Graduates from the Class of 2013 actually found more jobs than the Class of 2007, and yet their employment rate was 7.4 percentage points lower and their unemployment rate was the highest in twenty years. For the second year in a row, the number of jobs obtained by the graduating class and the overall quality of those jobs both improved, and yet at the same time the overall employment rate fell for the sixth year in a row. The entry-level legal employment market is a complex labor market that defies easy analysis or simple summation. As the legal services market continues to change at a rapid pace following the dramatic downsizing during the recession, the variety and diversity of jobs that law grads take now is greater than ever. It is clear that the overall jobs profile for the Class of 2013 improved considerably from that for the Class of 2011, despite the further edging down of the overall employment rate. Historically, it is likely that the Class of 2011 will stand as the Class that had the weakest jobs picture following graduation, with less than half of the employed members of the class finding jobs in private practice, but the Class of 2013 will likely stand as the class with the lowest overall employment rate since the recession that began in 2008. The changes facing the industry are enormous, and it is all but certain that the job market will continue to change for new law school graduates in the years ahead. Already graduates are reporting more law firm jobs that are non-equity track staff attorney positions, and a growing number of jobs with legal technology companies and legal process outsourcing companies companies – jobs that were not on anyone’s radar screen prior to the recession. The traditional market for large numbers of law graduates by large law firms seeking equity-track new associates is not likely to ever return to what it was in 2006 or 2007, and thus aggregate earning opportunities for the class as a whole are not likely to return to what they were before the recession. During this session, NALP’s Executive Director will provide an in-depth look at the changing job market for new law school graduates; a law firm managing partner and a law school professor will discuss the implications.