Sunday, November 4, 2012
The Washington Post Magazine Notes That There Are Not Enough Lawyer Jobs for the Legions of Recent Graduates
On October 31, 2012, the Washington Post Magazine published an article from Elizabeth Lesly Stevens, under the headline “Will Law Students Have Jobs After They Graduate?” Take a look at the following excerpts:
“There are a few other recent statistics that [UC Irvine’s Cockroach Erwin] Chemerinsky and his colleagues at the nation’s law schools — a disproportionate number of which are in or near Washington — might want to bring into sharper focus.
In 2011, more than 44,000 students graduated from the 200-odd U.S. law schools accredited by the American Bar Association. Nine months after graduation, only a bit more than half had found full-time jobs as lawyers.
The U.S. Bureau of Labor Statistics forecasts 73,600 new lawyer jobs from 2010 to 2020. But just three years into that decade, about 132,757 new lawyers have hit the job market.” [Emphasis mine]
On the third page, check out the following info: “Consider this: Of the 576 who graduated George Washington University this year, 20 percent — 112 — are employed as lawyers only because GWU pays them $15 an hour, up to $525 each week, to do volunteer work. The average indebtedness of GWU’s class of 2011 was $127,360. Trying to adjust, the school trimmed first-year enrollment this fall by 16 percent, to 400.”
Yes, you read that correctly. If you want to be technical, the commode only hired 19.44% of this class, for volunteer work. Keep in mind that “The” George Wa$hington Univer$ity Law $chool is ranked as the 20th best law school in the nation, by US “News” & World Report. If this school must resort to these desperate measures, what are your chances of landing solid legal employment - when you attend a third tier commode or fourth tier trash pit?!?!
Washington Post Also Lists the Most Expensive Law Schools for 2012-2013:
The link is labeled “2012-2013 law school tuition, fees and living expenses.” The magazine relies on figures furnished by the defunct rag known as US “News”. You will notice that UC Irvine is second on the list. The total estimated cost of annual attendance at the currently-unranked toilet will amount to $77,129 for out-of-state students; total COA is a mere $70,809 for California residents. In the main article, Ass-Clown Chemerinsky claims that these immense costs are required for academic “excellence.”
There Simply Are Not Enough Jobs:
On February 17, 2012, Paul Campos posted a blog entry entitled “The message.” This man gets right to the heart of the matter:
“There are a great number of things wrong with legal academia, but in the end the problem is this: There aren't enough jobs. Everything else - the failure to prepare people to practice law, the intellectually vacuous and socially reactionary atmosphere of the law school classroom, the ridiculous publication system, the pernicious rankings, the puerile obsessions with status, the profligate spending etc. etc. - is secondary to the fact that there aren't enough jobs.” [Emphasis mine]
The Job Outlook for Recent JDs Was Dismal Before the Current Recession:
In the article above, Campos cites to an October 3, 2011 Balkin piece from Brian Tamanaha, under the header “Poor Employment Market for Law Grads Predates the Recession.” After proving that the legal job placement rate has been weak for at least one decade, Tamanaha reaches this conclusion:
“Law schools wooing the next crop of incoming students will no doubt use the line that the employment situation is bad now because of the recession, but things will get better when the legal market turns around. And they will tell prospective students that three and a half years between now and their anticipated graduation is plenty of time for the job recovery to take place.
Don't buy it. There is no sign that the legal market will improve. And even if it does, at many law schools one-out-of three or one-out-of four graduates will not get jobs as lawyers.” [Emphasis mine]
These two men have consistently shown than they do not have a mere academic interest in the subject of student debt and the shrinking lawyer job market. A few other “law professors” have looked at this as if this is a hypothetical. However, we are talking about real people’s lives. I know several highly-educated men and women who have told me that they will never own a home or have children. Their staggering student debt loads and low pay are main reasons for this decision.
Conclusion: Vindication feels great. However, legions of current law students and recent JDs are being ruined financially, by the steaming dung piles known as ABA-accredited law schools. The sociopaths who run these highly profitable, “non-profit institutions of higher learning” DO NOT GIVE ONE DAMN about you or your future. They couldn’t care less that you may be unable to ever purchase a house or start a family. After all, these pigs get paid up front, in full - regardless of the job market. You, the recent graduate, will be stuck with the student loan payments - with interest - for the next 20-30 years. In the end, THE ADMINISTRATORS AND FACULTY HAVE A DIRECT FINANCIAL INTEREST IN MAKING PROSPECTIVE LAW STUDENTS BELIEVE THAT THE JOB MARKET WILL RECOVER SHORTLY. Of course, the bastards offer no proof of their assertions. Meanwhile, the financial criminals continue to collectively pump out more than 44,000 grads each year - and others plan to open new law schools.
Posted by Nando at 7:34 AM