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76% of Young Lawyers Happy with Their Career Choice

A new study by the American Bar Foundation, of 4,160 individuals who became lawyers in 2000, has found that 76% report they are either extremely or moderately satisfied with their decision to become an attorney.

From the ABA Journal:

The $1.8 million study is tracking the careers of lawyers over the course of 12 years. The attorneys were first interviewed in 2002, two years after they began practicing. The latest set of data comes from interviews conducted in 2007…

Among the study’s major findings was that, as lawyers move deeper into their careers, fewer and fewer work in private practice. It also found that women continue to have difficulty becoming equity partners in law firms and are still not paid as much as are men.

Between their second and seventh year of practice, 58 percent of the lawyers changed jobs, the study found.

Via ABA Journal.

Erik Even: