The facts: Only 55% of 43,755 law school graduates had law related jobs 9 months after graduation in 2011.
At the top 20 law schools with the highest job placement rates, 83% of graduates were working as lawyers; at the bottom 20 only 31% were working as lawyers.
The average law school graduate in 2010 had school related debt of $98,500.
The cold hard numbers show that we have too many lawyers for the work available and too many law schools churning out even more unneeded lawyers. These law school graduates are being let loose on a dismal job market, and they are competing in this market with enormous mountains of debt, having been sold a pipe dream that graduation and passing the bar would automatically lead to a secure career. Somebody needs to put a stop to this train which is barreling out of control.
The NY Times article on this mess is here.
On Tuesday July 24 the latest law school graduates will convene in Tampa to take the Florida bar for two days. While youth may be wasted on the young, there is very little to envy about this group of young lawyers who have unprecedented challenges standing in their way to practice the career they trained for. We wish them luck.
DEATH PENALTY FOR PENN STATE FOOTBALL?
In light of the Freeh report released this week, should the NCAA step in and suspend Penn State football for this year and/or beyond?
Is it appropriate for football to be played in "Happy Valley" this September with all that we now know that went on there?
Coming Monday: The surprising response to a juror who says a verdict was racially motivated.