James G. Leipold, the executive director of the National Association for Law Placement, analyzes recent employment data, writing: Given the severity of the recession, an overall employment rate of 88.3 percent may seem stronger than expected, but when the statistic is teased apart, it begins to reveal some of the fundamental weaknesses in the job market faced by this class and likely some of the classes that will follow.
April 25, 2011 at 12:00 AM
1 minute read
As a direct result of the “Great Recession” that began at the end of 2007, members of the law school graduating classes of 2009 and 2010 faced the worst entry-level legal employment market in 50 years, and the market for the class of 2011 remains difficult.
The good news is that the most recent recruitment cycle showed signs of a small bounce in the recruiting activity of law firms, a sign that better economic times likely lie ahead.
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