Sunday, May 4, 2014
Wall Street Journal, Law School Job Data Shows Wide Gulf Between Elite and the Rest:
In an unforgiving job market, graduates of top-ranked law schools have had a far easier time landing full-time employment than their peers from the lower ranks. That much is obvious. But how much easier?
A Law Blog analysis of the latest American Bar Association employment data paired with the most recent U.S. News & World Report rankings suggests the gulf between the top 50 schools and the rest of the bunch is huge.
The unemployment rate for graduates from the top 50 is more than 60% lower than the unemployment rate for everybody else. About 5% of class of 2013 graduates from a top 50 school were still looking for work in February, about nine months after spring 2013 graduation. Meanwhile, 14% of graduates of schools below the top 50 were searching for a job. ...
Also striking are the differences in the percentage of graduates employed in long-term, full-time jobs for which passage of the bar exam was required. Roughly 75% of graduates from top 50 schools landed that kind of job. For all other graduates, the rate was 50%.