DempseyLaw wrote:
That is roughly 50% of those 93% reporting their information.
Reporting what information? There are two percentages to look at, those reporting employment status (which is both a binary yes-or-no proposition, and 'what type of job are you at' proposition), and those reporting salary information. What percentage of the graduating class reporting salary =/= those reported being employed. We get the first number - 93% employed. But I don't see the salary-reporting percentage.
Also, note what that 93% number is described as. "Total 2009 graduates reported employed
or set nine months after graduation." What does "or set" mean? My speculation is they've counted those no longer trying to find legal employment, but that's just a guess; but its a guess I have to draw from their ambiguous wording.
Check out LST for Emory for the class of 2008 (LinkRemoved): 95.3% reported employment status, but only 77% reported salary information. Note the 13% who said they were employed in the public sector but didn't report salary, and the 10% who said they were employed, but wouldn't say where or with what salary. That's not a huge spread (compared to some schools on LST), but I hope it shows you that just putting up a 'X% employed Y months after graduation' number doesn't mean you're getting that X percentage reporting
salary data, too. And that was for the class of 2008. I'd assume the numbers to be worse for 2009, for every school.
Compare to, say,
Fordham's class of 2009 employment and salary numbers. They tell you the employment rates at both graduation and 9 months out, but also give what percentage reported salary information (93% overall, 95% for those in private practice). That's more useful information, though I'm sure someone else can pop in here and say why even those numbers are misleading (note, for example, their description about deferrals for associates, which I'm sure happened everywhere)
Now, why is this interesting? Let's say that out of grads working at a particular large law firm, 3 got associate positions, but 7 got temporary doc review jobs. Those who got full-time gigs are gonna report their $160,000 salaries, but most of those with doc review jobs won't. Some will, of course, which explains why at least one person working at a firm of 500+ lawyers is making $68,640 a year (funny number, right?). But a lot won't. And so while they'll have employment data for 10 lawyers, they'll only have salary data for 4 or 5. Which is misleading, because it'll look like 10 lawyers work at a big firm, and most of them are making six figures. But we don't know that from this data.
TL;DR: not as useful data as it appears without what percentage reported salary data