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Lack of contracts fails to halt increase in law students

I suppose one has to look at the positives. Oversupply is beneficial to law firms as it deflates wages and provides ample choice. Also paralegals will work hard on the promise of a training contract (not likely to materialise though) As soon as the paralegal works it out and leaves there will always be a large pool of younger paralegals to draw upon. Most firms achieve good profits, primarily because they use teams of cheap paralegals. Without the oversupply that would not be possible.

20-Nov-2009

10:51 am