Today's Supply-Demand Gap in Legal Jobs: Understanding the Reported Numbers
Yesterday, I posted about the supply and demand for legal services some time in the future as more Baby Boomers retire. Today, I want to explore the supply-demand gap existing today. Just recently, the ABA released data on employment rates for law school grads nine months after graduation for all ABA-approved law schools. On average, for 2012 grads, 56.2 percent of grads found long-term, full-time positions that required bar passage. These jobs include solo practitioners, law firm positions, business and industry positions, government jobs, public interest jobs, clerkships, and jobs in legal education. In 2011, fewer grads found that type of employment -- just 54.9 percent. Grads who reported they still sought employment increased a bit from 9.2 percent in 2011 to 10.6 percent in 2012. ABA 2012 Law Graduate Employment Data -- All Schools This measure of employment success is narrow, but admittedly reflects the aspirations of most students seeking a ...