NALP finds recent law grads’ starting salaries down

July 13, 2012
Back to TopCommentsE-mailPrintBookmark and Share

As if new law school graduates don’t have enough negative news coming at them, NALP – The Association for Legal Career Professionals – just released findings on the starting salaries of the classes of 2009-2011. Here’s more bad news: the salaries have been decreasing.

According to the NALP Employment Report and Salary Survey for the class of 2011, those graduates are making anywhere from 15 to 35 percent less than their counterparts from 2009, depending on what figure you look at.

The average firm salary has dropped 15 percent from $115,524 to $97,827 over the last three years. The median firm salary drop is more startling – from $130,000 for 2009 grads to $85,000 for the 2011 class.

The national average salary has decreased from nearly $93,500 for 2009 grads to a little more than $78,600 for 2011 grads. The median salary went from $72,000 to $60,000.

"This drop in starting salaries, while expected, is surprising in its scope," according to NALP's Executive Director James Leipold. "Nearly all of the drop can be attributed to the continued erosion of private practice opportunities at the largest law firms."

Leipold explained that the drop in salaries isn’t because legal employers are paying new graduates less than in the past. It may be the case in some instances, but NALP believes the decrease is due to graduates finding fewer jobs with the highest-paying large law firms. More graduates have found jobs with lower-paying small law firms.

Nearly 60 percent of law firm jobs taken by 2011 grads were in firms of 50 or fewer. Back in 2009, only 46 percent of graduates took jobs in small-sized firms.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in Indiana Lawyer editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
  1. I just wanted to point out that Congressman Jim Sensenbrenner, Senator Feinstein, former Senate majority leader Bill Frist, and former attorney general John Ashcroft are responsible for this rubbish. We need to keep a eye on these corrupt, arrogant, and incompetent fools.

  2. Well I guess our politicians have decided to give these idiot federal prosecutors unlimited power. Now if I guy bounces a fifty-dollar check, the U.S. attorney can intentionally wait for twenty-five years or so and have the check swabbed for DNA and file charges. These power hungry federal prosecutors now have unlimited power to mess with people. we can thank Wisconsin's Jim Sensenbrenner and Diane Feinstein, John Achcroft and Bill Frist for this one. Way to go, idiots.

  3. I wonder if the USSR had electronic voting machines that changed the ballot after it was cast? Oh well, at least we have a free media serving as vicious watchdog and exposing all of the rot in the system! (Insert rimshot)

  4. Jose, you are assuming those in power do not wish to be totalitarian. My experience has convinced me otherwise. Constitutionalists are nearly as rare as hens teeth among the powerbrokers "managing" us for The Glorious State. Oh, and your point is dead on, el correcta mundo. Keep the Founders’ (1791 & 1851) vision alive, my friend, even if most all others, and especially the ruling junta, chase only power and money (i.e. mammon)

  5. Hypocrisy in high places, absolute immunity handed out like Halloween treats (it is the stuff of which tyranny is made) and the belief that government agents are above the constitutions and cannot be held responsible for mere citizen is killing, perhaps has killed, The Republic. And yet those same power drunk statists just reel on down the hallway toward bureaucratic fascism.

ADVERTISEMENT