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Private Practice Losing Allure For Law Grads

August 18, 2016

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Law school graduates joining private practice after earning their degrees is at the lowest point in two decades, according to the National Association for Law Placement’s 2015 employment survey. Of the 40,000 lawyers who graduated last year, 17,168 got private-practice jobs. Another 9,829 got jobs clerking for judges, or in academia, government, or the public-interest sector. Another 5,769 got business jobs. “I was surprised to see that the private practice number was so low,” NALP’s executive director James Leipold wrote in the report. “You have to go back to 1996 to find a comparably small number.” The employment rate – 86.7 percent – was unchanged from the year before, reflecting a steep drop in overall law school enrollment. The number of jobs at large law firms is actually on the rise.

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