The Legal Job Market IS as Bad as It Seems
Following up on my prior post on the dearth of employment for lawyers, please fix your attention on the following article. The Washington Post recently published a very good article on this same problem, focusing on the numbers associated with law school growth until 2020, and questioning the decision of people to attend law school if it’s not one of the elite institutions. Here are a few numbers from the article:
- The U.S. Bureau of Labor Statistics forecasts 73,600 new lawyer jobs from 2010 to 2020, but after just three years, 132,757 new lawyers have been minted.
Georgetown’s law school is the largest in the country, with current enrollment at 2,216.
In 2010, law school graduates took on approximately $3.6 billion in loans.
Nine months after graduation, only 20.5 percent of 2011 graduates of the University of the District of Columbia’s law school were employed in full-time jobs requiring a J.D.
There’s no doubt this continues to be a big problem. Although some people familiar with the problem are quoted in the article talking about the need to revamp how law schools are run, there are no easy solutions to either the number of lawyers without jobs or the grossly out-of-proportion enrollment at law schools.
(photo: Shutterstock: 99873665)