Thursday, August 28, 2014

July 2014

I'm just going through the motions at this point. July 2014 was flat. Year-over-year was modest, nowhere near enough to absorb recent graduates. We'll see what happens in the fall, though I'll go out on a limb and predict things will suck for most newly-minted lawyers.

I'd hoped toilet law schools would start to fail and fall like dominos as students fled, but I'm increasingly convinced there is a baseline supply of individuals like this to fill seats. All the schools need to do is get their expenses in line with the new-normal revenue stream — they're lopping faculty and staff as I type this — and they can scam provide quality, ABA-endorsed legal educations forever.

Not seasonally adjustedJuly20131,143,300
Seasonally adjustedJuly20131,132,000
Change from Jun-14 to

1 comment:

  1. It can be discouraging to see the data. People will believe what they want to believe, but I think we in the scamblog movement are the ones who still need to speak to the down side of going to law school. Few others will, apparently.