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Author Topic: Class of 2012 Job Prospects and the Economy  (Read 2208 times)

Hopeless

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Class of 2012 Job Prospects and the Economy
« on: April 04, 2009, 04:32:00 AM »
Better or worse?  Any thoughts?

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Re: Class of 2012 Job Prospects and the Economy
« Reply #1 on: April 04, 2009, 09:16:01 AM »
They're hopeless, Hopeless.  ;)

Realistically, job prospects for 2012 are impossible to know right now... if the downward economic trend continues, prospects will not be as good as if the economy improves.  Ultimately, there will always be at least some demand for attorneys... however the demand isn't guaranteed to be in an area that will pay 6 figures on the New York skyline.

Debt is always a gamble... six-figure debt in this economy is an all-in gamble.
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bl825

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Re: Class of 2012 Job Prospects and the Economy
« Reply #2 on: April 04, 2009, 09:33:27 AM »
Better than what?  Prospects for 2011s?  2010s?  2009s?

I would hope that things have picked up by 2012.  Even if they haven't, I think the legal industry will already have accomplished a lot of the painful adjustment (the pain having been absorbed by the above three classes in the form of deferred start dates, lower summer offer rates, and lower numbers of students recruited to summer programs), so that in and of itself might make things a little better.
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Re: Class of 2012 Job Prospects and the Economy
« Reply #3 on: April 04, 2009, 11:15:16 AM »
Not very good.  Firms will probably scale back to 120k or 100k; there will be a massive glut/backlog of 7th circuit clerks and other prestigious lawyers who were recently laid off; and firms will have stopped recruiting at any lower-ranked school.