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The market for entry-level legal employment is continuing to gain strength,
although regional variations and overall caution are evident, according to
Perspectives on Fall 2005 Law Student Recruiting, an annual report on selected
aspects of fall recruitment activity and the experiences of both legal employers
and law schools published by NALP. Overall, rates of on-campus interviewing and
participation in job fairs generally either increased or at least remained
relatively constant. Both the average number of offers and the offer rate for
2006 summer associate positions were up, and the size of summer classes in 2005
was slightly larger than that in 2004. The pace of hiring among employers who
recruited third-year students held steady. Among the report’s findings:
OCI Activity
About 28% of law schools reported a change of less than 5% in the number of
employers on campus, and 42% of law firms reported visiting the same number of
schools in their recruiting efforts. The nationwide median number of schools at
which employers recruited was seven, with firms of 100 or fewer attorneys and
those reporting from the Midwest and Southeast most likely to have maintained
the number of schools they visited.
Nationwide, half of law schools reported an increase of 5% or more in the
number of employers on campus and 22% reported a decrease of more than 5%.
Regional variations are apparent: schools in the West/Rocky Mountain region were
most likely to report an increase of 5% or more, with 81% doing so; in the
Mid-Atlantic region, just 36% did so. Decreases of 5% or more were most common
at schools in the Northeast — 28% — while changes of less than 5% were most
common at schools in the Mid-Atlantic region, about 57%.
Job Fairs
Nearly all schools responding participated in one or more job fairs, and 39%
participated in eight or more. Schools in the Northeast and Mid-Atlantic regions
were more likely to participate in eight or more job fairs with 56% and 69%,
respectively, doing so. In contrast, fewer than one-fifth of schools in the West
reported that level of participation, and 29% of schools in the Midwest did so.
Firms in the Northeast and Midwest were most likely to participate in job fairs
compared to those in other regions. About 39% of responding employers did not
participate in any job fairs, but a larger percentage (45%) reported
participating in two or more.
Callbacks, Offers and Acceptances
Most summer program participants (91%) received an offer for an associate
position, and 73% of these offers were accepted. The median class size for
summer programs was six; the average size was 12. Summer programs were the
largest in New York City with a median of 14 and average of 25, and in Dallas,
with a median of 15.5 and an average of 18. Both the offer and acceptance rates
were similar to those for 2004.
Figures for 2005 thus suggest a small increase in class size compared to the
prior three years, but one that has not yet matched the average of 14 and median
of 8.5 in 2000. The overall offer rate for the past two years has, however,
again matched the 90% mark seen in the late 1990s and 2000. Acceptance rates
continue to be well above the 66% rate of the late 1990s and 2000.
This year’s report also provides information on the length and ending dates
for summer programs. Summer programs in 2005 were typically 10 to 12 weeks long,
regardless of firm size, similar to 2004 and 2003. Over 70% of offices reported
summer programs of either 10, 11, or 12 weeks, although the lengths reported
ranged from 5 to 22 weeks.
On a regional basis, the Southeast and Midwest varied the most from the norm,
with shorter programs, especially 6-week programs, much more common in the
Southeast (30%); in the Midwest over half of firms reported holding a 12-week
program. Areas in the Southeast where 6-week programs were common include
Austin, Charlotte, and Tennessee. Often these firms host two six-week sessions.
Twelve-week programs were most commonly reported by offices in St. Louis and
Minneapolis. Most programs ended in mid-August, as has been the case in recent
years for which NALP has compiled this information. The end dates reported
ranged from June 17 to as late as September 30.
Employers issued a median of 48 and an average of 86 callback invitations to
second-year students. Nationwide, 72% of these callback invitations were
accepted. Well over half of callback interviews (60%) resulted in an offer, with
a median of 16 offers per employer. Just under one in three of the offers made
to Class of 2007 students for 2006 summer programs were accepted, a figure that
comports with recent years.
This level of callback activity is somewhat higher than in 2004, when the
median and average number of invitations were 42 and 82, respectively. The last
five years, nonetheless, are in contrast to an average of 95 and a median of 55
in 2000, suggesting considerable cutbacks in recruiting in fall 2001 that have
not yet been fully recouped.
For large firms of 501 or more attorneys, 64% of callback invitations to
second-year students resulted in offers, compared with about 39% in firms of 100
or fewer attorneys. However, acceptance rates were higher at firms of 100 or
fewer attorneys, around 50%, compared with about 29% in firms of 251 or more
attorneys.
Analyses at the city level revealed wide variations. For example, employers
in New York City, not surprisingly, reported by far the highest level of
activity in callback invitations and interviews of second-year students, making
an average of 111 offers to second-year students for summer 2006. Acceptance
rates were lowest at firms in New York City, Washington, D.C., and San
Francisco, where between 24% and 27% of offers were accepted. Acceptance rates
were highest in Austin, Charlotte, Tampa, Tennessee, and Indianapolis, where
between 50% and 60% of offers were accepted.
About 40% of survey respondents, or 211 employers, reported recruiting of
third-year students not previously employed by them. This level of activity is
similar to that for 2004, and is approaching the level of 2001, when about 43%
of respondents reported recruiting third-year students. The median number of
callback invitations was 5, and most of these callback invitations (87%) were
accepted. About 42% of these interviews resulted in offers, 53% of which were
accepted. The level of activity was highest by far in the Northeast, with a
median of 14 and an average of 20 callbacks. At the city level, New York City,
along with Boston, reported the greatest volume, with medians of 13 and 14.5,
respectively. Acceptance rates ranged from about 30% in San Francisco to over
80% in Atlanta and Houston.
Read the full report (free PDF
download).
About NALP:
Founded in 1971 as the National Association for Law Placement, Inc.®, NALP —
The Association for Legal Career Professionals — is dedicated to facilitating
legal career counseling and planning, recruitment and retention, and the
professional development of law students and lawyers. NALP maintains an online
archive of press releases at www.nalp.org — click on “Research & Directories
> Press Releases.”
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