Latest employment data Forum

[FSK]

20. Minnesota - BL+FC- 20%. FTLTBR - 76% FTLTBR (w/o LSF) - 74%

This is a solid for a strong regional.

[AT9]

Many new ones today:

47: Wake Forest - BL+FC-18%, FTLTBR-68%, FTLTBR (w/o LSF)-67%
http://career.law.wfu.edu/files/2015/04 ... BA2015.pdf

Maybe I'm missing something, but I think FTLTBR - long-term school funded (none) should be 71% (133/187). Without solos, it's 69% (128/187).

Regardless, glad to see that our stats have improved from last year's abysmal rates (with a much larger class size, too).

[MT Cicero]

Many new ones today:

47: Wake Forest - BL+FC-18%, FTLTBR-68%, FTLTBR (w/o LSF)-67%
http://career.law.wfu.edu/files/2015/04 ... BA2015.pdf

Maybe I'm missing something, but I think FTLTBR - long-term school funded (none) should be 71% (133/187). Without solos, it's 69% (128/187).

Regardless, glad to see that our stats have improved from last year's abysmal rates (with a much larger class size, too).

It is without solos. And 128/187 = 68.4% = 68% rounded. Also, there are 3 LSF, not none. 125/187 = 66.8% = 67% rounded.

I think that's the math anyway.

[Cobretti]

NU is up: http://www.law.northwestern.edu/profess ... y_2014.pdf

BL + FC = 64.9%

[JFO1833]

I think that's the math anyway.

That's it

12: Northwestern - BL+FC-65%, FTLTBR-81%, FTLTBR (w/o LSF)-78%
http://www.law.northwestern.edu/profess ... y_2014.pdf

20: Minnesota - BL+FC-20%, FTLTBR-75%, FTLTBR (w/o LSF)-73%
http://www.law.umn.edu/uploads/e0/20/e0 ... ummary.pdf

82: Tulsa - BL+FC-3%, FTLTBR-66%, FTLTBR (w/o LSF)-65%
145: Ohio Northern - BL+FC-3%, FTLTBR-46%, FTLTBR (w/o LSF)-46%
145: South Dakota - BL+FC-2%, FTLTBR-67%, FTLTBR (w/o LSF)-67%

Totals (120/203 reporting): BL+FC-15%, FTLTBR-58%, FTLTBR (w/o LSF)-56%

[KMart]

NU with <80% employed? Even though 65% get BLFC? That's an odd dichotomy to me.

[Saddle Up]

[145: South Dakota - BL+FC-2%, FTLTBR-67%, FTLTBR (w/o LSF)-67%

Impressed. That outcome certainly rocks...

[chuckbass]

NU with <80% employed? Even though 65% get BLFC? That's an odd dichotomy to me.

~*business jobs*~

[Desert Fox]

NU with <80% employed? Even though 65% get BLFC? That's an odd dichotomy to me.

Is issue is "Bar Required" and NU has a ton of JD/MBAs who recently end up working in non-law jobs. FTLTBR includes someone making 30k doing shitlaw but someone making 145K in business. You have to take out JD/MBAs from NU data if you want to compare it to a typical school.

Not bad when you consider last year 82% of JD/MBAs (which are around 10% of the class) went into business instead of law.

http://www.law.northwestern.edu/profess ... ts/jd-mba/

This sort of thing is why comparing schools based on naked metrics comes up with weird results.

[jenesaislaw]

When does this translate into the great folks at LST updating their data?

As soon as the ABA releases the data. I can usually turn it around in under 3 hours.

Thanks for the awesome info. I didnt know if you use the individual school reports

Nope, would be a total waste of time and involve data entry risk.

[starry eyed]

seems like NYC is doing better compared to everywhere else.

[Desert Fox]

seems like NYC is doing better compared to everywhere else.

NYC corp practice is essentially back in boom days.

[starry eyed]

NU with <80% employed? Even though 65% get BLFC? That's an odd dichotomy to me.

Is issue is "Bar Required" and NU has a ton of JD/MBAs who recently end up working in non-law jobs. FTLTBR includes someone making 30k doing shitlaw but someone making 145K in business. You have to take out JD/MBAs from NU data if you want to compare it to a typical school.

Not bad when you consider last year 82% of JD/MBAs (which are around 10% of the class) went into business instead of law.

http://www.law.northwestern.edu/profess ... ts/jd-mba/

This sort of thing is why comparing schools based on naked metrics comes up with weird results.

yea i was gonna say something like this but i knew what would happen to me

[rpupkin]

Not bad when you consider last year 82% of JD/MBAs (which are around 10% of the class) went into business instead of law.

http://www.law.northwestern.edu/profess ... ts/jd-mba/

This sort of thing is why comparing schools based on naked metrics comes up with weird results.

Stop rationalizing NU's relative decline. Its numbers will soon plunge to the depths of YLS. #OMGPENN_CORNELL

[The Dark Shepard]

I think that's the math anyway.

That's it

12: Northwestern - BL+FC-65%, FTLTBR-81%, FTLTBR (w/o LSF)-78%
http://www.law.northwestern.edu/profess ... y_2014.pdf

20: Minnesota - BL+FC-20%, FTLTBR-75%, FTLTBR (w/o LSF)-73%
http://www.law.umn.edu/uploads/e0/20/e0 ... ummary.pdf

82: Tulsa - BL+FC-3%, FTLTBR-66%, FTLTBR (w/o LSF)-65%
145: Ohio Northern - BL+FC-3%, FTLTBR-46%, FTLTBR (w/o LSF)-46%
145: South Dakota - BL+FC-2%, FTLTBR-67%, FTLTBR (w/o LSF)-67%

Totals (120/203 reporting): BL+FC-15%, FTLTBR-58%, FTLTBR (w/o LSF)-56%

Did I mess up by not discounting solo firms?

[MT Cicero]

NU with <80% employed? Even though 65% get BLFC? That's an odd dichotomy to me.

~*business jobs*~

Yeah, was going to say this. Pretty sure the JD-MBA's are in our numbers, and many of those jobs aren't bar required. Our JD Advantage number is higher than Penn + Cornell + Duke + Virginia combined for this year (of the lower T14s that have released).If you counted them all, it'd be ~87% without LSF. If you figure some percentage are bad outcomes, maybe 83-84%? It's very likely non-negligible though with 25 JD Advantage jobs.

The parsed out info on the school's website for 2013 grads has the 25-50-75th percentile salary of JD Avantage jobs at $100K-$120K-$135K. Lots of good outcomes.

*Edit - scooped

[starry eyed]

doesn't a crash follow a boom? why would 0L's want to gun for NYC corp ?

i wouldnt expect 75% of Cornell to get BL in 2018

[sublime]

..

[starry eyed]

doesn't a crash follow a boom? why would 0L's want to gun for that ?

Although we have kind of been over this, NYC BigLaw provides the most reliable source of "desirable" hiring.

i meant to imply that these numbers probably aren't sustainable

[JFO1833]

Did I mess up by not discounting solo firms?

Not a mess up at all, but it explains the math difference. I have not been counting them because that seems to be the consensus of the thread. On the other hand, the ABA counts them so it's not an unreasonable thing to do.

[Tiago Splitter]

doesn't a crash follow a boom? why would 0L's want to gun for that ?

Although we have kind of been over this, NYC BigLaw provides the most reliable source of "desirable" hiring.

i meant to imply that these numbers probably aren't sustainable

NYC hiring has been pretty consistent going back a decade.

[Cobretti]

doesn't a crash follow a boom? why would 0L's want to gun for NYC corp ?

i wouldnt expect 75% of Cornell to get BL in 2018

they should gun for those manufacturing jobs that have been in decline for the last 40 years. the boom that's gonna follow that crash is going to be ridic.

[Desert Fox]

Corp is sustainable because the legal costs on transaction are still tiny compared to banking and other people who take a cut. It's a rounding error.

Lit isn't because the costs are becoming so high that the benefits of a "good" firm aren't really that apparent. It doesn't make sense to pay Quinn 6 mil for a patent case that at the absolute worst worth like 20 mil, but probably more like 7mil.

[JFO1833]

NYU:

6: NYU - BL+FC-71%, FTLTBR-94%, FTLTBR (w/o LSF)-86%
http://www.law.nyu.edu/sites/default/fi ... duates.pdf

105: Stetson - BL+FC-6%, FTLTBR-54%, FTLTBR (w/o LSF)-54%
122: Vermont - BL+FC-3%, FTLTBR-48%, FTLTBR (w/o LSF)-48%
RNP: Southwestern - BL+FC-4%, FTLTBR-36%, FTLTBR (w/o LSF)-35%

RNP: Pontifical Catholic - BL+FC-0%, FTLTBR-1%, FTLTBR (w/o LSF)-1%
(I don't know how much to read into this one)
http://spserver2008.pucpr.edu/derecho/i ... s_2014.pdf

New Totals (125/203): BL+FC-16%, FTLTBR-57%, FTLTBR (w/o LSF)-56%

[Tiago Splitter]

Pontifical Catholic really hitting it out of the park.