The National Association for Law Placement (NALP) shares some new promising figures, as reported by New York Lawyer. The “historic low” of 69% in offer rates to summer associates in 2009 increased to 87% in 2010. While this rise of 18% does bring hope, the “legal industry is still recovering.”
Law grads were able to be choosier this year, and permanent job offer acceptance rates dropped a bit. 2Ls also had more summer position opportunities than in the previous year. Yet overall, the size of 2010 summer programs “remained smaller than usual.”
Nevertheless, “on a bright note, most law firm offices that did not host a summer program last year are poised to add them in 2011, according to NALP’s survey.” And recruitment on campuses seemed to increase this fall, with law schools reporting a rise in the number of visiting employers, and many employers either maintaining or increasing the number of schools they visited.
3L hiring did not pick up much in 2010, however: “Only 15% of law firm offices reported interviewing 3Ls, and only 40% of those that did ultimately made job offers.”
While legal hiring now seems to be on the upward track, the progress is still slow and will likely take years, if ever, to fully recover.
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Read the full article: Legal Hiring: On the Road to Recovery?
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