Job Satisfaction

Study Finds that Most 2019 Law School Graduates are Satisfied with Their Jobs

Almost half, 47 percent, of lawyers from the Class of 2019 report that they are “extremely satisfied” with their current employment. This is according to the recently published Law School Alumni Employment and Satisfaction, a joint study by the NALP and NALP Foundation. Another 38 percent of the Class of 2019 reported that they feel “somewhat satisfied” with their employment. And a record low, 13 percent of respondents, reported that they are actively seeking a new job. 

The annual study collects information from law school graduates three years after graduation to learn more about their employment and satisfaction. This year’s data included 1,927 graduates from 42 U.S. law schools. The high rate of satisfaction for the Class of 2019 compares favorably to last year’s report (which included 2018 graduates), where only 42 percent reported being “extremely satisfied.” 

Respondents’ reports of high satisfaction, however, may disguise the high mobility they have experienced in the few years since departing law school. Almost three-quarters, 71 percent, reported having had two or more sequential positions since graduation. Among the group who had more than one position since law school, most switched jobs for better compensation/bonuses (62 percent) or because of “attitude ‘fit’ concerns” (42 percent). School debt continues to impact their choice of job and employment sector, as well as other life decisions, including purchasing a home and having children. 

Consultants with MBAs Report Higher Job Satisfaction

Considering a career in consulting? An MBA may do more than just improving your chances of landing a job. According to a recent Poets & Quants article, consultants who have MBAs report a better employee experience within consulting firms than those who have obtained an undergraduate degree alone. In fact, MBAs report higher satisfaction than their bachelor’s degree holding counterparts across all Quality of Work and Life dimensions that were measured in a consulting ranking by Vault and analyzed by Firsthand, an industry intelligence platform. 

MBAs noted significantly higher satisfaction with international opportunities, compensation, client interaction, level of challenge and benefits, while the two groups aligned more closely in satisfaction on “big picture items” such as business outlook, innovation in industry, firm leadership, and supervisor relationships. 

Below, we’ve included a chart showing the various Quality of Work and Life dimensions, along with the average satisfaction scores (with ten as the highest score) for MBAs and those with undergraduate degrees alone.

Source: Poets & Quants