Apparently even the legal profession is taking a hit in this poor economy. For the first time in over 10 years, this year's law graduates will face fewer job opportunities, which certainly isn't good news for the many law students who will also have tens of thousands of dollars in loans to pay back.
According to CNNMoney.com, "The legal industry lost 1,100 jobs in October, the eighth consecutive month of decline, according to the Labor Department's most recent data. Which means the 150,031 students who were in enrolled in law school last year face a job market that is contracting for the first time in recent history."
See the complete article at Verdict is in: Legal job market tightens.
Are you a 3L? Do you have a job lined up?