NALP released a report on 2008 fall recruiting yesterday and it contains all kinds of depressing statistics, many of them in the form of depressing charts. The gist of the report probably won’t surprise anybody (law student recruiting = worse than usual), but it’s always nice to have the numbers.
I know how annoying it is to click on things and read articles, so here are the highlights from the National Law Journal’s synopsis:
“About 90% of 2008 summer associates were offered full-time positions, compared to about 93% in 2007.”
And some bad news for 3Ls looking for jobs:
“Only 25% of firms said they recruited 3Ls not previously employed by them, compared to about 66% in recent years.”
And back to 2Ls:
“The median number of offers to 2Ls for summer associate positions at firms of all sizes fell from 15 in the fall of 2007 to 10 in the fall of 2008. The decline was even steeper at firms with 700 or more attorneys, where the median number of summer associate offers fell from 30 in 2007 to 18.5 in 2008.”
Finally, something for everybody:
“Close to half of law schools — 46% — reported a decrease of 5% or more in firm participation in recruiting activities.”
It’s not as bad being the bearer of bad news when everybody already knows the bad news you’re bearing.