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 adjusted||July||2013||1,143,300|
|Change from Jun-14 to|