On October 10, 2012, an entry labeled “Law Schools Must End Lawyer Glut: Dean” was published on Law360 Career Blog. Check out this opening:
“Law schools cannot continue to be diploma mills, and must make drastic and permanent cuts to class sizes, argues Frank H. Wu, dean of UC Hastings College of the Law.
There are more attorneys and law students in the U.S. than worthwhile jobs, and law schools need to stop promoting the illusion that an expensive J.D. is a ticket to a rewarding career, Wu wrote for Huffington Post.
"Young people feel they have been sold on a false promise. They are not wrong."
And it’s a mistake to believe that an improved economy will reshape the legal market. Law firms are raking in record profits now that they are doing more work with fewer people and lowering overhead. Boomtimes or not, there won’t be adequate jobs for the glut of lawyers, Wu said.” [Emphasis in original]
Of course, Wu then went on to claim that law school is not a scam. However, the academic is making progress. On April 22, 2009, Frank Wu wrote a garbage piece for US “News” & World Report, with the idiotic header “Why Law School Is for Everyone.” He concluded that tripe with the following nonsense:
“There is no typical law student. As many law students matriculate straight from college as enter after having taken a break in their formal education. Some have aspired to be advocates since they were children and became determined to right the wrongs they had witnessed; others happened to do well on the LSAT taken on a whim.
Whether they ever appear in court or draft a will, they will have been well served by learning how to stand up and speak out. They have been inspired by a sense of civil rights as well as civic responsibilities. They are ready to become leaders.”
You don’t need to incur an additional $100K+ in NON-DISCHARGEABLE debt, in order to speak up, Frank.
Tenured UCLA “Law Professor” Clearly States “There Are Too Many Law Schools”:
Back on September 3, 2009, Stephen Bainbridge posted a blog entry entitled “Too many law schools and too many lawyers.” Read the following excerpt:
“If law in fact is a mature industry, we face a problem of systemic oversupply. The rate at which demand for new lawyers grows has permanently leveled off. Economic recovery will help, but it will not change the fundamental structural changes in the market for lawyers.
Unfortunately, the growth in the number of law schools and size of entering classes at many law schools was premised on the assumption that the demand for lawyers would continue to rise at the high rate characteristic of the period, say, 1960-1990. Because that growth rate was artificially high due to the exogenous shocks of the preceding decades, the number of law schools and large law school class sizes no longer make sense. Indeed, if law schools continue to grow in number and size at their current rate, the gap between demand for new lawyers and the number of new lawyers will continue to rise every year.
The solution is obvious, although how we can find the ability and the will to do it is not. We have to reduce the number of law schools. Just like GM has to close plants because of over-capacity, we in the law have to close some of our "factories." [Emphasis mine]
The last time I checked, Bainbridge was not a scam-blogger.
Infographic Data on the Oversaturated Market:
In addition to the admissions/statements above, BLS and ABA data show that there is a severe GLUT of attorneys, in the U.S.
The Wall Street Journal Law Blog featured a July 31, 2012 entry, from Jennifer Smith, titled “Handy Infographic on Lawyer Glut, Outsourcing, Other Happy Topics.” Take a look at this opening:
“Law students — are you having a nice summer?
Well, in case you forgot what awaits you post-graduation, here’s a nice visual slap in the face: a yards-long infographic that helpfully showcases the dismal state of today’s legal job market and outlines the brave new world ahead. (H/T to Indiana University School of Law”s Bill Henderson and Greg Voakes over at Business Insider)
The graphic uses data from the Bureau of Labor Statistics, the ABA and other sources. It was put together by a company called TelAssistant, which, among other things, supplies answering services and “virtual legal assistants” for attorneys. A call to the company was not immediately returned.
Anyway, it’s all here. The nearly five-fold explosion in the number of law graduates between 1963 and 2010. The declining percentage of law graduates who have found employment (from 85% in 2011 to 62% in 2012, according to the chart). Quick explanations of how globalization and legal outsourcers have changed the playing field, etc.” [Emphasis mine]
Conclusion: If you have an IQ above room temperature, some knowledge of the overall job market, and a shred of objectivity, then you will easily understand that the U.S. lawyer job market is shrinking. The ABA-accredited trash heaps/law schools are aware of this, and they are merely trying to extend the life of the scam. Perhaps, several “professors” and deans are delusional enough to believe that an economic recovery will improve the job outlook for recently-minted lawyers. However, the pigs need to recognize the following: (a) Biglaw clients are not going to embrace a return to the billable hour scheme; (b) automation leads to permanent job losses; (c) U.S. law firms will continue to outsource discovery to foreign attorneys and non-lawyers, as well as temp hag agencies; and (d) the commodes have produced FAR TOO MANY graduates for decades – and selfishly saddled them down with monstrous amounts of NON-DISCHARGEABLE debt.