A New York Law Journal article talks about the bleak future of 2012 New York State law school graduates. According to the article, only six in ten of the 4,967 graduates (coming for 15 New York law schools) landed full-time, permanent employment.
As dismal as this number may seem (59.8%), it is actually higher than the national rate of 56.2%, and an improvement over the previous year’s rate of 57.2%.
Here are some highlights from the NY Law Journal article:
• Only six U.S. schools placed more than 90% of their last graduating class in full-time positions.
• Of these six schools, two were in New York: Columbia Law School at 93.4% and NYU School of Law at 91.1%.
• Cornell Law School missed the 90% mark at 85.8%.
• Some schools experienced significant jumps from the previous year, including the City University of New York School of Law (a 17.7 point increase to 54.6%), Pace Law School (a 12.3 point increase to 48%), and Hofstra’s Maurice A. Deane School of Law (a 10.5 point increase to 51.2%).
• 11% of 2012 law school grads (nationwide) were unemployed in February (a 1% increase over the previous year).
• Since 2010, the U.S. law school application rate has decreased 35%. In 2010 there were 87,000 applicants. This coming year there is an expected 57,000 applicants.