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It just gets uglier

From today’s New York Times, Downturn Dims Prospects Even at Top Law Schools. This fall, law students are competing for half as many openings at big firms as they were last year in what is shaping up to be the most wrenching job search season in over 50 years. There’...

Law school debt and law jobs

Yet another article, this time in the New York Times, telling you what you should already know if you’re a regular reader of this blog: law school is expensive and law jobs are not as plentiful as they once were. Do your homework before you take the plunge. From...

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...

And now for something completely different

Well, not so much.  Another view of just how big impact an impact the economy is having on Law World.  Only this one encourages (hopes for?) a phoenix to rise from the ashes. The silver lining, if there is one, is that the legal world may be inspired to draw...

Legal careers: what to believe?

An unprecedented amount of attention is being paid to the job prospects and salaries for new attorneys, changes in the legal profession, and changes in legal education.  Much of it offers a bleak assessment of the job market for newly minted attorneys, and an even dimmer view of the cost-benefit...

The future of the legal job market

Prof. Brian Leiter of the University of Chicago Law School is one of the foremost observers and commentators on law schools.  His blog is worth following for a number of reasons, but this post in particular speculates on the future of the big law firm world.  In the comments, you’...

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...

Another reality check on legal careers

This article from Ari Kaplan, published in the National Law Journal, doesn’t just analyze why so many people go to law school without thoroughly researching their choice (especially the financial impacts).  He goes further to examine some of the traits of the truly successful lawyers—and it has nothing...

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...

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...

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