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And so it begins….

The New York Times reports: You know things are bad when even lawyers are getting laid off. In downturns of years past, law firms exploited corporate failures and bitter, protracted lawsuits to keep busy and keep billing. But in this still-unfolding crisis, the embittered and the bankrupt have been relatively...

Guest post: Recent law grad (and UMass alum) shares some tough realities

A relatively recent law grad and UMass alum (ISOM, mid-2000’s) contacted me earlier this month with a desire to share with prospective law school applicants from UMass some of the harsh realities he’s faced as a new attorney in today’s economy.  I asked him to write up...

You are moving toward a future you are creating

Catapult 2013 (+ 2 months) or How a one-day conference reignited my excitement about the future of law In mid-April, I attended a conference in San Francisco entitled, “Catapult 2013: Tools for a 21st Century Legal Career.” It was an inspiring day of meetings, presentations, workshops and informal conversations, and I fully intended to...

The job market for lawyers: what's the future?

It’s so hard to know the job market for lawyers will be like in the next few years.  The economic downturn has thrown most sectors into turmoil, and it’s anybody’s guess what will happen in LawWorld.  The received wisdom is that lawyers do well in bad times...

Law grad employment numbers keep getting worse

The National Association for Legal Career Professionals (NALP) has issued its findings and analysis of employment trends for the law school class of 2010, and it’s almost all bad news. The annual NALP hiring report examines the employment status of law grads in February, nine months after graduation. ”[A]t 87.6%,...

What’s it worth to ya?

So there’s this raging debate in law world now about the value of a law degree.  Some law profs are arguing that it’s a million dollar degree.  Others are taking issue with that claim. Who’s right, who’s wrong, and what does it mean for...

More financial food for thought

Two more recent articles continue to paint a bleak financial picture for law world. Many recent law graduates finance their bar prep courses—and the eight to ten weeks of study post-law school with private loans.  A recent article on law.com tells how those loans are now becoming harder...

Just how many law grads become lawyers?

The primary purpose of law school is to train lawyers—that seems to make sense.  But recent data indicate that a surprising number of law school graduates do not end up practicing law straight out of school.  Prof. Brian Tamanaha, who writes frequently about legal education, portrays these...

"I'm a self-starter and a real people person!"

It’s the top cliché of job interviews everywhere (right up there with “I think my only real weakness is that I’m a perfectionist”), but it’s also what it takes to be successful as a lawyer.  That’s always been the case, but all the more so these...

The Coming Crash in Legal Education

That’s the title of a new article from University of Baltimore Law Professor Richard Bourne, detailing the long slow train wreck that the combination of the rising costs of legal education and the stagnant-to-receding market for legal jobs has engendered.  Like any train wreck, it’s not a...

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