Study results no surprise

February 25, 2009
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The National Association for Law Placement has issued a report that confirms what most law students already know: student recruiting slowed last year as a result of the economy.

I won’t go over all the details of the report here; you can read it for yourself. The report is categorized based on firm size and region, and includes numbers on Indiana. It also discusses job fairs.

The report says the offer rate for entry-level associate positions fell by nearly 3 full percentage points and the acceptance rate for the offers jumped by nearly 3 full percentage points. It appears acceptance rates increased across the board among the different years of law school.

In the summary at the beginning of the report, it states that it appears law firms are hiring cautiously and prepared to “further constrict the pipeline of new associates” if the economy doesn’t pick up or gets worse.

Ouch. Does this report confirm what you already know, or are you surprised by any of the findings? How much longer do you think this current situation will last?
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