Employment rate for law school grads is at 6-year low

A report from the National Association for Law Placement found that the employment rate for new law school graduates is at 84.5 percent, a six-year low.

Natalie Kitroeff at Businessweek argues that the fall in employment is because America has too many law schools. As further evidence, Kitroeff cites declines in law school enrollment and the rate of people passing the bar exam.

More than a third of people who graduated law school in 2013 were either unemployed or had jobs unrelated to their law degrees.

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