Sunday, May 1, 2016
Recent Law Grads in Texas Facing Big Heaps of Unemployment and Underemployment
TTTT Job Prospects: On April 22, 2016, the Dallas Morning News featured an article from Natalie Posgate, with the headline “Nearly one-fourth of Texas law grads are unemployed or underemployed.” The piece was in the Business section. Take a look at this opening:
“Just a decade ago, earning a law degree was the sure fire way to a guaranteed job and a six-figure income. Not so much anymore.
Despite paying as much as $200,000 for their legal education, nearly one-fourth of the 2,072 Texas law school graduates of 2015 are unemployed or underemployed, according to new data compiled by The Texas Lawbook.
Statistics show that less than two-thirds of law school graduates in Texas from 2015 have full-time jobs as lawyers 10 months after graduating. About 12 percent of graduates are employed full-time in non-lawyer professional positions.
More than 13 percent of newly minted Texas lawyers are unemployed, which is actually worse than in 2010 — the year the Great Recession hit the Texas legal industry the hardest — when 9 percent of Texas law school graduates could not find a job after graduation.
Three percent of 2015 law graduates are stuck working part-time jobs — some of them having nothing to do with law at all, according to data just made public by the nine law schools in the state.” [Emphasis mine]
Still want to go to law school, Dumbass?!?! After looking at the numbers for several commodes in the state, the author then provides the following information:
“Recent data indicates that the demand for legal services has remained flat since the end of the Great Recession.
The number of full-time practicing lawyers in Texas increased by less than 3,500 during the past four years — from 37,600 in 2012 to 41,000 now, according to the U.S. Bureau of Labor Statistics.
Yet, the nine Texas law schools — 10 once the University of North Texas College of Law graduates its first class next year — continue to pump out more than 2,000 new lawyers annually. This is despite the fact that most law schools have shrunk their incoming classes over the past few years.
“It took Texas longer to feel the recession in legal jobs than the rest of the nation,” said Faye Bracey, the assistant dean for career services at St. Mary’s University School of Law. “With the recent downturn in the oil and gas industry and the increase in attorneys who moved to Texas when the rest of the nation was experiencing high unemployment, the job market in Texas has become tighter.”
The three-year legal education costs at the nine law schools range from $37,000 to $71,000 annually.
On the upside, BLS reports that the median annual salary for practicing lawyers in Texas is $137,000.” [Emphasis mine]
This story was solid, until the reporter cited to Bureau of Labor Statistics data that purports a median annual salary of $137,000 for attorneys. Nice way to patch things together. Of course, she also quoted several $elf-intere$ted law school pigs – without talking to a single critic. Hell, I put more thought and research into each blog entry than this chick did on a major news article.
Other Coverage: On April 25, 2016, Paul Caron discussed the Posgate piece in a TaxProf blog entry labeled “Nearly One-Fourth Of Texas Law School Grads Are Unemployed Or Uunderemployed.” Scroll down to the comments, for the following remarks:
On April 26, 2016 12:22:17 am, user “Lonnie” wrote this gem:
“That 25% must not know about their million dollar JD premium, right?”
Matthew Bruckner, assistant “professor of law” and balding ape at Howard Univer$iTTTTy Sewer of Law, posted this nonsense on April 26, 2016 at 6:13:56 am:
“It's not clear to me that the 12% who are "employed full-time in non-lawyer professional positions" would prefer to be lawyers but cannot find a good legal job. I have a lot of friends who never practiced law. Anecdotes aren't data, but I think more granular information on these folks might be helpful.”
People attend professional school in order to enter a secure career in the field of their choice, Bitch. Those who get into medical school have every intention of becoming physicians, students bust their ass to get into veterinary school so that they can practice veterinary medicine, and men and women go to dental school to become dentists or orthodontists. Those who enter law school want to become – wait for it, since it might shock you – lawyers! No one with an IQ above 90 willingly goes through seven years of post-secondary “education” – while incurring ridiculous sums of NON-DISCHARGEABLE debt – so that they can do work that does not require a supposed “professional” degree! Do…you…understand…that, cockroach – or do I need to draw you a diagram with Crayola on posterboard?!?!
Conclusion: There are nowhere near enough lawyer jobs for the amount of JDs pumped out each year. Back in 2008 and 2009, “unperson” from the now defunt Exposing the Law School Scam blog was highlighting the attorney GLUT in Texas. The current story is certainly not news to anyone who has graduated from law school, in the last decade. The fact that the ass-hats in the Texas $tate Legi$lature opened a law school at garbage pit UNT speaks volumes, i.e. they also DO NOT GIVE ONE GODDAMN about potential law students/financial rape victims or taxpayers. The University of North Texas has no real name recognition outside of the state. Hell, within the region it is seen as a dung pit. Now, imagine the stench of a law school attached to such a corroded in$TTTiTTTuTTTion. Good luck trying to land decent employment, with a law degree from this rancid excrement pile.
Posted by Nando at 2:56 AM