A recent
article in The New York Times caught our attention. Steven Davidoff Solomon, a
professor of law at University of California, Berkeley,
discusses the diminishing enrollments at American law schools. We were struck
by some of the numbers he cited from recent surveys:
52,488 Law
school enrollment in 2010, the year it peaked
37,924 Law
school enrollment in 2014
27.7 Percentage
decrease over the past four years
2.9 Percentage
by which law school applications are down this year compared to the prior year
93.2 Percentage of
2013 Georgetown Law School
graduates who are employed
$160,000 Median starting
salary of those graduates who are employed in the private sector
86.4 Percent of
all 2013 law school graduates who were still in school or had a job
91.9 Percent of
all 2010 law school graduates who were still in school or had a job a year
after graduation
So, what do these numbers mean and, more
importantly, what do they mean for you? Unfortunately, and as the
article points out, the predictions are conflicting and the overall numbers
don’t necessarily portray what is happening in a particular market, type of
practice or other demographic.
The author tries to sum it up as follows:
“Still, it is hard to see lawyers going
away in the United States
economy. Whether or not you like it, their importance is greater now in terms
of filling needs for compliance and regulation. . . . Twenty years from now,
whether the economy is up or down, there will still be lawyers, and plenty of them.”
You can read the full piece at
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