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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...

Law schools beginning to offer more practical skills training

Interesting article from the National Law Journal on a variety of new offerings at law schools to increase the marketability of their grads.  Certainly something to keep in mind as you are deciding which schools to apply to. Graduates face stiff competition for law firm positions, and clients are...

The Future of Legal Education

Excellent, thought provoking article (PDF) from New York Law School Dean Richard Matasar in the New York State Bar Journal. Dean Matasar provides a concise account of the economics of legal education and legal employment currently and into the future.  I strongly recommend it for all who are weighing a...

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...

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...

New law school employment data index

The good folks at Law School Transparency (LST) have published a new index of law schools evaluating their transparency with regard to their employment numbers.  LST staff reviewed the websites of every ABA-approved law school during the first week in January 2012, and evaluated how forthcoming each school is with...

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 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...

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...

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...

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