Although warnings about a poor job market and an economy on the brink of a recession have filled the airwaves recently, the 2008 outlook for the legal market shows that it will continue to be a booming sector. Work, as well as jobs, in the areas of corporate securities, energy, and IP law in particular will continue to grow throughout the year. Moreover, salaries will also rise by 9.1% for attorneys, with first year associates who work at large firms earning $111,750 to $137,000.
The career planning process will go on throughout your lifetime. Although you have chosen to pursue the study of law or are currently practic¬ing law, there are still a number of decisions that you will need to make. There are also a number of myths that you need to dispel as you make your career decisions. Probably the first and foremost myth to dispel is that career related decisions are a one time, irreversible process. Career counseling professionals will tell you that the average person will change careers (careers, not jobs) three to five times. The material that follows in this booklet has been assembled to assist you in making your next career decision. Other decisions and circum¬stances will occur later in your career that will cause you to continue to evaluate your career choices and may be the impetus for you to move into a totally different career area.