Good news, and even better news. The good news is there were 3,900 legal jobs added in April. Granted, about 45,000 people are about to graduate from ABA schools, but that means 3,900 fewer JD baristas, JD stock clerks, and JD unemployed.
The even better news is the ABA is set to give provisional accreditation to UMass Law, f/k/a Southern New England School of Law. Harvard, look out! It's comforting knowing that even though the planet is going to hell, that the sun continues to rise every morning and the ABA continues to [A]lways [B]e [A]ccrediting.
http://www.bls.gov/news.release/empsit.t17.htm
| Not seasonally adjusted | April | 2011 | 1,108,500 | |
| February | 2012 | 1,111,800 | ||
| March | 2012 | 1,111,700 | ||
| April | 2012 | 1,116,500 | 8,000 | |
| Seasonally adjusted | April | 2011 | 1,114,000 | |
| February | 2012 | 1,118,700 | ||
| March | 2012 | 1,117,000 | ||
| April | 2012 | 1,120,900 | 6,900 | |
| Change from Mar-12 to Apr-12 | 3,900 |
Automation and the unwillingness of Biglaw clients to continue to pay $400 to train a new associate has wreaked havoc on the industry. Many of those positions will not return. It's all about the money!
ReplyDeleteAlways Bestow Accreditation sounds better.
ReplyDelete