A Case of Supply v. Demand: Law schools are manufacturing more lawyers than America needs

 

29 October 2010 — There is an excellent piece in Slate on the issue that demand for lawyers has fallen off a cliff, both due to the short-term crisis of the recession and long-term changes to the industry, and is only starting to rebound. The lawyers that do have jobs are making less than they used to. At the same time, universities seeking revenue have tacked on law schools, minting more lawyers every year — and they aren’t needed.

It is a very thorough, even-handed article.  To read the entire article click here.

And a hat tip to the blog Shilling Me Softly which first noted the article.    The blog links to the Slate article but has scores of other links as well.  You can access the blog by clicking here.

And for our previous coverage of student debt and related issues click here.