It seems like just yesterday I advised any law student to take a Sharpie and black out the part of U.S News & World Report where it talks about new graduates achieving 98%-100% employment.
NALP (an association that compiles all variety of legal employment statistics) just came out with its selected findings for the class of 2010 (those graduating last May). The numbers are as ugly as one might expect.
Only 68.4% of 2010 law school graduates had jobs that required them to take and pass a bar exam. Another 10% or so had jobs that were “J.D. preferred”. The odds are still better than betting $100k on red at the roulette wheel, but this is the lowest it’s ever been. Light still doesn’t seem to be at the end of the tunnel, either.
The NALP findings in full are available here.
[UPDATED: Things are looking better for 2016]