In my new book, Winning Personal Injury Claims, I offer advice to recent law school grads who are having trouble finding employment. This topic begins with a discussion of “hanging out your shingle”; that is, opening up a law office. To do so, the young lawyer needs two things: clients and the ability to service their needs. It’s not simple.
According to the National Association for Legal Career Professionals (NALP), the employment rate for new law school graduates is at a 15 year low. The depressed economy is a big part of the problem. Recent grads now have to compete for jobs with the many experienced lawyers who have been laid off by law firms suffering from financial strain. Since the job market is so competitive, an experienced lawyer may be willing to accept an entry level salary. This creates a tough market for a young graduate to compete in.
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