Monday, March 16, 2009

Some laid-off associates can't give their time away

Now more than ever, it's critical that law professors and administrators understand the financial reality facing our debt-laden students when they graduate.  Given the current surfeit of lawyers, the terrible job market at present and the possibility that things will never go back to the way they were, we need to more thoughtfully discuss the extent to which we bear responsibility for some of the bad outcomes experienced by our students.  Dean Richard Matasar of New York Law School, UCLA Law Professor Richard Sander, and University of Indiana Law Professor William Henderson, among others, have, to their great credit, tried to start this important dialogue.

This story from the New York Times about a former BigLaw associate with good credentials who is unable to give his time away, although anecdotal, and hopefully reflecting only temporary circumstances, is a good reminder about the world our students may face when the graduate this Spring. 

We all wish them good luck, that the economy gets better soon and Godspeed.

Hat tip to the ABA Journal Blog.

I am the scholarship dude.


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