subject: Lawyers Need Affection Too! Part One [print this page] According to an August 2009 Gallup Survey, a mere twenty five percent of Americans had good things to say about lawyers. Just three industries - the automobile industry, real estate, and oil and gas received more negative feedback. Even as we are in a recession sparked by Wall Street greed, bankers scored better than attorneys in this survey!
Economically, attorneys have suffered from a serious blow just like the rest of us civilians. Experts claim that law firms saw their "lawyer sales" drop by twenty one percent in the year of 2009. That places those who work in the legal field in the second worst industry of the year, falling only behind the wood product manufacturing industry's twenty six percent sales decline.
According to the Bureau of Labor Statistics, since the recession started two years ago, the legal field lost 55,900 jobs. In the year of 2009 alone, 12,196 lawyers were terminated by the largest law firms in the country. Actually, the ten largest law firms in America accounted for about sixteen percent of the total layoffs.
Yet, with all of this bad news, one might be led to think that prospective lawyers may be more hesitant to go grab a J.D. Unfortunately just, the opposite is true. According to the Law School Admissions Council, applications to law schools rose by five percent for the next year's incoming class. In the month of September, more than 60,000 students took the LSAT. The June and September tests showed an increase of almost twenty percent in the number of those test takers. This is the largest percentage increase in about eight years.
Incoming law students may imagine a six figure salary and a definite job that will abolish all of the student loan debtbut they shouldn't hold their breath. Even students coming from the most renown law schools armed with the prestige of law journal experience and good grades claim they are experiencing a tougher time finding jobs. In fact, according to a recent LexisNexis survey twenty one percent of law students that took the polls wished that they had not gone to law school.
by: Mallory Megan
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