Initial Unemployment Claims For 2011
We can now tack on another week.
Please consider the Department of Labor Weekly Claims Report.
Posted on 07/08/2011 8:24:01 AM PDT by Kaslin
An NALP study finds Law School Class of 2010 Starting Pay Fell 20% as Jobs Eroded
Starting salaries for last year’s U.S. law school graduates plummeted 20 percent as private practice jobs eroded, according to a report by the National Association for Law Placement.Law School Graduate Scorecard
The national median starting salary at law firms dropped to $104,000 from $130,000 in 2009, reflecting a shift in the distribution of jobs and salary adjustments at some firms, the NALP said today. The report cited information submitted by 192 laws schools and covering 93 percent of 2010 graduates.
Aggregate starting salaries fell because graduates found fewer jobs with high-paying large law firms and many more jobs with the smallest firms at lower salaries, Leipold said. More than half of the jobs taken by 2010 graduates were in firms with 50 or fewer attorneys. Jobs at firms with more than 250 attorneys fell to 26 percent from 33 percent in 2009.
The employment rate for 2010 law school graduates was 87.6 percent, down from a high of 91.9 percent for the 2007 class, the NALP said. Part-time jobs accounted for 11 percent and almost 27 percent were reported as temporary jobs, according to the survey.
Hello Mish
Actually, it's far more grim than it looks.
How many new lawyers took a job at their dad's or mom's small practice? That is very common. How many hang out a shingle and/or start a small law firm with friends or classmates?
From what I've seen, the vast majority who start a practice, close their doors and find a new career in a year or two.
For the rest of us out in the workforce, unemployment remains at recession levels.
The number of initial unemployment claims remains elevated. Here is the table I posted last week.
Initial Unemployment Claims For 2011
We can now tack on another week.
Please consider the Department of Labor Weekly Claims Report.
In the week ending July 2, the advance figure for seasonally adjusted initial claims was 418,000, a decrease of 14,000 from the previous week's revised figure of 432,000. The 4-week moving average was 424,750, a decrease of 3,000 from the previous week's revised average of 427,750.
Note that last week was revised from 428,000 to 432,000 accounting for 4,000 of today's reported 14,000 drop.
The main reason you need a lawyer is - - - - -
Prosecutors frequently over-charge to the point of persecution to elicit a plea-bargain that counts as a "Win" in their statistics.
Too many firms/lawyers are out drumming up cases for specious claims that the corporations and their insurance brokers settle before any trial to save costs.
Too many have bought into the idea that suing the "deep pocket" defendant costs us nothing.
We might 'need' one - but we don't have to like it!
My heart bleeds...
He was brilliant, non-conformist and anti-social. The diplomas and all the 12-18 month member certificates on his walls substantiated that. He particularly railed about all the crooked real estate agents and attorneys in the county. Said he could count on one hand the ones who were honest amongst both professions.
Lol, I'll probably never purchase a house now or will have to sign some temporary instanity pledge, should I ever need his services again.
Thanks - you illustrated my points (#61) very well.
Again - if you can’t resolve a dispute with someone who stole from you, what do you do?
Tell me. Shoot the guy? Beat him up? I want to hear the brilliant plan you have.
St. Peter looks shocked when he sees the man, exclaiming "Wow! You look fantastic for a 125 year old man!"
The lawyer responds, "I'm only 40. Where did you get the idea that I was 125?
St. Peter: "I used copies of your billing records to estimate your age."
The feds can be very efficent at times, in contrast to the bumbling idiots they appear to be. Everything that possibly can be outsourced appears to be leaving shores.
Maybe we can outsource politicians next
I had paid an out-of-state lawyer to go to bat for me on behalf of my grandchildren, 5k. 1500 miles from where we live.
He took his fixed fee and kissed up to the judge. My mistake was to hire an attorney who regularly practiced in that county. The judge gave credibility to an granduncle of the children and we had a recording where that uncle had said on a phone call that he didn’t give a damn about court procedure and our attorney wouldn’t use that. We lost. The grandkids had to endure two more years of hell in that state until a miracle came along that closed the case.
The lawyer was a thief. In the end his actions did nothing to get my son his custody back.
Family court is a rigged game for the woman and it does not matter who you hire or at what cost.
Let me ask you. What do you think is a fair fee? I ask that considering people have overhead, insurance, staff, etc.
Free? Lawyers can’t guarantee results in the court system since that is an impossible situation. So tell me what your ideal situation would have been?
Let me guess - not pay anything and get everything you want. right?
A lot of companies are very wary about hiring lawyers for non-legal positions.
Good news for once. Its a start. Lawyers need to get down to minimum wage.
Are there too many lawyers? Or are they overpaid?
You don’t get both in a free market.
Yeah, except that the need for one is usually due to some PC bull**** in the first place.
Thread Winner!
The wonders of the selective quote never fail to amaze some, I agree.
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