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Where the Jobs Are

Overview. Disclaimer -Numbers will not always add to 100% due to rounding or omission of less significant dataWill Discuss - Job Type, Job Source, Offer Timing and salary for 2008 class. Primary Source is 2008 Grad Salary Survey Summary99% of UH grads surveyed74% of UH grads shared salaryCom

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Where the Jobs Are

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    1. Where the Jobs Are 2009 Edition

    2. Overview Disclaimer - Numbers will not always add to 100% due to rounding or omission of less significant data Will Discuss - Job Type, Job Source, Offer Timing and salary for 2008 class. Primary Source is 2008 Grad Salary Survey Summary 99% of UH grads surveyed 74% of UH grads shared salary Comparison Sources are 2006 Grad Salary Survey Summary and NALP 2007 statistics Also see Texas State Bar Research & Analysis

    3. Job Type 58% Law Firm 21.5% Business/Industry 10% Government 4% Judicial Clerkship 4% Public Interest 2% Academic Government big gain + public interest + academicGovernment big gain + public interest + academic

    4. Job Type – (Change from 2006) 58% Law Firm (-2%) 21.5% Business/Industry (-3.5%) 10% Government (+3%) 4% Judicial Clerkship (-1%) 4% Public Interest (+1%) 2% Academic (+1.5%) Government big gain + public interest + academicGovernment big gain + public interest + academic

    5. Job Type – National Comparison Law Firm – 58% is 2.5% higher Business – 21.5% is 7.5% higher Government – 10% is 1% less Judicial Clerkship – 4% is 6% less Public Interest – 4% is 2% less Academic – 2% = to national stat Our clerkships are lower than in 2006 and we are 27% -- and these are predominantly non-legal jobs.Our clerkships are lower than in 2006 and we are 27% -- and these are predominantly non-legal jobs.

    6. Job Source Job Fairs (including OCI) – 30% Target/info interviews –17% Referral from friend/family – 17% CDO Job Posting – 20% Return/continue w/ employer – 7% Commercial Posting – 4% Started practice/business – 4% Lowest OCI Lowest OCI

    7. Job Source - Compared to 2006 Job Fairs (including OCI) – 30% (+7%) Target/info interviews –17% (-5%) Referral from friend/family – 17% (-4%) CDO Job Posting – 20% (+4.5%) Return/continue w/ employer – 7% (+1%) Commercial Posting – 4% (=) Started practice/business – 4% (-1.5%) Highest OCI ever. Strong job posting Perhaps more with pre-law employer because of economy Surprising to see fewer starting a practice Highest OCI ever. Strong job posting Perhaps more with pre-law employer because of economy Surprising to see fewer starting a practice

    8. Job Source – National Comparison Job Fairs (including OCI) – 30% is (+3%) Target/info interviews –17% is (-5%) Referral from friend/family – 17% (+2%) CDO Job Posting – 20% is (+2%) Return to pre-law employer – 7% (=) Commercial Posting – 4% (=) Started practice/business – 4% (+1%) You can see nationally – the targeting initiating contact is much larger (22%) The increase in postings/OCI/job fairs is not sustainable – saw a decrease in participation You can see nationally – the targeting initiating contact is much larger (22%) The increase in postings/OCI/job fairs is not sustainable – saw a decrease in participation

    9. Target/info interviews –24% Referral from friend/family – 24% CDO Job Posting – 29% Return/continue with employer – 9% Commercial Posting – 6% Started practice or business – 5% Job Source w/o Job Fairs 55% - is networking and targeting employers 55% - is networking and targeting employers

    10. Target/info interviews –24 (-4%) Referral – 24 (+2%) CDO Job Posting – 29 (+9) Return to pre-law – 9 (-2%) Commercial Posting – 6% (-1.5%) Started practice/business – 5% (=) Job Source w/o Job Fairs/ Compared to 2006 50% - is networking and targeting employers Working hard on Job Bank – almost 30% 50% - is networking and targeting employers Working hard on Job Bank – almost 30%

    11. Job Location Texas – 92% Houston Area – 79% Austin – 7% Dallas/Fort Worth – 5% San Antonio – 2% California – 2% Colorado – 1.5% New York – 1% D.C. – 1%

    12. Top US Cities for JD Grads 1. New York 2. Washington, D.C. 3. Chicago 4. Los Angeles 5. Houston 6. Boston 7. San Francisco 8. Philadelphia 9. Atlanta 10. San Diego

    13. Emerging Hot Markets? All bets are off – buttoning down the hatches Texas Markets are strongest in nation Small towns relatively un-impacted International - reported before the crash Dubai United Arab Republic China Russia Latin America South Korea

    14. Job Type - Law Firms – 58% Solo Practice – 4% 2-10 Attorneys – 32% 11-25 Attorneys – 18% 26-50 Attorneys – 4% 51–100 Attorneys – 2% 101-250 Attorneys – 4% 251-500 Attorneys – 16% Over 501 Attorney – 20%

    15. Little growth potential for hiring in the mid-size firms Large Firm Attrition Rates 19% leave after 1st year 40% leave after 3rd year 78% leave after 5th year With massive layoffs of 2008- 2009 expect even fewer mid-size opportunities

    16. Job Type - Law Firms 2-10 Attorneys (32%) Timing 62% at grad 23% before bar results 25% after bar results Job Source 30% by referral 21% by targeting/info interviews 36% CDO posting Median Salary - $59,000

    17. Type - Law Firms 11-25 Attorneys (18%) Timing 83% employed at grad 17% before bar results Job Source 21% Secured position by targeting 35% CDO Posting 21% Referral 21% OCI/Job Fair Median Salary - $85,000

    18. Type – Law Firms 26 – 50 Attorneys (4%) Timing 100% before grad Job Source 42% OCI 28% Referral 15% Job Posting 15% Pre-law employer Median Salary - $75,000

    19. Law Firms 51–100 Attorneys (2%) Timing - 100% employed at grad Source – ½ from OCI and ½ from targeting Median Salary $150,000/$107,500 Over 101-250 Attorneys (4%) Timing - 100% employed at grad Source 33% through OCI & 33% referral 17% targeting and 17% posting Median Salary $110,000

    20. Law Firms 250+ attorneys (36%) Timing 100% Prior to Graduate Source 90% OCI 5% Referral 3% Target Median Salary - $160,000

    21. Hot Areas of Practice Bankruptcy Regulatory Employment Labor Securities Litigation Energy Environmental/ Climate Change White Collar Crime IP

    22. Business/Industry – 21.5% Other – 31% In-house Legal – 23% Consulting – 15% Legal Temp– 13% Management – 10% Own Business – 5% Business Development – 3% Started business – dentist, engineer, home builder, Contracts Admin Publishing Engineer Financial Advisor Landman Title Analyist Musician Started business – dentist, engineer, home builder, Contracts Admin Publishing Engineer Financial Advisor Landman Title Analyist Musician

    23. Business – when/how employed Timing 69% At grad 24% Before bar results 7% After bar Job Source 20% CDO Job Posting 18% Referral 15% Return to/continue with employer 13% Target 11% OCI/Job Fair 10% Commercial Job Posting 6% Started practice

    24. Business-Salaries Median Salaries In-house legal - $65,000 Management - $62,500 Consulting - $60,000 “Other” - $72,500 Overall median salary for 2008, $65,000 is notably lower than 2006 median of $72,000

    25. Government – 10% Timing: 79% at grad 16% before bar results 5% after bar Source: 24% OCI/Job Fair 21% Job Posting 17% Referral 8% Target Salary Federal - $60,000 Local - $53,000 State - $46,000

    26. Public Interest (3%) Timing 66% before grad 16% before bar results & 16% after bar Job Source 50% CDO Job Posting 16% Commerical Job Posting 16% Referral 16% Target Median Salary - $41,000

    27. Salary w/ National Comparison UH 2008 Median - $75,000 Average - $94,000 National (NALP 2007) Median - $65,750 Average - $86,396

    28. USNWR Projected Statistics for class of 2008 Disclaimer – based upon manner currently calculated 75% Employed at graduation 96% Employed nine months out These are essentially the same (w/in .4%) of the 2006 figures

    30. Employment w/ National Comparison UHLC (Projected for USNWR 2009) 74% Employed at graduation 96% Employed nine months out National (NALP 2007) 66% Employed at graduation 92% Employed nine months out

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