According to hiring data from the NALP (National Association for Law Placement), things have improved for law school graduates. Karen Sloan shares the following highlights from the report in a National Law Journal article last week:
• 95% of law students who worked as summer associates this past summer (2015) received full-time offers from the firm post-graduation. This is the highest it’s been in more than a decade.
• This is a slight increase from 2014 when 93% of summer associates were extended job offers, and a huge increase from 2009 when only 69% were offered jobs following their summer positions.
• On average, law firms hosted 13 summer associates in 2015, the same as they did pre-recession in 2008. In 2010 that number was just 8.
• 59% of law firms reported extending more summer associate offers in 2015 than in 2014, compared to 30% who reported making fewer offers.
• On-campus recruiting increased in 2015, with almost a third of law firms reporting that they recruited at more law school campuses this year than last; 43% says they made no changes from last year; and a quarter said they visited fewer law campuses this year than in the previous year.
According to NALP executive director James Leipold, “with first-year law school enrollment having fallen by more than 15,000 nationwide over the past five years, law firms are seeing more competition for the top candidates simply because schools are producing fewer graduates.”