The gloomy forecast for newly barred attorneys has many law students rethinking their post-law-school plans. The number of available entry-level law firm jobs to newly minted applicants is shrinking, and, as a result, competition for these jobs is more heated than ever before.
When a job is not available, a new attorney has the option of opening his or her own practice. While this can be a wonderful option, it also comes with several potential pitfalls and should be undertaken only after careful consideration of both personal and professional concerns.
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