The Best of Law Dog
Since law dog is all the rage, we thought we’d share the best of law dog. Check out all of law dog’s pictures here.
Starting Salaries For Law Grads Drops Significantly
ABA Journal:
New law grads in private practice are no longer taking home median paychecks in the six figures.
The erosion in BigLaw jobs is depressing the salaries for all class of 2011 law graduates, according to new statistics from NALP–The Association for Legal Career Professionals.
Law grads from the class of 2011 are earning median pay of $60,000, a 5 percent drop from 2010 and a 17 percent drop since 2009. Average pay is $78,653, a 15 percent drop since 2009. The figures are for grads who found full-time employment in jobs lasting at least a year.
The drop in starting pay is even more pronounced when only private practice jobs are considered, according to a press release. Median pay for 2011 law grads in private practice is $85,000, an 18 percent drop from 2010, when the median was $104,000, and a 35 percent drop since 2009, when the median was $130,000. Average pay in private practice is $97,821, a 15 percent drop since 2009.
Late Mortgage Payments Down Significantly
Equifax’s June edition of its National Consumer Credit Trends Report shows a sharp decline in the number of delinquent mortgage balances.
California, Nevada, Florida Top Mortgage Fraud List
New figures released by the Financial Crimes Enforcement Network show California, Nevada and Florida to be the states with the highest incidence of debt elimination and foreclosure rescue schemes.
Google Announces New Tablet
Google announced its new Nexus 7 tablet complete with an updated version of its popular Android OS called Jelly Bean.