Dean discusses legal market, shares some good news
Dean Robert Jerry addressed concerns about the difficult placement market with 2L and 3L students on Wednesday, Sept. 29.
After outlining the general state of the U.S. economy to “put things in perspective,” Jerry shared a little bit of good news: There were recently 1,000 new jobs in legal markets. While this is a very small uptake, the legal economy and national economy have always closely tracked each other in history, he said.
Jerry expects that the legal market won’t be totally back until 2013. Many things have shaken up the legal world, and he anticipates some of the changes will stick around. As clients are scrambling to make ends meet, they are demanding that firms change billing practices to fit their budget. Dual associate tracts will likely to become a permanent part of the landscape, making it harder than ever to achieve partner status.
He advised students to think about their career rather than their job. Sometimes it is smart to take a job that will help you in the long run, such as a state attorney position in a less desirable, more rural area, because you will gain experience that will help you later, he said.
“It is a difficult market, but not an impossible market,” he concluded.