These are the numbers, in a nutshell. 30,000 expected open jobs a year, and 45,000 graduates. Makes it look like we are about 33% overboard when it comes to churning out law school graduates (if my math is wrong, sorry - the point is there's a big difference). This means that right now when you enter law school there is a 1 in 3 chance that there won't be a job out there for you. And, with the shift in business model that is sure to happen, those numbers could become even higher.
And there's a catch 22 for all the law schools out there. They know a lot of the new students coming in aren't going to be able to find a job, but they also know those students' loan checks are just as good as the students at the top of the class. The problem I see with it is the lack of full disclosure to entering law students concerning the harsh reality they may face when the graduate.
I know because I was there recently enough to remember. I graduated from law school in 2005 from the University of Kansas. At that time there were a lot of on campus interviews going on. About the top 30 of our class (of 250) had jobs lined up paying a ton of money (I almost said great jobs but then remembered what the jobs actually entailed - great paying, yes, great job, no). The rest of us were slugging it out trying to find anything we could. I think that remains the case today.
I don't think very many people come here that are entering law school, though if you are curious as to how to start a law firm going in you might, but just in case, I thought I'd let you know the truth about law school. There are opportunities out there. You can be great even if you aren't in the top 25 of the class. But it's tough. And nobody's going to give you anything. You have to earn it.
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