I just read some advice to would-be law students that left me befuddled. The advice is this: Don’t focus so much on rankings when you’re choosing a law school; instead, you should go where you know you will perform well academically.

This counsel isn’t coming from the dean of some third- or fourth-tier law school trying to drum up enrollment, but from James Leipold, the executive director of NALP (the association for legal career professionals). In his October NALP newsletter, Leipold offers a very sobering picture of the job prospects for law graduates. (In case you need reminding, Leipold tells us that “fewer than half of the members of the class of 2011 found jobs in private practice” and “just over 65 percent of the class found jobs that required bar passage.”) In essence, he says that the legal market is changing (actually, shrinking), and that the days of wine and roses and high salaries are over.

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