Give NALP credit for this: They are not trying to sugar-coat the employment statistics for the law school class of 2009, which are better than anticipated at first glance. The overall employment rate for those bushy-tailed ’09 graduates was 88.3 percent as of mid-February, which is down from a 91.9 percent employment rate at the same stage after graduation for the class of 2007, according to NALP data, released today (pdf).

That 88.3 percent figure is the lowest for any class since the mid-1990s, NALP says, but it seems pretty darn high given the doom and gloom surrounding the legal market amid the broader economic collapse.