The beat of bad news goes on for law schools and new entrants into the legal profession. Two stories in recent weeks gained national attention.
The Job Market for New Graduates
The Wall Street Journal reported, based on its own assessment of law school graduation data from nearly 200 accredited schools, that members of the law school class of 2011 had little better than a 50-50 shot of landing a long-term job as a lawyer within nine months of receiving a degree. The article used the American Bar Association's definition of "long-term" as lasting at least a year. Only about 8% of 2011 graduates landed full-time, long-term jobs at larger firms with more than 250 attorneys - which many graduates see as the holy grail they're pursuing in law school.
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