NinerFan wrote:If you trust what the law schools say, a 2/3 figure is consistent to what the schools are reporting. Virginia's data is deceiving because they lump together classes 08-10, which I'm sure we can agree is going to be off. Props to Michigan for being much more discerning in breaking down where people end up in terms of # of attorneys per office, which is a good way to generalize whether they're at a "good" law firm or not. Penn is hard to tell as well because they don't offer anything more specific than "law firm"
Putting aside the questionable supposition, what do these numbers actually show for c/o 2010?
180 students from Michigan end up at firms of 100 or more attorneys. That's a bit of a stretch for "biglaw" but we'll suppose that most of them pay market and the ones that don't offset by a few boutiques that are small but do pay market. It also, tacitly, assumes that all of them are there in associate positions. I actually would not assume that this is the case. Even if all those clerkships are Art. III, that means that 60% of the class of 2010 ended up at midlaw, biglaw and clerkships - using very generous definitions for the above. Wait until you start seeing data for c/o 2011.
Not that it's on point, but if you add up all the different categories for c/o 2010, you'll notice that 37 people, ten percent of the class, are not in any category. That is to say, that even 9 months after graduation, ten percent of the class is not employed.