Law School Podcaster

Law School Podcaster

Thursday, March 4, 2010

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.

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Monday, March 1, 2010

In the End, Just a Few Small Changes to Law Firm Recruiting Guidelines


In a recent post, we noted that "change does not come easily to the citizens of Law Firm Land." So no surprise that the board of the National Association of Law Placement (NALP) has, for now, made just two small changes to the law firm summer associate recruiting guidelines: The deadline for students to accept offers will drop from 45 days to 28 days, and the deadline for students who have completed a summer program to accept job offers will move from Nov. 15 to Nov. 1.

The National Law Journal (NLJ) reports that NALP board has backed off the recent NALP recommendation to delay the summer associate offer process by four months -- a proposal that would have initiated a January offer kickoff date for law firm summer associate offers.

Law firm recruiters and law school administrators "largely welcomed" the outcome, reports the NLJ. The NALP proposal to delay law firm summer associate offers to January, met with a chilly reception from many law firms and those involved in law firm hiring.

NALP Executive Director Jim Leipold said that the organization received 800 responses to the proposal since it was unveiled in early January, but there was "no easy consensus or even a trend around one particular idea." Leipold explained that "Law firms and law schools are both conservative and risk-averse institutions. The scope of change was very large and it doesn't surprise me that there was resistance."

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.

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Friday, January 8, 2010

Summer Associate Offers In January? NALP Report Recommends Changes in Recruiting At Law Schools

Ever wonder about the "logic" behind incoming 2L law students leaving their summer vacations in mid-August, heading back to campus, wearing their nicest business suits, to join the frenzied fray that is known as "on-campus interviewing (OCI)?"

Whether you look at it from the point of view of the students pressured to participate and decide early before fully considering the full range of employment options, the law firms trying to assess and anticipate future hiring needs two years in advance or the law schools pressured to schedule OCI just as the semester is starting, there's considerable dissatisfaction with the timing guidelines for law firm recruiting. Ashby Jones, Lead Writer for the Wall Street Journal Law Blog, observed in a recent Law School Podcaster show "the thing about law school and hiring is that it all happens in advance to a degree that a lot of people find sort of absurd."

These concerns, made worse by the economy, may finally lead to changes in the recruiting timeline. NALP's (National Association for Law Placement) Commission on Recruiting and the Legal Profession issued an initial report (PDF) this week recommending that law firms shift away from rolling offer deadlines to a framework based on specific dates ("Offer Kick-Off Days") before which offers for employment cannot be made. The ABA Journal reports that the NALP Commission recommends moving back the date for summer associate job offers until mid-January of the second year of law school (establishing an "offer kick-off day") and proposes "shortening the period of time during which offers remain open from 45 days to 14 days."

While this initial Phase I of the NALP Commission's report focused on potential changes that could be implemented as early as the 2010-2011 academic year, and thus focused mainly on timing guidelines, the NALP Commission also plans to look more closely at the topic of fundamental legal recruiting model changes. That could be pretty interesting.

While the American Lawyer reports that some law firms are worried the proposed changes will just mean they have to "wine and dine" candidates for a longer period of time, the NALP Commission suggests that a January Kick-Off Day might open up the possibility for employers "to experiment with more in-depth interviewing and assessment techniques" and "allow law firms to make decisions after receiving year-end financial data."

Jim Leipold, is the Executive Director at NALP, and was a recent guest on our Law School Podcaster segment, The Current Economic Envcironment: What It Means for Law School Applicants and Students. He gave us a bit of a preview of what we're hearing now and some insight into why the economy might be driving some of the possible changes in law firm recruiting. "Things were beginning to happen before the recession for a number of reasons but the recession accelerated most of those changes and I think will support those changes. I think, over time, we’ll see more firms drift toward recruiting later so, rather than the focus being on students as they return to school in the beginning of their second year, recruiting will probably begin to happen later in the second year, whether that’s late Fall or early Spring, and there too, different firms may choose to recruit at different times. So students are just going to have to be prepared for a much broader range of practices and understanding for each firm that they’re interested in what course that firm is choosing.”

To hear more on this topic, tune in to the full show, "The Current Economic Environment: What It Means for Law School Applicants and Students."

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