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No money, mo problems

No money, mo problems

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Looks like more bad news this week for graduates.

Starting salaries for the class of 2011 are down across the board. Mean starting salaries for first-year fell 6.5 percent, according to numbers from the National Association for Law Placement.

The class of 2010 was paid a mean 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 numbers falling across the country, including for law school grads in . Fewer than half of the state’s law school graduates from the class of 2011 have full-time, permanent , according to American Bar Association data released in June. Both Maryland law schools, the School of Law and the Francis King Carey School of Law, had numbers that fell below the national average of 55 percent.

Then there’s that 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?