Sep 3

Structural Unemployment Plagues U.S. Legal Sector


Matt Leichter (matt [dot] leichter [at] gmail [dot] com) (Saitama-ken 2003-05) is a renegade attorney who plays by his own rules.  He operates his own blog, The Law School Tuition Bubble, where he archives, chronicles, and analyzes the rising cost and declining value of legal education in the United States.  He also maintains the “Bankruptcy Legal Topics,” and, “Bankruptcy Billables,” sections for Steven Horowitz’s Bankruptcy Bill.  For further reading regarding JETs and the law, he recommends JETs with J.D.s.

I’ve read how young adults in Japan are sometimes criticized for being lazily unemployed and living with their parents.  I don’t know how common or fair that depiction is, but it’s out there.  Economists’ term for this phenomenon is “structural unemployment.” Guess what awaits the U.S. legal profession?

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