' Deja vu: Another NYPD officer choke-holding a suspect 'Fifty Shades of Grey': Watch the Super Sexy First Trailer Now! Reports: Ravens RB Ray Rice Suspended For 1st 2 Games Of The Season Air Algerie plane with 119 on board missing over Mali Diamond Stone, Malik Newman, Josh Jackson and others showcase talent Free Arturo - The World's Saddest Polar Bear A Look Back at Batman On Film Through The Years LeBron James -- Dropped $2k On Cupcake Apology ... Proceeds To Benefit Charity Snoop Dogg Says He Smoked Weed at the White House Raw: Fight Breaks Out in Ukraine Parliament Chris Pratt Interrupts Interview To French Braid Intern's Hair Shirtless Super Mario Balotelli Dances While Ironing - @TheBuzzeronFOX Whoa! Watch "Housewives" Star Do the Unthinkable LeBron apologizes to neighbors with cupcakes Justin Bieber In Calvin Klein Underwear Shoot
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity