Third-year law students have been lamenting the unfortunate timing of their entry into the job market. Now they have some cold, hard numbers to quantify their woes.
The median number of offers by U.S. law firms for 2010 summer associate positions was seven, according to statistics released Tuesday by the National Association for Law Placement. That was down from 10 offers in 2008 and 15 offers in 2007.
In fact, the offer rate was the lowest NALP has reported since the organization began gathering offer statistics some 17 years ago.
Update: The NALP didn't start collecting statistics until 17 years ago. These stats are the lowest ever recorded by the organization.