Showing posts with label October. Show all posts
Showing posts with label October. Show all posts

Sunday, November 19, 2017

OcTTTober 2017

Greetings, scam fans. There's little news on the legal employment front, but then there never is. Seriously, look back at this post in November 2020 and leave a comment if it's changed by more than a few thousand. I'll wait.

In school news, Valparaiso's "Board voted to suspend admission of a first-year law school class in Valparaiso, Indiana for the fall of 2018" while it searches for sunnier climes. May I suggest Chile? OTLSS did a good write-up here.

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjustedOctober20171,125,100
August20181,129,300
September20181,123,900
October20181,128,5003,400
Seasonally adjustedOctober20171,122,700
August20181,126,700
September20181,127,300
October20181,126,2003,500
Change from Sep-18 to
Oct-18
-1,100

Sunday, November 27, 2016

OcTTTober 2016

One benefit to being dilatory a lazy POS is that I can watch events unfold and write about them at my leisure. Sometimes I'll have a theme for a post, start a draft, and it will be immediately obviated by the news.

Three things have happened of late.

  • Donald Trump was elected president running on a populist theme
  • Indiana Tech announced it was closing its stillborn law school
  • "Let's see — I can't. The third one, I can't. Sorry. Oops." Oh yeah: California's July bar passage hit a 32-year-low, mirroring other jurisdictions

Just so we're clear, Indiana Tech is the harbinger of nothing. The university already absorbed the substantial sunk cost of starting the school and could have limped along, augmented by offering undergraduate courses, distance learning, and luring foreign students. I've previously opined that as long as law schools keep their expenses in line with revenue — scamsizing™ as it were — they are viable indefinitely. Uncle Sam has made the academy immune to market forces and using business terms and concepts to discuss it is obfuscation. I truly believe that the State of Indiana told the university board to shitcan the school, with this as the last straw. Basically, one well-connected individual contacted one well-connected board member, maybe even in person(!), and that was all it took.

I'm not speculating; I've seen this done. The government has enough harassment tools to obtain cooperation from anyone.

When I was in law skool a long time ago I had a course on business entities. The professor, who was a partner at a large firm, described states falling over themselves to emulate Delaware law as a race-to-the-bottom. He predicted that what the legislatures gave, the courts would take back.

Fast forward to about 2013 and the inception of another race to the bottom, this time with academic credentials of admitted students. As my professor could have predicted, the state bars are digging in. Even doing nothing — leaving the exam and passing score static — is a rational option. The end result is was Indiana Tech.

That brings me to Trump. If you'd asked me last month about the 75% bar-passage requirement to be voted on February 2017 by the ABA's House of Delegates (is that presTTTigious or what?), I'd have speculated a watered-down version would be enacted. Given the overwrought reaction to Trump's election — recounts pending as I type this — I now think no effin' way. Diversity, you know?

Seriously, no sooner had the votes been counted then TTTexas legislators began pushing for yet another school! If I may quote, "[E]verybody has a law school." Does that sound like someone who's worried about the school ultimately being accredited?

Oh, and don't look for debt relief, either. Ever.

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjustedOctober20151,125,400
August20161,128,000
September20161,121,800
October20161,127,5002,100
Seasonally adjustedOctober20151,123,800
August20161,125,100
September20161,125,400
October20161,125,3001,500
Change from Sep-16 to
Oct-16
-100

Friday, November 6, 2015

OcTTTober 2015

Followers of the legal "profession" will be delighted to learn that hiring grew in October, as hundreds of newly-barred Florida Coastal graduates launched their career in sports and entertainment law. The United States's "rule of law" threatened by lawyer underproduction, law schools rushed into the fray and saved the day! Again! Hooray!

I cribbed the first sentence from my October 2011 post when I looked back at prior years. The legal industry has grown about 10K jobs since then; I guarantee real wages have decreased.

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjustedOctober20141,118,800
August20151,124,300
September20151,119,100
October20151,127,4008,600
Seasonally adjustedOctober20141,117,300
August20151,121,300
September20151,125,100
October20151,125,8008,500
Change from Sep-15 to
Oct-15
700

Friday, November 7, 2014

OcTTTober 2014

Hey, boys and girls, did you know that if you can fog a mirror then you're a shoo-in at one of many fine insTTTiTTTuTTTions that can get you started in this thriving industry?

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjustedOctober20131,138,000
August20141,140,500
September20141,128,000
October20141,136,000-2,000
Seasonally adjustedOctober20131,137,100
August20141,138,400
September20141,134,400
October20141,134,700-2,400
Change from Sep-14 to
Oct-14
300

Monday, November 25, 2013

OcTTTober 2013

Headcount dropped around 1,000 in October and is on pace to finish a hair above the previous year, if that. One individual who will not be working as a lawyer is Christopher Knorps. At least not in NY. Thanks for calling this a-hole out, Nando. Either he or someone else with lots of time on his or her hands is the reason I now moderate comments.

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjustedOctober20121,125,900
August20131,130,000
September20131,124,000
October20131,130,2004,300
Seasonally adjustedOctober20121,125,100
August20131,128,900
September20131,130,100
October20131,129,2004,100
Change from Sep-13 to
Oct-13
-900

Saturday, November 17, 2012

OcTTTober 2012

I was rocked like by a hurricane, thus the post's tardiness.

There was a modest increase over September 2012, but given the gummint's penchant for revising initial numbers by thousands, it might was well be random. Year-over-year netted 6,600 positions but consider this: the legal profession industry boasted 1,115,900 jobs in October 2010, giving an anemic two-year growth of 5,700 jobs.

If you want to bet $200K on strong, sustained growth in the legal market, be my guest.

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjustedOctober20111,115,800
August20121,120,300
September20121,114,500
October20121,121,9006,100
Seasonally adjustedOctober20111,115,000
August20121,119,700
September20121,121,000
October20121,121,6006,600
Change from Sep-12 to
Oct-12
600