Thursday, February 23, 2012
The Truth About Employment, National Jurist, Feb. 2012, at 24:
On the one hand, critics point out that this is the worst job market in years and law schools mask the depth of the problem with inaccurate or misleading job data. On the other hand, some law schools point out that law has the lowest unemployment rate among professional professions and long-term career satisfaction.
So is it a horrible job market or a very stable profession? The answer, it seems, is 'yes' to both. ...
[T]he percentage of graduates who had employment for which bar passage was required dropped from 74.7% in 2008 to 68.4%. But many in legal education say this does not mean that the other 31.6% of law school graduates made a poor choice. "Law is a generalist education," said Susan Poser, dean at the University of Nebraska College of Law. "It teaches important critical thinking skills. All the ways you can be a lawyer is broader than what we've been able to articulate to the public. ... You are more likely to get a job now if you go to law school than get a Ph.D. in history, where you'd be in worse shape," she said. "It's tough, but still, a very good bet."