“U.S. Legal Sector Contracting Even As Nation’s Economy Recovers“
No music as I dropped a glass jar full of pasta sauce on my floor. Not a happy camper, but at least the article is up.
Filed under: Am Law Daily Post Tagged: | Legal Sector
No music as I dropped a glass jar full of pasta sauce on my floor. Not a happy camper, but at least the article is up.
Filed under: Am Law Daily Post Tagged: | Legal Sector
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Hell, Brian Tamanaha pointed out that the following on Balkin, back on June 13, 2010:
http://balkin.blogspot.com/2010/06/wake-up-fellow-law-professors-to.html
“And for the opportunity to enter a saturated legal market with long odds against them, the tens of thousands newly minted lawyers who graduate each year from non-elite schools will have paid around $150,000 in tuition and living expenses, and given up three years of income. Many leave law school with well over $100,000 in non-dischargeable debt, obligated to pay $1,000 a month for thirty years.
This dismal situation was not created by the current recession—which merely spread the pain up the chain into the lower reaches of elite schools. This has been going on for years.”
Enjoy!
http://about.bloomberglaw.com/videos/biglaw-growth-is-dead-heres-whats-next/
http://about.bloomberglaw.com/videos/consultant-more-big-law-firms-will-implode/
Today’s Wall Street Journal Law Blog posted a letter from so-called concerned colleagues to the ABA’s task force on legal education. The letter offers nothing new and rehashes the main concerns often posted albeit with more forceful vigor and less weak-kneed insipidity by the scambloggers, Unfortunately, the offered remedies are also short on details and redound principally to their self interest.
http://blogs.wsj.com/law/2013/03/07/academys-heavyweights-opine-on-law-school-problems/
Thanks for this lawmrh,
Notice how almost all the signatories teach at top-tier schools. Nearly half are in U.S. News‘ T-14 (9 from NYU, so it’s my guess that that’s where the letter originated), and the only unranked school to appear is Texas Wesleyan.
I wonder if they’ll turn on their less-prestigious colleagues as jobs and applications dwindle.