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For more thoughts on the prospects for law graduates, you might want to read my blog entry, Why Not to Go to Law School.

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Arizona State University’s law school is attacking head on the growing problem of law school graduates — who are in the fifth year of a near-depression-level job market — not being able to find work. It plans to open its own nonprofit law firm, as the New York Times recently reported, with the goal of keeping 30 recent graduates off the unemployment rolls. Law schools have also been offering public interest fellowships to help recent graduates get a foothold in the legal market — and creating incubators to train solo practitioners.

But all of this law-school work-making is raising some fundamental questions about whether there are broader forces at work that are permanently altering the legal profession.

It may seem far off today, but it was not long ago that the good times were rolling for lawyers. In 2007, 91.2% of law school graduates got jobs and salaries were soaring. After…

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