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LegalEvolution.org© Legal Evolution PBC // Post 060
4,745 5,193 5,156
3,750
2,856
3,636 3,980 3,952 4,007 4,238 4,606
8,829
6,099 5,984
7,037
6,264 5,800
-
5,000
10,000
15,000
20,000
25,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Number of Entry-Level Jobs in Private Practice
by Law Firm Size
500+ lawyers in firm 11 to 500 1-10 lawyers
368 more jobs in
large law firms
Source: NALP, graphic generated by Legal Evolution PBC
LegalEvolution.org© Legal Evolution PBC // Post 060
27,756
46,776
…
33,432
-
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
Year of Graduation
Number of Law Graduates from ABA-Accredited Law Schools,
1973 to 2020
Source: ABA. Graphic generated by Legal Evolution PBC
LegalEvolution.org© Legal Evolution PBC // Post 060
-20%
0%
20%
40%
60%
80%
100%
120%
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Law School Debt versus Entry Level Salaries
% change from 2002 Baseline
Median Starting Salary Median Law Firm Starting Salary Avg. Debt, Public LS Avg. Debt, Private LS
Source: ABA, Law School Transparency, NALP. Graphic generated by Legal Evolution PBC
LegalEvolution.org© Legal Evolution PBC // Post 060
4,745 5,193 5,156 3,750 2,856 3,636 3,980 3,952 4,007 4,238 4,606
65,212
69,836 67,212 71,085 74,967
77,230
82,868 84,124 84,149 87,184
90,867
81
87
91
0
10
20
30
40
50
60
70
80
90
100
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
110,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Lawyers Working in U.S.-Based Law Firms
with > 500 Lawyers, 2007 to 2017
Entry Level > 1 Yr. Experience Law Firms > 500
Source: NALP, ALM Legal Intelligence. Graphic generated by Legal Evolution PBC

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Four charts to better understand the Class of 2017 (060)

  • 1. LegalEvolution.org© Legal Evolution PBC // Post 060 4,745 5,193 5,156 3,750 2,856 3,636 3,980 3,952 4,007 4,238 4,606 8,829 6,099 5,984 7,037 6,264 5,800 - 5,000 10,000 15,000 20,000 25,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Number of Entry-Level Jobs in Private Practice by Law Firm Size 500+ lawyers in firm 11 to 500 1-10 lawyers 368 more jobs in large law firms Source: NALP, graphic generated by Legal Evolution PBC
  • 2. LegalEvolution.org© Legal Evolution PBC // Post 060 27,756 46,776 … 33,432 - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 Year of Graduation Number of Law Graduates from ABA-Accredited Law Schools, 1973 to 2020 Source: ABA. Graphic generated by Legal Evolution PBC
  • 3. LegalEvolution.org© Legal Evolution PBC // Post 060 -20% 0% 20% 40% 60% 80% 100% 120% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Law School Debt versus Entry Level Salaries % change from 2002 Baseline Median Starting Salary Median Law Firm Starting Salary Avg. Debt, Public LS Avg. Debt, Private LS Source: ABA, Law School Transparency, NALP. Graphic generated by Legal Evolution PBC
  • 4. LegalEvolution.org© Legal Evolution PBC // Post 060 4,745 5,193 5,156 3,750 2,856 3,636 3,980 3,952 4,007 4,238 4,606 65,212 69,836 67,212 71,085 74,967 77,230 82,868 84,124 84,149 87,184 90,867 81 87 91 0 10 20 30 40 50 60 70 80 90 100 - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 110,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Lawyers Working in U.S.-Based Law Firms with > 500 Lawyers, 2007 to 2017 Entry Level > 1 Yr. Experience Law Firms > 500 Source: NALP, ALM Legal Intelligence. Graphic generated by Legal Evolution PBC