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: Legal Ethics ForumIs there a law school bubble, revisted. (and is it now popping?)
Paul Caron reports on the NALP data showing that hiring is way down -- although the numbers vary some by region and area of practice. When the firms were flush, summer hiring was often seen as a tentative permanent hire 2-3 years in advance, which was a crazy way to do business. My guess is that firms are hiring much closer to "just in time" now, which means we're seeing a huge accumulation of law students without clear plans for the future.
Yet, we're hearing that law school applications are up and we know that new law schools continue to open. We've all been wondering if there is a law school bubble and, if so, whether it will pop or deflate.
Full post as published by Legal Ethics Forum on March 04, 2010 (boomark / email).
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