Undersupply of Lawyers

In a rare twist, a story about the chronic undersupply of lawyers in rural areas.  There is much talk lately about the oversupply of lawyers, with only 55% of the nation's law graduates obtaining full-time legal employment 9 months after graduation.  The problem isn't an oversupply of lawyers, it's the gap in those that are served.

Nearly 85% of law students graduate with $100,000 in debt, and it is nearly impossible to service that type of debt by offering low-cost legal services in rural areas.  This South Dakota stipend might just do the trick.  If the law graduate could couple this with Income Based Repayment and Public Service Loan Forgiveness, he or she might just have a fighting chance.

NYTimes Article


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