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Legal employment and its discontents - UPDATE 8-19

Another recent article on legal employment (or the lack thereof) and who’s to blame. The bottom line, from my perspective: before you invest $100,000+ in law school, make darn sure it’s worth it to you, given your current circumstances and your specific aspirations for legal practice.  Research, research, research. ...

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...

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...

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...

Outsourcing legal employment to India

The global market and law jobs. India’s legal outsourcing industry has grown in recent years from an experimental endeavor to a small but mainstream part of the global business of law. Cash-conscious Wall Street banks, mining giants,  insurance firms and industrial conglomerates are hiring lawyers in India for...

"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...

What’d I miss? Second half of July 2014

An occasional roundup of all our social media posts, reposts, shares and retweets. (Click on the little logos up there on the top left for all our various virtual hangout locations.) Profiles of Bostonians focusing on their educational debt. Executive power is kind of a big thing these days, what...

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...

Choosing law schools: prestige and the bursting of the BigLaw bubble

Excellent article from Prof. William Henderson of the Indiana University School of Law, analyzing the potential impact of the financial crisis (and its attendant effects on the large law firms) on the relative marketability of different law schools’ grads. Most large law firms are very sensitive to pedigree, though you...

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