2017 law grads have best job outcomes since recession
Monday, September 3, 2018
Law school graduates in the class of 2017 enjoyed the best employment outcome since the recession, a new report finds.
The National Association of Law Placement study found an employment rate of 88.6 percent for the class. That is up 87.5 percent from 2016. Even more encouraging, the rate of jobs requiring bar passage was 71.8 percent, up more than 4 percentage points from the previous year.
Additionally, the median starting salary was $70,000 in 2017, up 7.7 percent over the prior year. It was the sixth straight year the median salary rose after bottoming out at $60,000 in 2011; $70,000 was the highest median salary since $72,000 in 2009..
The rate of JD advantage jobs for 2017 graduates was 12.3 percent, down from 14.8 percent the prior year. The law firm starting median was $117,000, up 12.5 percent from prior year and up more than $30,000 since bottoming out at $85,000 in 2011.
The total number of graduates who found jobs was down by more than 1,200 for the year, but the employment rate rose because the number of graduates was down by over 2,200.