Employment Rate for Class of 2011 Hits 18-Year Low
The class of 2011 has been the hardest hit compared to its previous classes and the employment rate for them is at an 18-year low according to new data released by NALP. A survey carried out by the organization shows that 85.6 % of the class of 2011 was employed nine months after graduation. That is a decrease of almost 6% from its peak of 92% in 2007.
But the more troubling news is that one-third of the new law graduates were doing jobs that do not require a law degree, or were continuing their education or just plain unemployed. Another one-eighth of law graduates were in jobs were J.D.s are preferred but not required.
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The employment scenario for recent law graduates is promoting lawsuits against law schools resulting in some law schools trying to show more transparency in their graduates' placement rates.