Legal News

NALP Says 2011 Hit Bottom: Can Only Go Up From Here
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The NALP’s Executive Director, Jim Leipold, has announced that we’ve “hit the bottom” with how many new associates are hiring, with the class of 2011 getting the worse of it. But he adds “I see no reason for it to continue on a downward spiral.” In other words, it should perk up.

“There is no 3L hiring market,” he said. And it seems many law grads are going into paralegal work, which considering the costs of law school is a big sacrifice.

In his article, entitled “the End of an Era,” Leipold noted that for a while there was a demand for “sophisticated legal services” over “business lawyers,” but that it flipped in 2004, and is only beginning to feel the reversal as late as 2010.

  
What
Where


According to the NALP, 85% of the 2011 graduates were employed nine months after gradation, which is the lowest its been for a decade. And considering that 3%-4% are working for their alma mater, things aren’t looking good.

“The days of the large summer classes are over. And they’re not coming back,” said Leipold.

With such huge collective debts as $3.6 billion in ABA law school graduates in 2010, the good news, that it can’t get any worse, is somewhat of a relief, if not a bitter relief.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Civil Associate Attorney

USA-CA-Roseville

Law firm seeking a general civil litigation associate with 5+ years of civil litigation experience. ...

Apply now

Associate Attorney

USA-CA-San Diego

Brightside Law Group is growing! We are looking for an Associate Attorney to join our Special Educat...

Apply now

Associate Attorney

USA-CA-San Diego

Brightside Law Group is growing! We are looking for an Associate Attorney to join our Special Educat...

Apply now

Paralegal / Data Analyst

USA-DC-Washington

Kalijarvi Chuzi Newman & Fitch (KCNF), a boutique employment law firm, seeks a full-time Paralegal t...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Junior to Mid-level Investment Management Associate Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search Top Ranked Law Firm seeks junior to mid-level investme...

Apply Now

Mid-level Debt Finance Associate Attorney

USA-CA-San Francisco

San Francisco office of a BCG Attorney Search Top Ranked Law Firm seeks mid-level debt finance-focus...

Apply Now

Senior Business and Corporate Law Attorney

USA-CA-Murrieta

Murrieta office of our client seeks a senior business and corporate law attorney with 3+ years of bu...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top