You can find many accounts of the grim situation facing recent law school grads all over the internet. Paul Campos has done some math and pins the real employment figures for newly minted JDs at around 30-35% (meaning unemployment or underemployment of around 65-70%). You can read the longer, slightly less pessimistic version of his argument in The New Republic. Does this mean you shouldn’t go to law school? No, it doesn’t mean that at all, but it does mean you should gather as much information as you can and think carefully about your motives and goals. Law school was never the ticket to assured success that many made it out to be, but we now have plenty of evidence to suggest that law school requires the same sort of consideration of risks, costs, and potential benefits as any other sort of professional education.