HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: Why law schools are losing relevance — and how they’re trying to win it back. “Nine months after graduation, a little more than half of the class of 2013 had found full-time jobs as lawyers, down from 77 percent of 2007, according to the most recent data from the American Bar Association and the National Association for Law Placement. Those who did find jobs had starting salaries that were 8 percent below the 2009 peak.”