Thursday, December 5, 2013

More on when law school graduates and jobs will be in equilibrium: 2018 or 2019 it is

A further analysis here, which incorporates the important point that 100% employment has never been the norm, even during peak employment times.  The earlier estimates had all assumed that, even though some number of law school graduates do not seek employment.  Given current trends in enrollments, and BLS and NALP data, the number of law graduates seeking employment and the number of avalable jobs will match by 2018 or, at the latest, 2019 (i.e., the classes starting in fall 2015 or, at the latest, fall 2016).

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