Abstract

http://ssrn.com/abstract=2577272
 


 



What Happened to the Class of 2010? Empirical Evidence of Structural Change in the Legal Profession


Deborah Jones Merritt


Ohio State University (OSU) - Michael E. Moritz College of Law

January 30, 2016

Michigan State Law Review, p. 1043, 2015
Ohio State Public Law Working Paper No. 290
HLS Center on the Legal Profession Research Paper No. 2015-3

Abstract:     
Poor employment outcomes have plagued law school graduates for several years. Legal scholars have debated whether these outcomes stem from macroeconomic cycles or from fundamental changes in the market for legal services. This Article examines that question empirically, using a database of employment outcomes for more than 1,200 lawyers who received their JDs in 2010. The analysis offers strong evidence of structural shifts in the legal market. Job outcomes have improved only marginally for the Class of 2010, those outcomes contrast sharply with results for earlier classes, and law firm jobs have dropped markedly. In addition to discussing these results, the Article examines correlations between job outcomes and gender, law school prestige, and geography. In a concluding section, it offers four predictions about the future of the legal market and the economics of legal education.

Number of Pages in PDF File: 82

Keywords: Legal Education, Legal Profession, Structural Change, Employment, Gender, Empirical

JEL Classification: K00


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Date posted: March 13, 2015 ; Last revised: April 7, 2016

Suggested Citation

Merritt, Deborah Jones, What Happened to the Class of 2010? Empirical Evidence of Structural Change in the Legal Profession (January 30, 2016). Michigan State Law Review, p. 1043, 2015; Ohio State Public Law Working Paper No. 290; HLS Center on the Legal Profession Research Paper No. 2015-3. Available at SSRN: http://ssrn.com/abstract=2577272 or http://dx.doi.org/10.2139/ssrn.2577272

Contact Information

Deborah Jones Merritt (Contact Author)
Ohio State University (OSU) - Michael E. Moritz College of Law ( email )
55 West 12th Avenue
Columbus, OH 43210
United States
614-247-7933 (Phone)
614-292-4868 (Fax)
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