In
November, 2013, a “special task force report” by the State Bar of Wisconsin
concluded that a large number of new law grads can’t find jobs to pay off their
staggering student debt loads. In
addition, many of those who were fortunate enough to be employed (or
underemployed) were afraid to practice law because they didn’t know how. Here’s a nice excerpt of a summary of the
report from the bar association’s e-newsletter:
“My
debt is higher than a mortgage for a nice house. It’s all I think about. And I
know I will be strapped in a job I don’t want paying debt for the rest of my
life,” said [one new lawyer].
“I’m
buried under debt. I’m terrified that this is what the rest of my life is going
to look like. I’m also scared to start my own practice, because I
don’t have the practical litigation experience.
I can’t afford a pet, let alone kids. I live paycheck
to paycheck. It’s very, very scary and disheartening,”
was another response from a new lawyer.
Another
lawyer said the job search left the lawyer feeling “suicidal” and “terrified.” The
lawyer also feels alone and scared of making a mistake in practice but is
hesitant to tell anyone about these mental struggles for fear of being
disbarred.
.
. . [A] task force member and past president of the State Bar’s Young Lawyer’s
Division[] said the lawyers who made these sorts of comments “are fast becoming
your average member of the State Bar.”
So,
in short: lots of stress due to high debt loads, no jobs, and the fear of
practicing law because of the lack of training and the related risk of
disbarment. So what is the state bar’s
solution?