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Sound Familiar?

September 24, 2007, 12:44 pm

The job market for lawyers in the United States may be heading the way of the academic job market in the humanities, The Wall Street Journal reports (subscription may be required).

Except for graduates of elite law schools, …

the majority of law-school graduates are suffering from a supply-and-demand imbalance that’s suppressing pay and job growth. The result: Graduates who don’t score at the top of their class are struggling to find well-paying jobs to make payments on law-school debts that can exceed $100,000. Some are taking temporary contract work, reviewing documents for as little as $20 an hour, without benefits. And many are blaming their law schools for failing to warn them about the dark side of the job market.

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