“[I]t is becoming increasingly apparent that the market for legal services in the United States and throughout the world has changed in fundamental ways and that, even as we work our way out of the economic doldrums, the practice of law going forward is likely to be starkly different than in the pre-2008 period.”
Georgetown Law Center for the Study of the Legal Profession, 2013 Report on the State of the Legal Market 1 (2013), www.law.georgetown.edu/ continuing-legal-education/ executive-education/ upload/2013-report.pdf.
The legal profession is changing. According to the National Association of Legal Placement, fewer than 60% of new law school graduates from the class of 2011 have found work as full-time lawyers. With the exponential rise in law school tuition, back-breaking student loan debt lingers over the heads of many, if not most, recent graduates. The bleak situation leaves many a young lawyer feeling like Sisyphus, the mythical king of Corinth condemned to continually roll a large boulder uphill only to watch it roll back down, eternally repeating the laborious action. The problem of unemployment and underemployment in the ranks of new lawyers only compounds the issues graduates face with debt.