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Worse Off: Class of 2009, Class of 2010, or Class of 2011?

The Atlantic asks the question, ‘Which Law School Grads Have It the Worst?’ and comes up with the answer – current 2Ls, the class of 2011.  Read the whole post for more insights…

Which Law School Grads Have It the Worst?

How bad is the job market for graduates of top law schools? Worst in 50 years, reports the New York Times. Job fairs at top schools like Yale and Harvard are getting stood up by cash-strapped firms. The story at top East Coast law names is a slew of slashed hirings, delayed starts, and canceled recruiting. The twilight of the recession still means dark days for even the nation’s most illustrious firms and it all boils down to thousands of law school grads getting crushed with nowhere to start chipping away at six-figure debt. But what really surprised me about this article was who has it the worst…

It’s not the 2009 grads, or even the 2010 grads — it’s the current second-years, says the author. Here’s the reasoning:

The timing is worst for the class of 2011, the second-years now looking to get into firms, because of a unique logjam created last year. After the September financial crisis, firms chose to defer their new hires at the price of steeply cutting recruiting this year.


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