Class of 2015 Employment Statistics by School: #TrustTheProcess Forum

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stretchedtoothin

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Re: Class of 2015 Employment Statistics by School

Post by stretchedtoothin » Wed Apr 13, 2016 3:50 pm

Nebby wrote:I mean Biglaw1990 still did us a favor. I wasn't even going to report any school below 10%. Plus, there are only a handful of non-FTLT Biglaw jobs so the numbers he provided are still highly reliable. I know I don't care enough about whether Drexel is 5% or 4% to go and check his work
agreed

mrsomebody

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Re: Class of 2015 Employment Statistics by School

Post by mrsomebody » Wed Apr 13, 2016 3:56 pm

USC's is up, but still not linked to on their required disclosures page: http://gould.usc.edu/assets/docs/career ... duates.pdf

By my count: 80 graduates FTLT big law/Fed Clerk

80/213 = 37.6%

Looking at last year, they were at 41%, so a notable downward trend.

Biglaw1990

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Post by Biglaw1990 » Wed Apr 13, 2016 4:00 pm

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Last edited by Biglaw1990 on Tue Apr 19, 2016 1:19 am, edited 1 time in total.

BigTex

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Re: Class of 2015 Employment Statistics by School

Post by BigTex » Wed Apr 13, 2016 5:36 pm


BigTex

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Re: Class of 2015 Employment Statistics by School

Post by BigTex » Wed Apr 13, 2016 5:38 pm

Texas Tech - 8%

Their 8 people placed in federal clerkships was kind of impressive.

Also winner of the weirdest presentation format...

http://www.law.ttu.edu/career/employmen ... a_2015.asp

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Meow Meowsworth

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Re: Class of 2015 Employment Statistics by School

Post by Meow Meowsworth » Wed Apr 13, 2016 6:41 pm

Chicago's is up if you change the URL from their 2014 report to 2015. It isn't actually linked on their website yet, at least as far as I can see, but here you go: http://www.law.uchicago.edu/files/file/ ... of2015.pdf

We have a new leader it seems:

100+: 133
Federal Clerks: 29
Total: 162
Graduates: 196
Percentage: 82.65%

stretchedtoothin

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Re: Class of 2015 Employment Statistics by School

Post by stretchedtoothin » Wed Apr 13, 2016 6:48 pm

chicago-gunner123 wrote:
Anonymous User wrote:would be interesting to see comparisons between last year and this year with the t20 re: jobs
Here is the class of 2014 data (from last year's thread) on the t-14:

1) Columbia - 78.85% (74.15% BL + 4.7% FC)
2) Penn - 78.05% (70.14% BL + 7.91% FC)
3) Chicago - 75.71% (60% BL + 15.71 % FC)
4) Stanford - 74.87% (44.39% bl + 30.48% FC)
5) Cornell - 74.35% (64.4% BL + 9.95% FC)
6) NYU - 71.4% (64.09%bl + 7.31% FC)
7) Harvard - 71.17% (56.66% BL + 14.51% FC)
8 ) Duke - 70.23% (56.74% BL + 13.49% FC)
9) Virginia - 67.63% (52.44% BL + 15.19% FC)
10) Northwestern - 64.95% (55.67% BL + 9.28% FC)
11) Berkeley - 62.37% (48.43% BL + 13.94% FC)
12) Yale - 60.43% (34.78% BL + 25.65% FC)
13) Michigan - 53.85% (43.44% BL +10.51% FC)
14) Georgetown - 48.4% (44.89% BL +3.51% FC)
This year:
UChi: 82.65%
SLS: 78%
Penn: 77%
Duke: 76%
Yale: 72%
HLS: 71%
UVA: 70%
NU: 69%

Does anyone have a guess re: the rise in BL/FC numbers at H, Chi, Stanford, Duke, Yale, etc. ? Do you think entry-level PI jobs are becoming more scarce, BL firms are extending more offer than before, both? Are kids more attracted to BL by the hope of 190k?

Strangely, some of the lower ranked schools are experiencing decreases in their numbers outside of what we'd expect from the natural fluctuation of numbers, so I wonder why some of the top schools are seeing such large increases of people heading the BL route.

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WinterComing

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Re: Class of 2015 Employment Statistics by School

Post by WinterComing » Wed Apr 13, 2016 6:52 pm

Meow Meowsworth wrote:Chicago's is up if you change the URL from their 2014 report to 2015. It isn't actually linked on their website yet, at least as far as I can see, but here you go: http://www.law.uchicago.edu/files/file/ ... of2015.pdf

We have a new leader it seems:

100+: 133
Federal Clerks: 29
Total: 162
Graduates: 196
Percentage: 82.65%
Damn. Is it too late to change my mind and go there? (Yes, it is too late.)

Biglaw1990

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Post by Biglaw1990 » Wed Apr 13, 2016 6:53 pm

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Last edited by Biglaw1990 on Tue Apr 19, 2016 1:19 am, edited 1 time in total.

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proteinshake

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Re: Class of 2015 Employment Statistics by School

Post by proteinshake » Wed Apr 13, 2016 6:56 pm

Biglaw1990 wrote:
WinterComing wrote:
Meow Meowsworth wrote:Chicago's is up if you change the URL from their 2014 report to 2015. It isn't actually linked on their website yet, at least as far as I can see, but here you go: http://www.law.uchicago.edu/files/file/ ... of2015.pdf

We have a new leader it seems:

100+: 133
Federal Clerks: 29
Total: 162
Graduates: 196
Percentage: 82.65%
Damn. Is it too late to change my mind and go there? (Yes, it is too late.)
Chicago killed it this year. I don't know about the rest of you, but I'm anxious to see Columbia's numbers.
WOW

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Tiago Splitter

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Re: Class of 2015 Employment Statistics by School

Post by Tiago Splitter » Wed Apr 13, 2016 6:57 pm

Just have to change the URL for CLS.

http://web.law.columbia.edu/sites/defau ... ummary.pdf

79.17. You win this time Chicago.

Biglaw1990

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Re: Class of 2015 Employment Statistics by School

Post by Biglaw1990 » Wed Apr 13, 2016 6:57 pm

Brooklyn-21.73%

Biglaw1990

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Re: Class of 2015 Employment Statistics by School

Post by Biglaw1990 » Wed Apr 13, 2016 7:06 pm

Now we're just waiting for NYU, Berkeley, Cornell, and Georgetown

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krads153

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Re: Class of 2015 Employment Statistics by School

Post by krads153 » Wed Apr 13, 2016 7:19 pm

stretchedtoothin wrote:
Does anyone have a guess re: the rise in BL/FC numbers at H, Chi, Stanford, Duke, Yale, etc. ? Do you think entry-level PI jobs are becoming more scarce, BL firms are extending more offer than before, both? Are kids more attracted to BL by the hope of 190k?
LOL @ the idea of 190k - that ain't happening any time soon.

I'm only speculating but maybe fewer entry-level PI jobs and maybe higher average debt? Because it seems like debt is a major factor in people doing biglaw.

cannibal ox

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Re: Class of 2015 Employment Statistics by School

Post by cannibal ox » Wed Apr 13, 2016 7:23 pm

I bookmarked this spreadsheet last year and have referred to it way more often than going to LST.

If someone's feeling really ambitious, maybe they could recreate it (or add to it) with 2015 data.

stretchedtoothin

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Re: Class of 2015 Employment Statistics by School

Post by stretchedtoothin » Wed Apr 13, 2016 7:24 pm

krads153 wrote:
stretchedtoothin wrote:
Does anyone have a guess re: the rise in BL/FC numbers at H, Chi, Stanford, Duke, Yale, etc. ? Do you think entry-level PI jobs are becoming more scarce, BL firms are extending more offer than before, both? Are kids more attracted to BL by the hope of 190k?
LOL @ the idea of 190k - that ain't happening any time soon.

I'm only speculating but maybe fewer entry-level PI jobs and maybe higher average debt? Because it seems like debt is a major factor in people doing biglaw.
My allusion to 190k was sarcasm. I also think that both higher debt loads and fewer entry-level PI gigs are playing a huge role, but I can't figure out why PI-gigs would be decreasing in amount. The overall legal economy was just as strong this cycle, if not better, than it was the previous reporting cycle.

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Re: Class of 2015 Employment Statistics by School

Post by Nebby » Wed Apr 13, 2016 7:27 pm

krads153 wrote:
stretchedtoothin wrote:
Does anyone have a guess re: the rise in BL/FC numbers at H, Chi, Stanford, Duke, Yale, etc. ? Do you think entry-level PI jobs are becoming more scarce, BL firms are extending more offer than before, both? Are kids more attracted to BL by the hope of 190k?
LOL @ the idea of 190k - that ain't happening any time soon.

I'm only speculating but maybe fewer entry-level PI jobs and maybe higher average debt? Because it seems like debt is a major factor in people doing biglaw.
PI hiring is steady. It appears there are more firm jobs that would account for the increase. CLS PI employment had remained relatively the same over the last 4 years, but biglaw has gone up every 4 years
Last edited by Nebby on Wed Apr 13, 2016 7:40 pm, edited 1 time in total.

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Re: Class of 2015 Employment Statistics by School

Post by Hikikomorist » Wed Apr 13, 2016 7:28 pm

WinterComing wrote:
Meow Meowsworth wrote:Chicago's is up if you change the URL from their 2014 report to 2015. It isn't actually linked on their website yet, at least as far as I can see, but here you go: http://www.law.uchicago.edu/files/file/ ... of2015.pdf

We have a new leader it seems:

100+: 133
Federal Clerks: 29
Total: 162
Graduates: 196
Percentage: 82.65%
Damn. Is it too late to change my mind and go there? (Yes, it is too late.)
It's probably not too late.

krads153

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Re: Class of 2015 Employment Statistics by School

Post by krads153 » Wed Apr 13, 2016 7:29 pm

stretchedtoothin wrote:
krads153 wrote:
stretchedtoothin wrote:
Does anyone have a guess re: the rise in BL/FC numbers at H, Chi, Stanford, Duke, Yale, etc. ? Do you think entry-level PI jobs are becoming more scarce, BL firms are extending more offer than before, both? Are kids more attracted to BL by the hope of 190k?
LOL @ the idea of 190k - that ain't happening any time soon.

I'm only speculating but maybe fewer entry-level PI jobs and maybe higher average debt? Because it seems like debt is a major factor in people doing biglaw.
My allusion to 190k was sarcasm. I also think that both higher debt loads and fewer entry-level PI gigs are playing a huge role, but I can't figure out why PI-gigs would be decreasing in amount. The overall legal economy was just as strong this cycle, if not better, than it was the previous reporting cycle.
A lot of PI gigs are government funded, so a lot of it depends on who's in office, etc.

But if PI gigs are steady, then what other types of jobs are being supplanted with biglaw hiring? Fed gov hiring? I guess it does seem harder to get a fed gov job these days....

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Tiago Splitter

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Re: Class of 2015 Employment Statistics by School

Post by Tiago Splitter » Wed Apr 13, 2016 7:30 pm

krads153 wrote: But if PI gigs are steady, then what other types of jobs are being supplanted with biglaw hiring? Fed gov hiring?
Could be small firms or unemployment.

I think at least some of this is definitely the uptick in staff attorney hiring.

krads153

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Re: Class of 2015 Employment Statistics by School

Post by krads153 » Wed Apr 13, 2016 7:31 pm

Tiago Splitter wrote:
krads153 wrote: But if PI gigs are steady, then what other types of jobs are being supplanted with biglaw hiring? Fed gov hiring?
Could be small firms or unemployment.

I think at least some of this is definitely the uptick in staff attorney hiring.
I'm not sure what to think of that - on the one hand you work better hours; on the other hand you're often stuck doing like doc review, etc. IMO it sounds better to work at a small firm if you just do grunt work forever.

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KissMyAxe

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Re: Class of 2015 Employment Statistics by School

Post by KissMyAxe » Wed Apr 13, 2016 7:33 pm

Nebby wrote:
krads153 wrote:
stretchedtoothin wrote:
Does anyone have a guess re: the rise in BL/FC numbers at H, Chi, Stanford, Duke, Yale, etc. ? Do you think entry-level PI jobs are becoming more scarce, BL firms are extending more offer than before, both? Are kids more attracted to BL by the hope of 190k?
LOL @ the idea of 190k - that ain't happening any time soon.

I'm only speculating but maybe fewer entry-level PI jobs and maybe higher average debt? Because it seems like debt is a major factor in people doing biglaw.
PI hiring is steady. It appears there are more firm jobs that would account for the increase. CLS PI employment had remained relatively the same over the last 4 weeks, but biglaw has gone up every 4 years
I don't know if I buy that. More firm jobs just makes it seem like there were a lot of YHS students who wanted Biglaw but struck out. That contradicts most evidence, since even those at the bottom of the class at the three schools are able to find some Biglaw firm if they want it, and all P's at YLS can easily lead to a V15 or better. It's possible Yale's rise in Biglaw percentage is likely due to a combo of scarcity of PI jobs as well as perhaps an even more competitive academic market. However, it does appear PI is fairly steady as you said, so I don't think that's likely. We are talking about two very small classes with YS. When you only have 175-200 students, even 30 students having different goals can make a large statistical difference. I'd guess the most likely culprit is that simply more students than usual want Biglaw instead of these other jobs, which could be explained by plenty of reasons, one of them being a higher average debt load than normal.

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Tiago Splitter

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Re: Class of 2015 Employment Statistics by School

Post by Tiago Splitter » Wed Apr 13, 2016 7:35 pm

krads153 wrote:
Tiago Splitter wrote:
krads153 wrote: But if PI gigs are steady, then what other types of jobs are being supplanted with biglaw hiring? Fed gov hiring?
Could be small firms or unemployment.

I think at least some of this is definitely the uptick in staff attorney hiring.
I'm not sure what to think of that - on the one hand you work better hours; on the other hand you're often stuck doing like doc review, etc. IMO it sounds better to work at a small firm if you just do grunt work forever.
I guess beggars can't always be choosers. Sometimes the staff attorney thing seems kind of sweet but then you see one sending an email over the weekend or something and you wonder if it's not much different just a lot less pay.

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Re: Class of 2015 Employment Statistics by School

Post by stretchedtoothin » Wed Apr 13, 2016 7:37 pm

If the BL train is booming (which I think it is and the evidence suggests as much), why is there an increase in BL employment within the T14 a a whole, but a slight decrease for some of the non-T14 schools? Maybe I'm just imagining a decrease in my head, but it seems like some of the "tier-1" schools were seeing slight decreases in their BL+FC rates.

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Re: Class of 2015 Employment Statistics by School

Post by Nebby » Wed Apr 13, 2016 7:43 pm

KissMyAxe wrote:
Nebby wrote:
krads153 wrote:
stretchedtoothin wrote:
Does anyone have a guess re: the rise in BL/FC numbers at H, Chi, Stanford, Duke, Yale, etc. ? Do you think entry-level PI jobs are becoming more scarce, BL firms are extending more offer than before, both? Are kids more attracted to BL by the hope of 190k?
LOL @ the idea of 190k - that ain't happening any time soon.

I'm only speculating but maybe fewer entry-level PI jobs and maybe higher average debt? Because it seems like debt is a major factor in people doing biglaw.
PI hiring is steady. It appears there are more firm jobs that would account for the increase. CLS PI employment had remained relatively the same over the last 4 weeks, but biglaw has gone up every 4 years
I don't know if I buy that. More firm jobs just makes it seem like there were a lot of YHS students who wanted Biglaw but struck out. That contradicts most evidence, since even those at the bottom of the class at the three schools are able to find some Biglaw firm if they want it, and all P's at YLS can easily lead to a V15 or better. It's possible Yale's rise in Biglaw percentage is likely due to a combo of scarcity of PI jobs as well as perhaps an even more competitive academic market. However, it does appear PI is fairly steady as you said, so I don't think that's likely. We are talking about two very small classes with YS. When you only have 175-200 students, even 30 students having different goals can make a large statistical difference. I'd guess the most likely culprit is that simply more students than usual want Biglaw instead of these other jobs, which could be explained by plenty of reasons, one of them being a higher average debt load than normal.
And biglaw is good for anyone who isn't sure what exactly they want, plus it's good explanation. I tell every student to go to a firm unless you're absolutely sure you don't want to, you know what you want to do, and you have a plan of how to realistically attain it.

Seriously? What are you waiting for?

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