What you need to know about law school:

  • Just over 50% of new lawyers get a job in law, but they usually graduate with high debt.
  • According to the ABA, there are about 4900 new lawyers competing for about 1800 jobs. Here’s a good graphic spelling out the situation.
  • The top ten law schools for job placement are big state universities or Ivy League schools.
  • The school with one of the highest employment rates is the University of Virginia.
  • And here’s your best information, perhaps: lowest and highest underemployment rates for law school grads at these schools. Notice that the overall rankings do not at all correspond to the most employable graduates once you get past the very top schools. I would only consider a school in the top 25 or so for employability if I were going to start law school today.