Monday, September 5, 2016

Some more job market stats from the first FAR

As noted previously, this was the smallest FAR--382 applicants--in decades.   Two other striking data points:  more than 100 of those 382 applicants have a PhD; and only three are former Supreme Court clerks (two of those three are our candidates!).   How might those data points be connected?  Here's an hypothesis:  the now astronomical big firm signing bonuses for SCOTUS clerks--$300,000 in some cases--are keeping them in practice in greater numbers; by contrast, JD/PhDs are training for academia, and so are making up a bigger and bigger share of the candidates.

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