Friday, May 20, 2016
Big Surprise: Smaller JD Class Sizes Have Not Magically Led to More Attorney Openings for Graduates
Dismal Job Prospects Remain: On May 16, 2016, the American Lawyer published a Matt Leichter article entitled “As Supply of Law Grads Drops, More Struggle to Find Work.” Check out the following portion:
“What would it take to spark an employment recovery for law school graduates?
In simple economic terms, there are just two factors at play: the demand for new lawyers and the supply of graduates. The U.S. economy is still lagging, and the legal sector hasn't improved either, so it's understandable if law grads aren't finding more and better jobs amid slack demand.
That leaves the supply side. If the number of graduates falls, then those remaining should have an easier time finding jobs, leaving fewer graduates unemployed. And even if poor demand for new attorneys limits the positions available to graduates, those who don't find work as lawyers should be able to find it elsewhere. Like musical chairs, the fewer people who play, the fewer are left standing when the music stops. This is the glass-half-full prediction for law school graduates.
Unfortunately for graduates, the employment results for the class of 2015, which the American Bar Association officially released in May, tell a different story.
Excluding the three law schools in Puerto Rico, 3,772 fewer people graduated from ABA-accredited law schools in 2015, an 8.7 percent decline from 2014. Somewhat surprisingly, the number of graduates with jobs requiring a law degree fell by nearly 2,000, equivalent to more than half the difference in graduates between the two years. To some extent, this is due to lower bar exam passage rates. Another category that used to employ more graduates was law-school-funded jobs. Changes in the ABA's definition of that category helped it fall by a third.
The number of graduates who were unemployed and not seeking work, looking for work or couldn't be found dropped by nearly 500, which is about 13.1 percent of this year's decline in graduates. Even so, 12.7 percent of graduates in both classes fall into these categories. Full-time, long-term jobs dominated the kinds of positions that vanished this year, in contrast to less consistent work.” [Emphasis mine]
Still want to take the plunge, waterhead?!?! Leichter does excellent work, and his research truly is top-notch. However, he should qualify the first factor as “demand for new lawyers by those who can pay for legal services.” After all, there are legions of broke-asses and deadbeats in this country who could use an attorney. However, representing ignorant, poor white trash is not going to put food in your fridge – or a roof over your head.
Flush Twice and Open a Window: On May 18, 2016, Staci Zaretsky posted an ATL entry that was labeled “The 20 Law Schools With The Most Unemployed Graduates.” Check out this opening:
“In the past, the American Bar Association released law school employment statistics nine months after graduation. It was like a birth story of sorts — recent graduates had nine months to carry their fledgling careers to full term, and after their diligent laboring in search of employment, they’d have beautiful entry-level jobs.
After the recession hit, that was no longer the case. Career prospects were being aborted left and right. Entry-level employment for recent graduates were few and far between, and law school administrators blamed the ABA for not giving their alumni enough time to find a job. The ABA eventually caved to law school deans’ demands, and began compiling law school employment statistics 10 months after graduation.
Has this solved the unemployment problem for recent law school graduates?
Thanks to smaller law school class sizes, it looks like things have improved, when in reality, they have not. Ten months after the class of 2015 graduated, 59.3 percent had long-term, full-time jobs that required bar passage, compared with 57.9 percent for the class of 2014. The job market has not improved much, if at all — the only thing that improved was the fact that there was a nine percent drop in the number of new law school graduates flooding the market in search of employment.
The National Law Journal produced several helpful charts based on law school employment data for the class of 2015. Today, we will highlight the most alarming chart of all, the 20 law schools with the highest percentage of unemployed graduates. Here are the the top 10 law schools on that chart for your sadistic viewing pleasure:
1. Southwestern Law: 30.55 percent unemployed
2. Florida Coastal Law: 28.36 percent unemployed
3. Santa Clara Law: 28.31 percent unemployed
4. Liberty U. Law: 26.23 percent unemployed
5. Thomas Jefferson Law: 26.14 percent unemployed
6. San Francisco Law: 24.70 percent unemployed
7. Cooley Law: 23.55 percent unemployed
8. Pacific McGeorge Law: 22.81 percent unemployed
9. St. Thomas U. Law: 22.42 percent unemployed
10. Charlotte Law: 22.37 percent unemployed
That was depressing.” [Emphasis mine]
Yes, that was incredibly uplifting, huh?!?! Two-ply toilet paper has greater value than a degree from any of these cesspits.
Conclusion: The U.S. lawyer job market is oversaturated, i.e. GLUTTED. Anyone who states otherwise falls into one or more of the following categories: (a) pathological liar; (b) willfully ignorant; (c) employee or mouthpiece of the commodes; or (d) mentally deficient. For $ome rea$on, the mass retirement of Baby Boomer scum has yet to occur – despite the assertions by ass-hat “law professors” and deans. Then again, the pieces of trash were simply mouthing the words – with no basis in fact – for the sole purpose of getting a few more cretins to enroll in their respective ABA-accredited toilet.
Posted by Nando at 4:30 AM