Saturday, December 21, 2013

New Lawyers Facing Economic, Emotional ‘Depression’

It’s not easy being a new lawyer. You start your career saddled with debt and, all too often these days, no job. It’s enough, we imagine, to cause more than a few sleepless nights.
The Wisconsin state bar thought the issue warranted a bit of attention, and has just issued a report on its findings. (Hat tip: TaxProf Blog)
The folks behind the study started out with handful of simple questions, lodged to more than 200 newbie lawyers. Among them: “Please feel free to tell us anything about the challenges you face as a new lawyer.”
The answers weren’t pretty. They included:
— “Even though I’ve had a job for the past five months, I don’t feel like I have any job security, and I’m terrified of being back in the job market.”
— “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.”
— “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.”
Another lawyer admitted to feeling “suicidal” and “terrified.” According to this recap of the study (which itself sits behind a paywall), that 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.”
Said Arthur Harrington, a co-chairman of the task force: young lawyers “are facing a depression, both economically and emotionally.”
Some of the recommendations offered by the task force: lower the cost of continuing legal education programs; create more opportunities for younger lawyers to be mentored; and help younger lawyers with “practice management” and “business training.”

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