Tuesday, April 9, 2013
That's according to this article from an Omaha news blog which reports that the job market for new law grads is good if they just know where to look. In fact, some of the lawyers, professors and deans interviewed for the story same that the demand for lawyers is "enormous." I'm not sure that Campos, Tamanaha, Henderson, Mystal, et al., would agree but read on and form your own opinion.
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The American Bar Association says 44 percent of national graduates from the class of 2012 were not working at a job requiring the passage of a bar examination nine months after graduation. In a New York Times article earlier this year, legal profession scholar and analyst William Henderson of Indiana University called the law school escalator to upward mobility a broken and faded anachronism.
The picture is not nearly so dramatic with respect to the Midlands' four law schools — Creighton, Nebraska, Drake and Iowa. And area experts say demand for lawyers is high if graduates look in the right places and specialties.
The region's lowest ABA-reported employment score — 62 percent at Des Moines-based Drake University Law School — still outpaced the ABA national number of 56 percent. The highest score went Iowa City's University of Iowa College of Law, where its 76 percent of 2012 graduates employed in a job requiring a law license beat the national number by 20 percentage points.
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Despite some gloomy forecasts and the drop in applications, there is enormous demand for lawyers, according to professors, practicing lawyers and law college deans.
Nebraska law Dean Susan Poser said most reports of the profession's demise stem from New York, Chicago and Los Angeles — the homes of “Big Law” where firms employ hundreds of lawyers who represent enormous corporations with legal budgets that run — or in some cases ran — into the hundreds of millions.
“In those markets, it has been tough,” Poser said. “Some large firms have closed, or terminated attorneys, and budgets have been cut for the sort of hourly work done by new associates.”
Poser said the consequences have been less profound in the Midwest, with most of her graduates opting for Main Street as opposed to Wall Street.
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