Obtaining a law degree is no longer enough to ensure sustainable employment for decades, according to a recent study from the National Association for Law Placement.
The report found that 85.6 percent of graduates had been able to find a job nine months after graduating – 6 percent less than the numbers in 2007, when this figure was at an all-time high. Those who helped conduct the study said that the environment for legal employment had changed dramatically in the past few years.
"When this class took their LSATs and applied for law school, there were no signs that the legal economic boom was showing any signs of slowing, and yet by the time they graduated they faced what was arguably the worst entry-level legal employment market in more than 30 years." NALP executive director James Leipold said in a statement.
In an effort to reduce the high number of legal professionals, some schools have begun cutting down on the number of accepted applicants. JD Journal reports that as many as 10 law schools in the U.S. are planning to reduce student levels.
Content provided by executive search organization, MRINetwork.