Report: Law School Class of 2019 Recorded Best Employment Rate since the Great Recession

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New employment report from the National Association for Law Placement says law school graduates in 2019 had some of the best times while nodding to fears that 2020 graduates are going through the worst of times .

Posted on Wednesday, the report, “Job for the class of 2019 – Selected findings”, found that the Class of 2019 had the highest employment rate in the 12 years since the start of the Great Recession. Overall employment reached 90.3% for law school graduates last year with known employment status. This compares to 89.4% for the Class of 2018 and marks the highest employment rate on record since the rate of 91.9% was posted by the Class of 2007.

“The good news is that the employment and salary results for Class of 2019 members are among the strongest ever measured and set several new records,” said James G. Leipold, Executive Director of NALP . The bad news is that they are probably not predictive of job outcomes for the next few grades as the recession and other changes brought on by the COVID-19 pandemic are likely to provide a much larger job market. difficult for a few years. to come.”

The percentage of graduates occupying jobs for which the passage to the bar is required or planned rose to 76.2% in 2019, compared to 72.8% in 2018. Also nationally, 74.3% of graduates whose employment status is known to have long-term full-time employment. compulsory work.

In Indiana, 2019 graduates from Indiana University Maurer School of Law and Notre Dame Law School topped the national rate, according to data from the American Bar Association. Of last year’s graduates, 77.3% from Bloomington School and 86.0% from South Bend Institution got full-time, long-term jobs required by the bar move.

At Indiana University’s Robert H. McKinney Law School, 60.7% of the 2019 class have secured long-term full-time positions required for admission to the bar.

The ABA did not release any employment statistics for the Valparaiso Law School, which closed in June.

Other highlights of the NALP report include:

• More than half (55.2%) of employed graduates got a job in private practice, a slight increase of 0.4 percentage point from the previous year and the percentage came closest to the 55.9% figure for 2009 since then.

• 30.2% of law firm jobs were in firms with more than 500 lawyers.

• The national median salary for the class of 2019 based on these reported salaries was $ 72,500, up 3.6% from the class of 2018, and ultimately broke the previous record of $ 72,000 for the 2008 and 2009 classes.

• The national median law firm salary for Class of 2019 graduates was $ 125,000, up 4.2% from the previous year. Additionally, 35% of all law firm salaries were reported at $ 190,000.

The Selected Findings Report is a summary of the main findings of the annual “Jobs and JD: Employment and Salaries of New Law Graduates” to be released in October.


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