The Latest Numbers on Recruiting Law Students
It's hardly news, at this point -- we know that law school grads face layoffs, deferrals and increased competition for fewer jobs. Yet somehow the numbers from the fall 2009 recruiting season seem worth noting. As reported in the ABA Journal, the National Association of Law Placement's (NALP) annual Perspectives on Fall Recruiting (PDF) was released Tuesday and, not surprisingly, recruiting volume by U.S. legal employers on law school campuses "nose-dived." Some key stats to note:
• Summer associates: the median number of offers dropped to seven for 2010 hiring. The median number of offers for students recruited in 2008 was 10, dropping from 15 in 2007, NALP reports.
• At large firms with more than 700 lawyers, offers extended to 2Ls dropped to eight in 2009, down from 18.5 in 2008 and 30 in 2007. And while larger firms of more than 500 lawyers were the most likely to cut back on-campus recruiting efforts, smaller firms with 100 lawyers or fewer were more likely to have kept to their regular on-campus recruiting schedule.
• Acceptance rates were 42.8 percent, the highest ever recorded -- evidence that law students quickly snapped up offers of employment.
• Almost two-thirds of offices reported that their summer program was at least one week shorter than in 2008. Among firms of 251-500 lawyers and 701 or more lawyers, over 70% did so.
• Deferrals were also way up, with 85 percent of law schools reporting that at least one 2009 graduate faced an offer delay well into 2010. NALP estimates that at least 3,200 and as many as 3,700 graduating law students faced deferrals.
• Third-year hiring all but dried up, with just a handful of offices reporting any activity at all, and with those that did typically making 1 or 2 offers. In total, only about 3% of employers reported recruiting any 3L students.
NALP Executive Director, James Leipold, said in a statement about the report, "this represents an enormous interruption in the usual recruiting and employment patterns that we have come to expect.” Leipold noted "the largest impact was the deferral phenomenon" for the Class of 2009.
While many deferred associates have now started to work, deferrals are still present and, NALP expects those who don't have solid start dates at this point will be deferred.
There is, of course, "tremendous variation in legal hiring -- both by region and by individual employer" but these numbers tell a story and NALP doesn't expect big improvement in this picture for the short term. The ABA Journal reports that "NALP expects law school recruiting to continue hobbling along until at least the class of 2012 graduates, "though the worst does now seem, we hope, to be behind us."
NALP's Jim Leipold was a guest on Law School Podcaster's segment, "The Current Economic Environment: What It Means for Law School Applicants & Students." Tune into the full show to hear more on this topic.
Labels: law firm recruiting, legal employment, reruiting, summer associate




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