Friday, June 20, 2014
The National Law Journal reports that in addition to slow growth in the job market for lawyers generally, 2013 saw the largest graduating class in history enter the market which is also affecting the search for a job. On the plus side, the median starting salary for 2013 grads, $62,467, was up slightly from the previous year at $61,245. (The ABA Journal previously reported that the starting, median salary for 2013 grads working in law firms was $95K). From the National Law Journal:
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“In general, the legal sector is best described as mostly flat in the spring of 2014, with overall headcount off by more than 40,000 jobs from its prerecession high, according to data from the U.S. Bureau of Labor Statistics. The entry-level job market reflects that mostly flat business environment for the legal sector generally.”
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