Starting salaries for the class of 2011 are down across the board. Mean starting salaries for first-year associates fell 6.5 percent, according to numbers from the National Association for Law Placement.
The class of 2010 was paid a mean salary of $84,111, while the class of 2011’s mean salary was $78,653, according to the data. Mean salaries fell 15 percent compared to the class of 2009, which reported a mean salary of $93,454.
The median salary fell from $63,00 to $60,000 between 2010 and 2011, according to the data.
Last month, we wrote about law school graduate employment numbers falling across the country, including for law school grads in Maryland. Fewer than half of the state’s law school graduates from the class of 2011 have full-time, permanent jobs, according to American Bar Association data released in June. Both Maryland law schools, the University of Baltimore School of Law and the University of Maryland Francis King Carey School of Law, had numbers that fell below the national average of 55 percent.
Then there’s that Boston law firm that advertised a first-year associate position with $10,000 salary.
So, per this week’s news, not only are fewer recent law school grads finding jobs, those who have, are getting paid less. But, hey, at least it’s Friday?