A grim verdict awaits law grads

Lots of debt, very few law firm jobs.

, The National Law Journal

Nearly 44,000 law students nationwide will graduate next year with an average of about $73,000 in loan debt, according to numbers from the American Bar Association. And while most would-be lawyers already have accepted that only a small fraction will start their careers with a big-firm salary of $160,000, the past few weeks of economic chaos have caused many to wonder if any kind of attorney work is in their near future.

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