07/09/2012 04:22:00 PM EST
ABA Journal Study: Only 55 Percent Of 2011 Law Graduates Have Full-Time Jobs
Get ready gang. I'm starting to expand the coverage of this humble blog beyond just IPO alternatives, the economy and the smallcap markets. We will be talking more about things like Wall Street in general, the legal industry, entrepreneurship (the subject of my next book which I'm writing) and other things of interest to both my historical readership and hopefully newbies as well. Will I change the name of it? Don't know and probably not. We'll see. And let me know if it's stuff you like or if you might like to see my musings on other things.
So I start this expansion with a piece I saw in the ABA Journal . Shockingly, only 55% of 2011 law school graduates have full time lawyer jobs. That's a year after graduation! The rest are not unemployed, but may be working part-time or doing something non-legal. Given the enormous cost of law school, and the tremendous debt most students take on, this is really something to give people pause.
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For additional insights on reverse mergers, SPACs, other alternatives to traditional initial public offerings, the small and microcap markets and the economy, visit the Reverse Merger and SPAC Blog by David N. Feldman, Esq., Partner of Richardson & Patel LLP.
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