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Pre-law Advising 2015
- 1. #SmarterPreLaw By Erin M. Burke, JD FCRH Pre-Law Advising Music credit: longzijun. Terms of use: https://longzijun.wordpress.com/2010/05/28/free- background-music/
- 2. I hope you haven’t been
- 3. Credit: r.nial.bradshaw. https://flic.kr/p/mR4pqS. Changes made. License: https://creativecommons.org/licenses/by/2.0/legalcode
- 4. Lately, things haven’t been great for young lawyers.
- 8. Why so?
- 12. Law firm demand for those enrollees, not so much.
- 13. 40 50 60 70 80 90 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Recent Graduate Employment Rate In Law firms and Full-time Legal work Full-time Legal Law firms Linear (Full-time Legal) Linear (Law firms)
- 15. All while
- 16. $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 Law School Tuition (Private)
- 17. So why did people keep enrolling?
- 19. And by some measures, things were in fact good.
- 20. 92% of graduates in 2007 found a job (just maybe not as a practicing lawyer).
- 21. 40 50 60 70 80 90 100 Overall Graduate Employment Rate Overall Employment Linear (Overall Employment)
- 22. And also, $ attracts
- 23. Salary distributions had gone from looking like this
- 24. 1996
- 25. To this
- 26. 2007
- 27. Terrific!
- 28. Wait, this is a trick.
- 29. Yes it is.
- 30. 2008.
- 31. Copyright © 2008-2015 GL Stock Image Standard License. http://graphicleftovers.com/graphic/Financial-crisis-headlines/
- 32. “[O]n a single day in February 2009 as the Great Recession deepened… Six major firms around the country announced the layoffs of close to 1,000 lawyers and staff members on what became known as “Bloody Thursday.” In that month alone, some 2,000 lawyers and staff members lost their jobs.”
- 33. 60 65 70 75 80 85 90 95 100 2007 2008 2009 2010 2011 2012 Recent Law Grad Employment Rates Overall FT Legal jobs
- 34. I knew pre-med was better.
- 36. Wait now, not so quick.
- 37. Although here is one bad idea to process this news
- 38. Credit: Peter, topical.pete, https://flic.kr/p/5q67Vu License: https://creativecommons.org/licenses/by- sa/2.0/legalcode
- 39. Better idea? Make this pre-law symposium count.
- 40. Ask questions and challenge speakers.
- 41. Be sure that you understand, and that you truly want, this career.
- 42. There is some good news.
- 43. Fewer students are entering law school, and the drop in employment has steadied out.
- 44. But law has and continues to change in significant ways.
- 47. By the time you are in law school, your law electives may look like this
- 49. And what was once a lawyer’s good “hunch” is now
- 51. Smart pre-law thinking starts now.
- 52. Would I choose a law school based on rank or scholarship? Should I even go at all? I heard an MBA is better. What is a litigator? What major is best? Do I need legal internship experience? What does the application ask for? Is the LSAT like the SAT? How bad is the job market now, really?
- 53. See you in the Fall.