While the job market is recovering from the recession quite nicely (that’s the blue line), legal jobs aren’t doing quite so well, at least according to this chart from the American Lawyer. (Follow that link for an interactive version of the chart.)

Since legal employment bottomed out in 2009 Q4, the net gain is just about 100,000 jobs. That’s something, but with 35–40,000 new lawyers every year, it’s not nearly enough. Besides, look at that sad little hill in the red line. Firms started hiring, then apparently realized the work wasn’t coming back and laid off everyone they hired back. Then, the market went flat. For most of 2014 it looks like any new job openings must have been due to attrition, not growth.

That’s a depressing chart.

(h/t Keith Lee)

6 Comments

  1. jbwilson24 says:

    Thanks for the chart and post. I wonder how much automation, offshoring (etc) are playing a part. Talking to the CEOs of the big outsourcing corporations, their business is booming.

    • Sam Glover says:

      I’m sure it’s taking its toll. I haven’t tried to find numbers on doc review jobs, but after taking a look at eBrevia and Diligence Engine, I’d expect to see a sharp dropoff. Why hire an army of temporary doc reviewers when software will do the job at a fraction of the cost?

  2. Paul Spitz says:

    One problem is that if you are a new grad and you don’t get a law job in your first year out, you will be competing against even newer grads. Employers will consider you to be past your sell-by date. That’s why any new grad without a job needs to get out there, find some clients, do some legal work, and get experience. If that turns into a job, great. If it turns into a solo practice, great. The one thing you don’t want to do is waste your time working at Starbucks and sending out resumes.

  3. gaelorian says:

    Dear Most People:

    Don’t go to law school.

    However, if you have a full ride or someone paying for it and have a solid connection for a legal job afterwards then go for it. But, without those things, law school will be a losing proposition for most people.

    Regards,
    Some asshole on the Internet

Leave a Reply

Your email address will not be published. All fields are required.

By commenting you agree to abide by our community standards.